Creststreet Mutual Funds Limited Declares Distribution

/NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./

TORONTO, March 8, 2012 /CNW/ - Creststreet Mutual Funds Limited, today declared that a non-eligible taxable dividend, that will be paid on March 09, 2012 to the applicable shareholders of record at the close of business on March 08, 2012.  This is an annual declaration of distributions for the below listed Funds.

There are no dividends to be paid from the 2012N series (CAM111) and 2012Q series (CAM112) of Creststreet Resource Fund.

The dividend will be automatically reinvested in additional shares of the same series, unless the shareholder has requested payment in cash.  It is important to note that, due to the re-investment of the dividend in additional shares, the total value of a shareholder's investment has not changed as a result of this dividend. The distribution will adjust shareholders' adjusted cost base ("ACB") upwards accordingly. Updated ACB information is available at www.creststreet.com.

Creststreet Mutual Funds Limited

Creststreet Mutual Funds Limited is a multi-class, open-end mutual fund managed by Creststreet Asset Management Limited. The Fund offers three fund classes: Creststreet Resource Fund for investors who are seeking exposure to the Canadian resource sector; Creststreet Dividend & Income Fund for investors who are seeking stable monthly cash distributions through investment in a portfolio of income yielding securities; and Creststreet Alternative Energy Fund for investors who are seeking long-term growth of capital by investing in a portfolio of high growth companies focused in the rapidly growing Alternative Energy sector.

Tax Deferred Switching between Fund Classes

Creststreet Mutual Funds Limited offers three fund classes; the Creststreet Resource Fund, the Creststreet Alternative Energy Fund and the Creststreet Dividend & Income Fund.  Investors can switch shares from one Fund to another on a tax-deferred "rollover" basis where the event will not result in a capital gain or loss and the adjusted cost base of the shares of the new Fund acquired on the switch will be equal to the adjusted cost base of the shares switched from the former Fund.

About Creststreet

Creststreet is a performance driven, independent asset management firm, founded on the premise that commodities are an increasingly scarce resource that will increase in value over time, providing attractive long-term investment opportunities.  Since its inception in 2000, Creststreet has raised over $1 billion for resource investments. Creststreet has built a committed investment management team with more than 30 years of combined resource investment experience. Creststreet seeks to provide its investors superior, risk adjusted returns in unique core and specialty products by combining our rigorous internal research processes with our active portfolio management style. 

Kevin Wood
President
Direct: 416-864-3117
Toll free: 1-866-864-6330 x3117
Email: [email protected]