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Press release from CNW Group

Aston Hill Asset Management Inc. Declares Distributions

Monday, October 15, 2012

Aston Hill Asset Management Inc. Declares Distributions09:31 EDT Monday, October 15, 2012TORONTO, Oct. 15, 2012 /CNW/ - Aston Hill Asset Management Inc. (the "Manager") announces monthly distributions for record dates from October to December 2012 for each of the following funds:Fund NameTSX TickerAmount per UnitAston Hill Advantage Oil & Gas Income FundAOG.UN$0.02250 (previously $0.0325)Aston Hill Oil & Gas Income FundOGF.UN$0.02250 (previously $0.0350)Aston Hill Advantage VIP Income FundAV.UN$0.04750 (previously $0.0700)Aston Hill VIP Income FundVIP.UN$0.04500 (previously $0.0700)Aston Hill Advantage Bond Fund (Class A & F)MBB.UN$0.05833Aston Hill Senior Gold Producers Income Corp.GPC$0.06250Record dates and payment dates are as follows:Record Date   Payment DateOctober 31, 2012  November 14, 2012November 30, 2012   December 14, 2012December 31, 2012   January 15, 2013  After thoroughly reviewing the portfolios, it is the Manager's decision to decrease the monthly distribution paid per unit for Aston Hill Advantage Oil & Gas Income Fund, Aston Hill Oil & Gas Income Fund, Aston Hill Advantage VIP Income Fund, and Aston Hill VIP Income Fund (the "Funds"). This decision was reached in order to bring the Funds' yields to what the Manager believes is a sustainable range. The Yield to NAV and Yield to Price for these Funds is between 5% - 6% per annum:Fund Name  Yield to NAV  Yield to PriceAston Hill Advantage Oil & Gas Income Fund  5.3% per annum  5.6% per annumAston Hill Oil & Gas Income Fund  5.4% per annum  5.7% per annumAston Hill Advantage VIP Income Fund  5.8% per annum  5.8% per annumAston Hill VIP Income Fund  5.9% per annum  6.0% per annumYield to NAV and Yield to Price based on the most current NAV and Price as of October 9, 2012.    SOURCE: Aston Hill Asset Management Inc.For further information: Please contact your financial advisor, call Aston Hill's Sales and Marketing support line at 416-583-2300 (toll-free at 1-800-513-3868), or visit our website at www.astonhill.ca.