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Press release from CNW Group

Aston Hill Asset Management Inc. Declares Distributions

Monday, April 21, 2014

Aston Hill Asset Management Inc. Declares Distributions

16:45 EDT Monday, April 21, 2014

TORONTO, April 21, 2014 /CNW/ - Aston Hill Asset Management Inc. (the "Manager") announces monthly distributions for record dates from April to June 2014 for each of the following funds:


Fund Name 

TSX Ticker

Amount per Unit




Aston Hill Advantage Oil & Gas Income Fund
Aston Hill Oil & Gas Income Fund
Aston Hill Advantage VIP Income Fund
Aston Hill VIP Income Fund
Aston Hill Advantage Bond Fund (Class A & F)

AOG.UN

OGF.UN

AV.UN

VIP.UN

MBB.UN

$0.02250

$0.02250

$0.04750

$0.04500

$0.05833

Record dates and payment dates are as follows:

 

Record Date

April 30, 2014

Payment Date

May 14, 2014

May 30, 2014 

June 13, 2014

June 30, 2014 

July 15, 2014

Aston Hill VIP Income Fund and Aston Hill Oil & Gas Income Fund Warrants

Warrants distributed to unitholders of Aston Hill VIP Income Fund ("VIP") and Aston Hill Oil & Gas Income Fund ("OGF") are currently in-the-money, meaning that units of both funds can be purchased for less than market value through exercise of the warrants. The warrants for VIP (TSX: VIP.WT) are exercisable at $10.16 which is below the current market price of $10.27 and the most recently reported net asset value per unit of $10.74 as at April 17, 2014. The warrants for OGF (TSX: OGF.WT) are exercisable at $5.25 which is also below the current market price of $5.41and the most recently reported net asset value per unit of $5.78 as at April 17, 2014. The warrants for both funds will expire on June 10, 2014.

The Manager is a wholly-owned subsidiary of Aston Hill Financial Inc. (TSX: AHF). Aston Hill Financial Inc. is a diversified asset management company with a suite of retail mutual funds, closed end funds, private equity funds, hedge funds and segregated institutional funds. Aston Hill Financial is also engaged in the administration of Argent Energy Trust (TSX: AET.UN). Aston Hill Financial has offices in Calgary, Toronto and Halifax.

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.

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