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Press release from CNW Group

DDJ High Yield Fund Renews Normal Course Issuer Bid

Friday, December 02, 2011

DDJ High Yield Fund Renews Normal Course Issuer Bid10:09 EST Friday, December 02, 2011TSX Symbol:  HYB.UN TORONTO, Dec. 2, 2011 /CNW/ - DDJ High Yield Fund (the "Fund") intends to purchase for cancellation up to 311,763 of its Trust Units by way of a normal course issuer bid through the facilities of The Toronto Stock Exchange.  The 311,763 Trust Units represent 10% of the public float of the Fund being 3,117,629 Trust Units as at December 1, 2011.  The number of issued and outstanding Trust Units as at December 1, 2011 was 3,117,629.  The Fund will not purchase in any given 30 day period, in the aggregate more than 62,353 Trust Units, being 2% of the issued and outstanding Trust Units as at December 1, 2011.The purchases may commence on December 7, 2011 and will terminate on December 6, 2012, or on such earlier date as the Fund may complete its purchases pursuant to a notice of intention filed with The Toronto Stock Exchange or provide notice of termination.  Any such purchases will be made by the Fund at the prevailing market price at the time of such purchases in accordance with the requirements of The Toronto Stock Exchange.  The Manager of the Fund believes that it would be in the best interests of the Fund and the holders of the Trust Units to purchase Trust Units in the market.In the last 12 months under its previous normal course issuer bid, the Fund purchased 55,900 of its Trust Units at the weighted average price of $9.49 per Trust Unit.For further information: David C. Pauli Executive Vice-President and Chief Operating Officer CI Investments Inc. Tel.:  416-364-1145 Toll Free: 1-800-268-9374