Aston Hill Asset Management Inc. Declares Distributions

TORONTO, Aug. 22, 2016 /CNW/ - Aston Hill Asset Management Inc. (the "Manager") announces monthly distributions with record date of August 31, 2016 for each of the following funds:

Fund Name	TSX Ticker	Distribution Amount per Unit	Distribution Amount Annualized	Price*	Current Yield*
Aston Hill Advantage Oil & Gas Income Fund	AOG.UN	$0.01125	$0.135	$2.76	4.89%
Aston Hill Advantage VIP Income Fund	AV.UN	$0.035	$0.42	$10.08	4.17%
Aston Hill VIP Income Fund	VIP.UN	$0.035	$0.42	$9.09	4.62%
Aston Hill Advantage Bond Fund  (Class A & F)	MBB.UN	$0.05833	$0.70	$8.99	7.79%

*TSX price as at Aug 19, 2016. Prices and yields shown are for Class A units only unless specified otherwise.

Record dates and payment dates are as follows:

Record Date	Payment Date
August 31, 2016	Sep 15, 2016

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, hedge funds and segregated institutional funds. Aston Hill Financial is headquartered in Toronto.

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.