An anonymous director reports

SKYLON FUNDS ANNOUNCE DISTRIBUTIONS FOR MONTH ENDING JULY 2014

CI Investments Inc., as manager of each of the issuers named in the table (the Skylon funds), has declared distributions for the month ending July 31, 2014, payable on Aug. 15, 2014, to unitholders of record as at July 31, 2014.

Skylon fund                           TSX symbol  Distribution amount

High Yield & Mortgage Plus Trust          HYM.UN    $0.15625 per unit
Skylon Growth & Income Trust              SKG.UN    $0.05833 per unit
Yield Advantage Income Trust              YOU.UN     $0.0583 per unit