O'Leary Funds Announces Special Distributions

MONTREAL, Jan. 5, 2015 /CNW Telbec/ - O'Leary Funds Management LP, the manager and trustee (the "Manager") of the family of O'Leary funds announced today the special distribution amounts for the 2014 calendar year. Furthermore, these estimates are for information purposes only and are not intended as legal or tax advice. Unitholders should consult their own legal or tax advisors.

Mutual Fund	Series	Estimated distribution amount per unit	Record date	Payment date
O'Leary Canadian Dividend Fund	Series A	0.410	Dec. 19, 2014	Dec. 22, 2014
O'Leary Canadian Dividend Fund	Series F	0.393	Dec. 19, 2014	Dec. 22, 2014
O'Leary Canadian Dividend Fund	Series H	0.156	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Infrastructure Income Fund	Series A	0.695	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Infrastructure Income Fund	Series F	0.639	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Infrastructure Income Fund	Series X	0.954	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Infrastructure Income Fund	Series Y	0.953	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Infrastructure Income Fund	Series A unhedged	0.188	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Infrastructure Income Fund	Series F unhedged	0.123	Dec. 19, 2014	Dec. 22, 2014
O'Leary Canadian High Income Fund	Series A	0.241	Dec. 19, 2014	Dec. 22, 2014
O'Leary Canadian High Income Fund	Series F	0.086	Dec. 19, 2014	Dec. 22, 2014
O'Leary Canadian High Income Fund	Series H	0.128	Dec. 19, 2014	Dec. 22, 2014
O'Leary Canadian High Income Fund	Series X	0.213	Dec. 19, 2014	Dec. 22, 2014
O'Leary Canadian High Income Fund	Series Y	0.065	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Income Fund	Series A	0.664	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Income Fund	Series F	0.339	Dec. 19, 2014	Dec. 22, 2014
O'Leary Global Income Fund	Series A unhedged	0.370	Dec. 19, 2014	Dec. 22, 2014
O'Leary Floating Rate Income Fund	Series A (USD)	0.152	Dec. 19, 2014	Dec. 22, 2014
O'Leary Floating Rate Income Fund	Series F (USD)	0.024	Dec. 19, 2014	Dec. 22, 2014
O'Leary Floating Rate Income Fund	Series H (USD)	0.000	Dec. 19, 2014	Dec. 22, 2014
O'Leary Floating Rate Income Fund	Series A unhedged	0.248	Dec. 19, 2014	Dec. 22, 2014
O'Leary Floating Rate Income Fund	Series F unhedged	0.127	Dec. 19, 2014	Dec. 22, 2014
O'Leary Tactical Income Fund	Series A (USD)	0.075	Dec. 19, 2014	Dec. 22, 2014
O'Leary Tactical Income Fund	Series F	0.015	Dec. 19, 2014	Dec. 22, 2014
O'Leary Tactical Income Fund	Series F (USD)	0.017	Dec. 19, 2014	Dec. 22, 2014
O'Leary Tactical Income Fund	Series A unhedged	0.039	Dec. 19, 2014	Dec. 22, 2014

The mutual funds in the family of O'Leary funds must distribute their net income and net realized capital gains to their respective unitholders. As a result, the indicated mutual fund special distributions above represent the estimated total undistributed net income accrued and the total undistributed net realized capital gain the funds earned during the year.

More information about the Fund is set out in the Fund's simplified prospectus which is available on SEDAR at www.sedar.com and the Manager's website at www.olearyfunds.com.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to the future outlook of the Funds and anticipated distributions, events or results and may include statements regarding the future financial performance of the Funds. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "anticipate", "believe", "intend" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information.

About O'Leary Funds Management LP
O'Leary Funds Management LP is a Canadian investment fund manager of mutual funds and closed-end funds striving to provide Canadian investors with reliable and strategic income solutions. Based on our value-yield investment philosophy, Canadian and global investment opportunities are identified through a disciplined investment process. Our core principles, Income, Capital Appreciation and Capital Preservation, are driven by each portfolios investment objectives. Our portfolios are diversified by sector, region and asset class. For more details about O'Leary Funds, visit www.olearyfunds.com.

SOURCE O'Leary Funds Management LP

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