Anchor Managed High Income Fund Declares Quarterly Distributions

TORONTO, June 14, 2016 /CNW/ - The Board of Directors of Scotia Managed Companies Administration Inc. in its capacity as Trustee of Anchor Managed High Income Fund (the "Fund") has declared cash distributions of $0.05 per Class A Unit, Verus Class A Unit, Class F Unit and Verus Class F Unit payable on June 30, 2016 to holders of record at the close of business on June 23, 2016.

The Fund was created to generate stable quarterly cash distributions and potential for consistent, long-term capital appreciation. The Fund invests in a concentrated portfolio of high dividend-yielding equities of large TSX listed Canadian companies and REITs. The investment portfolio may change due to ongoing portfolio transactions of the Fund.

SOURCE Anchor Managed High Income Fund

Investor Relations, Scotia Managed Companies Administration Inc., Trustee of Anchor Managed High Income Fund, Tel: [phone], Email: [email protected], Web site: www.scotiamanagedcompanies.com