TORONTO, May 9, 2016 /CNW/ - Aston Hill Asset Management
Inc. (the "Manager" or "Aston Hill"), the manager of Aston Hill Growth & Income Fund, Aston Hill Global Growth & Income
Fund, Aston Hill High Income Fund, Aston Hill Growth & Income Class and Aston Hill Global Growth & Income Class and Aston
Hill High Income Class (collectively, the "Funds") announced that at the separate special securityholder meetings of each Fund held
today, the securityholders approved the previously announced funds merger proposal.
Securityholder approval was given for the mergers (the "Mergers") of Aston Hill Growth & Income Fund and Aston Hill Global
Growth & Income Fund (the "Terminating Funds") with Aston Hill High Income Fund (the "Continuing Fund") and Aston Hill Growth
& Income Class and Aston Hill Global Growth & Income Class (the "Terminating Classes") with Aston Hill High Income Class
(the "Continuing Class").
The mergers are expected to take effect on or about May 20, 2016, subject to regulatory
approval.
Additional information concerning the mergers are contained in the meeting materials that were mailed to securityholders in
connection with the special meetings and which are also available on www.sedar.com and at www.astonhill.ca.
About Aston Hill
Aston Hill is a wholly-owned subsidiary of Aston Hill Financial Inc. (TSX: AHF). Aston Hill Financial Inc. is a diversified
asset management company with a suite of retail mutual funds, closed end funds, hedge funds and segregated institutional funds.
Aston Hill Financial is headquartered in Toronto.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please
read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not
be repeated.
This news release contains certain "forward-looking statements" within the meaning of such statements under applicable
securities law. Forward-looking statements are frequently characterized by words such as "plan", "continue", "expect", "project",
"intend", "believe", "anticipate", "estimate", "may", "will", "potential", "proposed" and other similar words, or statements that
certain events or conditions "may" or "will" occur. These statements are only predictions. Various assumptions were used in drawing
the conclusions or making the projections contained in the forward-looking statements throughout this news release. Forward-looking
statements are based on the opinions and estimates of management at the date the statements are made, and are subject to a variety
of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in
the forward-looking statements.
SOURCE Aston Hill Asset Management Inc.
