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Press release from Marketwire

Flaherty & Crumrine Investment Grade Fixed Income Fund Announces Special Year End Distribution

Friday, December 16, 2011

Flaherty & Crumrine Investment Grade Fixed Income Fund Announces Special Year End Distribution16:42 EST Friday, December 16, 2011TORONTO, ONTARIO--(Marketwire - Dec. 16, 2011) - For the year ended December 31, 2011, Flaherty & Crumrine Investment Grade Fixed Income Fund (TSX:FFI.UN) (the "Fund") estimates that it will generate approximately $0.04 per unit of income in excess of its previously announced distributions for the year. As a result, the Fund is pleased to announce a special cash distribution of $0.04 per unit payable on January 16, 2012 to unitholders of record at the close of business on December 30, 2011. In total, the Fund will have distributed $1.00 per unit for the year ended December 31, 2011.About Brompton FundsBrompton is a leading, experienced closed-end fund manager and leader in corporate governance. Brompton is focused on meeting the needs of investors by offering low cost, innovative products with client friendly terms. For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) email info@bromptongroup.com or visit our website at www.bromptonfunds.com. Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this press release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. FOR FURTHER INFORMATION PLEASE CONTACT: Investor RelationsBrompton Funds416-642-9051 or (toll-free at 1-866-642-6001)info@bromptongroup.comwww.bromptonfunds.com