Marret High Yield Strategies Fund Announces Distributions for 3rd Quarter

TORONTO, July 16 /CNW/ - Marret Asset Management Inc. announces that Marret High Yield Strategies Fund (TSX: MHY.UN) will pay a distribution in the amount of $0.067 per unit on or before each of August 16, 2010, September 15, 2010 and October 15, 2010 to unitholders of record on July 30, 2010, August 31, 2010 and September 30, 2010, respectively.

Marret Asset Management is one of Canada's largest independent credit focused asset management companies with $4.4 billion under management.

%SEDAR: 00028346E

For further information: Lara Misner, [phone]