Marret Asset Management Inc. - Press release

    TORONTO, June 11 /CNW/ - Barry Allan, Chief Executive Officer of Marret
Asset Management, manager of Marret High Yield Strategies Fund, announced
today that Laurence Cashin has resigned as a credit analyst and chief
financial officer, effective June 19, 2009, to pursue other opportunities.
Marret has recently hired three new employees, including a portfolio manager,
a credit analyst and a chief financial officer. Mr. Allan wishes Mr. Cashin
well in his new endeavours.

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Marret Asset Management Inc.

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