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Press release from CNW Group

Propel Capital Corporation - Distributions Press Release

Wednesday, December 19, 2012

Propel Capital Corporation - Distributions Press Release11:14 EST Wednesday, December 19, 2012TORONTO, Dec. 19, 2012 /CNW/ - Propel Capital Corporation announces distributions for the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund, Diversified Alpha Fund II, Strategic Income Allocation Fund and North American REIT Income Fund.Quarterly Distributions:For the quarter ending December 31, 2012 the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund and Diversified Alpha Fund II will make the following distributions. These distributions are expected to consist primarily of return of capital.  FundTSX SymbolDistribution Amount (per unit)Record DatePayment DateCanadian Convertibles Plus FundCCI.UN$0.15625December 31, 2012January 15, 2013Canadian High Yield Focus FundCAH.UN$0.19500December 31, 2012January 15, 2013Diversified Alpha Fund IIAFT.UN$0.15000December 31, 2012January 15, 2013Monthly Distributions:For months ending December 2012, January and February 2013, the Strategic Income Allocation Fund and the North American REIT Income Fund will make the following distributions. The Strategic Income Allocation Fund distributions are expected to consist primarily of return of capital.  FundTSX SymbolRecord DatePayment DateDistribution Amount (per unit)Strategic Income Allocation FundSIF.UNDecember 31, 2012January 15, 2013$0.05417Strategic Income Allocation FundSIF.UNJanuary 31, 2013February 15, 2013$0.05417Strategic Income Allocation FundSIF.UNFebruary 28, 2013March 15, 2013$0.05417North American REIT Income FundNRF.UNDecember 31, 2012January 15, 2013$0.05000North American REIT Income FundNRF.UNJanuary 31, 2013February 15, 2013$0.05000North American REIT Income FundNRF.UNFebruary 28, 2013March 15, 2013$0.05000 SOURCE: Propel Capital CorporationFor further information: please call Raj Lala, President, Propel Capital at 416-572-2364 or visit  www.propelcapital.ca