Marret Investment Grade Bond Fund Announces Distributions for June

TORONTO, June 21, 2016 /CNW/ - Marret Asset Management Inc. announces that Marret Investment Grade Bond Fund (TSX: MIG.UN) will pay a distribution in the amount of $0.045 per unit on or before July 15, 2016 to unitholders of record June 30, 2016.

The fund will trade ex-divdend on June 28, 2016. If there are any questions or issues in respect of claiming the distribution, please contact Barry Allan at 416-306-3886 or [email protected].

About Marret Asset Management Inc.

Marret Asset Management Inc. specializes in fixed income and particularly in high-yield debt strategies.  The experienced team of investment professionals is led by Barry Allan, President and Chief Investment Officer.  He founded Marret in 2000, following a career at Altamira, Nesbitt Thomson and a Canadian chartered bank, and has over 30 years of experience in credit and fixed-income markets.

This press release contains forward-looking statements and information within the meaning of applicable securities legislation, including but not limited to expectations regarding future distributions by the Fund. Forward-looking statements can be identified by the expressions "seeks", "expects", "believes", "estimates", "will", "target" and similar expressions. The forward-looking statements are not historical facts but reflect Marret Asset Management Inc.'s current expectations regarding future results or events and are based on information currently available to management. Certain material factors and assumptions were applied in providing these forward-looking statements. All forward-looking statements in this press release are qualified by these cautionary statements.

Management believes that the expectations reflected in forward-looking statements are based upon reasonable assumptions; however, management can give no assurance that the actual results or developments will be realized. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including the matters discussed under "Risks Factors" in the Fund's current Annual Information Form. Readers, therefore, should not place undue reliance on any such forward-looking statements. Further, a forward-looking statement speaks only as of the date on which such statement is made. Marret Asset Management Inc. and the Fund undertake no obligation to publicly update any such statement or to reflect new information or the occurrence of future events or circumstances except as required by securities laws.

These forward-looking statements are made as of the date of this press release.

SOURCE Marret Asset Management Inc.

For further information on the Fund, contact Marret Investor Relations at 416-214-5800 or [email protected], or about Marret, go to www.marret.com