O'Leary Global Income Opportunities Fund Announces Monthly Distribution

TORONTO, Jan. 5 /CNW/ - O'Leary Funds Management LP, the manager of O'Leary Global Income Opportunities Fund (TSX: OGO.un) (the "Fund"), is pleased to announce an expected monthly distribution amount for the following twelve months commencing February 26, 2010 of $0.06 per trust unit ("Trust Unit") of the Fund ($0.72 per annum). This monthly distribution amount remains the same as the monthly distribution paid by the Fund since its inception.

The Fund has been created to invest globally primarily in publicly-traded investment grade corporate bonds, convertible debt securities, preferred shares and dividend-paying equity securities of issuers having market capitalizations of at least $1 billion. Stanton Asset Management Inc. (the "Portfolio Advisor") believes that current market and economic conditions, for investing in corporate bonds and convertible debt securities as well as preferred shares and dividend-paying equities, are attractive for investors seeking a diversified source of total return and income.

    The Fund's investment objectives are to:

    (a) maximize total return for holders of Trust Units ("Unitholders"),
        consisting of interest and dividend income and capital appreciation;
    (b) provide Unitholders with monthly distributions initially targeted to
        be $0.06 per Trust Unit ($0.72 per annum representing an annual cash
        distribution of 6.0% based on the $12.00 per Unit issue price).

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Fund. The forward-looking statements are not historical facts but reflect O'Leary Funds Management LP's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although O'Leary Funds Management LP believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. O'Leary Funds Management LP undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.


For further information: For further information: please contact Investor Relations for O'Leary Funds at (877) 849-2004 x226 or info@olearyfunds.com or visit www.olearyfunds.com

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