ONE Financial Corporation responds to strong demand for its initial offering

Extends offering period to May 31, 2013

TORONTO, April 30, 2013 /CNW/ - ONE Financial Corporation ("ONE Financial") announced today that it is extending the offering period for its initial private offering, in response to significant demand from Canadian investors and their financial advisors. According to ONE Financial's CEO Jeffrey O'Brien, demand for the offering - which provides high income and growth potential for accredited and other eligible investors - has been strong.

"We are pleased with the response to our initial offering, which reflects investors' current appetite for balancing attractive fixed income, with strong growth potential." commented O'Brien

The offering which was launched in the second week of April, was originally scheduled to close on April 30. However overwhelming requests from financial advisors to provide more time for their clients to participate prompted ONE Financial to extend the offering to May 31, 2013.

"Many investors are currently nervous about the markets and feel more comfortable sitting on the sidelines in fixed income, but can't afford not to have a market growth component in their portfolio. Our offering provides them the best of both worlds: a high fixed yield, while they wait to receive high variable return potential." said O'Brien.

The offering by ONE Financial and its parent company consists of Combined Units offered at $30 each, with a minimum investment requirement of $30,000 (the "Offering"). Each Combined Unit is comprised of one $10 Senior Loan ("Senior Loan"), plus one $20 Common Share ("Common Share").

The Senior Loans pay annual interest at a fixed rate of 11% per year, with a planned investment term of 2½ years. ONE Financial may repay Senior Loans early, or, upon payment of bonuses including 2% additional interest, extend their maturity by 1 year to a maximum of 3 ½ years.

The Common Shares provide upside growth potential of 50% per year. Given that the shares are not currently listed on any stock exchange, ONE Financial plans to provide liquidity by repurchasing them upon maturity of the Senior Loans. Any such repurchase would be at a price per Common Share that has grown at the rate of 50% of their issue price per annum (example: $45 per Common Share at 2½-year maturity). While it is ONE Financial's objective to execute repurchases in respect of all Common Shares, it cannot make any guarantees or assurances that such plan will be successfully executed.¹

The Offering's maximum size is $9,600,000, with net proceeds intended primarily for financing ONE Financial's sales commissions payable to financial advisors on assets raised in its new All- Weather Profit Family™ (the "Family"). The Family is Canada's first and only family of long/short mutual funds and wrap portfolios, and is essentially bringing hedge funds to the masses. The Family is very different from traditional mutual funds, which can generally only profit in two ways - from stocks or bonds going up. The ONE Financial All-Weather Profit Family is a special class of mutual funds called "commodity pools". This classification enables them to diversify into four asset classes, and pursue profit in eight ways - from stocks, bonds, commodities, and currencies, going up (called "long" investing) or down (called "short" investing). ONE Financial has had a very favourable response from the market to its new Family, and successfully launched the first fund within the Family on February 26, 2013.

To learn more about ONE Financial or how to invest in the Offering, please contact your financial advisor or call ONE Financial at 1-866-360-7888. Purchase forms and other information may also be found at www.onefinancial.com/initialoffering.

ABOUT ONE FINANCIAL

Since 2001, ONE Financial has been partnering with Canadian financial advisors to provide unique and innovative investment products to investors. Its products are designed to minimize risk while pursuing high income and growth. Canadians have responded to the unique benefits of ONE Financial's offerings, and invested approximately $350 million in its investment solutions. With over a decade-long track record of delivering Canadian's first-to-market solutions, and a focus on downside protection, ONE Financial's presence is strong and growing. ONE Financial has offices located in Montreal and Vancouver, with its head office located in Toronto.

DISCLAIMER

¹Annual return potential, liquidity, and share repurchase plan statements are forward- looking, and based on ONE Financial's successful execution of its share repurchase plan. Investors may not be provided any liquidity for their shares via repurchases by ONE Financial, who is not under any obligation to execute repurchases of Common Shares and may decide to repurchase or not repurchase any Common Share at its option at any time In its sole and absolute discretion. Investors could lose their entire investment in Combined Units including if no repurchases or other markets for Common Shares ever become available to them.

The information herein, while obtained from sources believed to be reliable, is not guaranteed as to its accuracy or completeness. This document is for information only and does not constitute an offer to sell or a solicitation to buy the securities referred to herein. Certain statements included in this document constitute forward-looking statements, and such statements may be identified by the expressions "intend", "anticipate", "believe"," estimate", "deliver, "usually", "objective", "expect", "forecast", "may"," will", "project", "should", "outlook", "target", "pursue", "potential", "seek", and similar expressions (including negative and grammatical variations) to the extent they relate to ONE Financial or its funds. In addition, any statement that may be made concerning the objectives, future performance, strategies and possible future actions of ONE Financial or its funds is also forward-looking. Forward-looking statements are not historical facts but reflect current expectations or objectives regarding future results or events. These statements involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in the forward-looking statements. By their nature, forward-looking statements require ONE Financial or its funds to make assumptions about future events which include, among other things, that ONE Financial will continue to have sufficient assets to effect its strategy, the strategy will produce the results intended, and the markets will react and perform in a manner consistent with the strategy. ONE Financial and its funds believe the expectations reflected in forward-looking statements are reasonable. However, none of ONE Financial or its funds can assure that these expectations will prove to be correct, and an investor should not unduly rely on forward-looking statements included in, or incorporated by reference into, this document. These forward- looking statements speak only as of the date of this document. The information provided herein is general in nature and is provided with the understanding that it may not be relied upon as, nor considered to be, the rendering of tax, legal, accounting or professional advice. Readers should consult with  their own accountants and/or lawyers or other advisors for advice on their specific circumstances before taking any action. The offering of the Family is only made by prospectus (the "Family's Prospectus"). The Family's Prospectus contains important detailed information about the securities being offered. Copies of the Family's Prospectus may be obtained from ONE Financial by calling 1-866-360-7888 or visiting onefinancial.com. Any investment contemplated hereunder including an investment in the Family's funds, either directly or by way of their wrap portfolios, is highly speculative  and  involves a high degree of risk, some not traditionally associated with mutual funds. An investor may lose a substantial portion or even all of the money that he or she invests. Investors should read the Family's Prospectus before making an investment decision in the AWP Family, paying particular attention to the risks associated therewith including: No Assurance of Achieving Investment Objectives/Suitability for Investment; Nonconventional Mutual Funds; Limited Operating History; Reliance on ONE Financial; and Conflicts of Interest. Commissions, trailing commissions, management fees and expenses all may be associated with an investment in ONE Financial's funds individually or in the funds by way of the Wrap Portfolios. Please read the funds' prospectus before investing. The funds are not guaranteed, their values change frequently and past performance of any investment described herein may not be repeated and is not indicative of the future performance of the Share Classes. The ONE Financial logo, All-Weather Profit Family logo, "ONE Financial", "All-Weather Profit", "wealth through innovation", and "seek profits from up and down markets" are trademarks of ONE Financial Corporation.

SOURCE: ONE Financial Corporation

MEDIA INQUIRIES AND INTERVIEW REQUESTS 

Shannon MacPherson 
VP, Marketing & Communications 
416.586.6346 or Toll Free 1.866.360.7888 
[email protected] 

Jenny Wells
Communications Manager
416-586-6351 or Toll Free 1.866.360.7888
[email protected]