Propel Capital Corporation - Distributions Press Release

TORONTO, June 19, 2013 /CNW/ - Propel Capital Corporation announces distributions for the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund, Diversified Alpha Fund II, Strategic Income Allocation Fund, North American REIT Income Fund and North American Preferred Share Fund.

Quarterly Distributions:

For the quarter ending June 28, 2013 the Canadian Convertibles Plus Fund, Canadian High Yield Focus Fund and Diversified Alpha Fund II will make the following distributions. These distributions are expected to consist primarily of return of capital.

Fund	TSX Symbol	Distribution Amount (per unit)	Record Date	Payment Date
Canadian Convertibles Plus Fund	CCI.UN	$0.15625	June 28, 2013	July 15, 2013
Canadian High Yield Focus Fund	CAH.UN	$0.19500	June 28, 2013	July 15, 2013
Diversified Alpha Fund II	AFT.UN	$0.15000	June 28, 2013	July 15, 2013

Monthly Distributions:

For months ending June, July and August 2013, the Strategic Income Allocation Fund, North American REIT Income Fund and North American Preferred Share Fund will make the following distributions. The Strategic Income Allocation Fund distributions are expected to consist primarily of return of capital.

Fund	TSX Symbol	Record Date	Payment Date	Distribution Amount (per unit)
Strategic Income Allocation Fund	SIF.UN	June 28, 2013	July 15, 2013	$0.05417
Strategic Income Allocation Fund	SIF.UN	July 31, 2013	August 15, 2013	$0.05417
Strategic Income Allocation Fund	SIF.UN	August 30, 2013	September 13, 2013	$0.05417
North American REIT Income Fund	NRF.UN	June 28, 2013	July 15, 2013	$0.05000
North American REIT Income Fund	NRF.UN	July 31, 2013	August 15, 2013	$0.05000
North American REIT Income Fund	NRF.UN	August 30, 2013	September 13, 2013	$0.05000
North American Preferred Share Fund	NPF.UN	June 28, 2013	July 15, 2013	$0.11460
North American Preferred Share Fund	NPF.UN	July 31, 2013	August 15, 2013	$0.11460
North American Preferred Share Fund	NPF.UN	August 30, 2013	September 13, 2013	$0.11460

SOURCE: Propel Capital Corporation

For further information, please call Raj Lala, President, Propel Capital at 416-572-2364 or visit www.propelcapital.ca