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Press release from CNW Group

Propel Capital Corporation announces distributions for Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund and Diversified Alpha Fund II

Wednesday, March 21, 2012

Propel Capital Corporation announces distributions for Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund and Diversified Alpha Fund II11:02 EDT Wednesday, March 21, 2012TORONTO, March 21, 2012 /CNW/ - Propel Capital Corporation announces the following distributions for the quarter ending March 31, 2012. In all cases, the distribution will be paid on or before April 16, 2012 to Unitholders of record on March 31, 2012.FundTSX Symbol Distribution Amount (per unit)  Canadian Convertibles Plus FundCCI.UN$0.15625Canadian High Yield Focus FundCAH.UN$0.19500Diversified Alpha Fund IIAFT.UN$0.15000For further information: Raj Lala, President, Propel Capital at 416-572-2364 or visit www.propelcapital.ca