Yield Advantage Income Fund and Yield Advantage Income Trust Announce Completion of Termination

TSX Symbol: YOU.UN

TORONTO, Jan. 6, 2016 /CNW/ - Yield Advantage Income Fund and Yield Advantage Income Trust (together, the "Funds") announced today that the Funds completed the redemptions of their outstanding redeemable, transferable units on December 31, 2015 as contemplated by the constating documents of the Funds. In connection therewith, Yield Advantage Income Trust redeemed each unit for $7.418687 and the redemption proceeds were paid on January 5, 2016 through CDS Clearing and Depository Services Inc.

SOURCE CI Financial Corp.

CI Investments Inc., [phone], 1-800-268-9374