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Press release from CNW Group

Propel Capital Corporation - Distributions Press Release

Wednesday, March 20, 2013

Propel Capital Corporation - Distributions Press Release10:07 EDT Wednesday, March 20, 2013TORONTO, March 20, 2013 /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 March 28, 2013 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$0.15625March 28, 2013April 15, 2013Canadian High Yield Focus FundCAH.UN$0.19500March 28, 2013April 15, 2013Diversified Alpha Fund IIAFT.UN$0.15000March 28, 2013April 15, 2013Monthly Distributions:For months ending March, April and May 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.UNMarch 28, 2013April 15, 2013$0.05417Strategic Income Allocation FundSIF.UNApril 30, 2013May 15, 2013$0.05417Strategic Income Allocation FundSIF.UNMay 31, 2013June 14, 2013$0.05417North American REIT Income FundNRF.UNMarch 28, 2013April 15, 2013$0.05000North American REIT Income FundNRF.UNApril 30, 2013May 15, 2013$0.05000North American REIT Income FundNRF.UNMay 31, 2013June 14, 2013$0.05000SOURCE: Propel Capital CorporationFor further information: please call Raj Lala, President, Propel Capital at 416-572-2364 or visit www.propelcapital.ca