Mr. John Germain reports

MULVIHILL LAUNCHES ETF UNITS OF MULVIHILL CORPORATE BOND FUND

Mulvihill Capital Management Inc.'s Mulvihill Corporate Bond Fund has closed its initial public offering of exchange-traded-fund units, and the units will begin trading today on the Toronto Stock Exchange under the ticker symbol CORP.

The investment objectives of CORP are to provide securityholders with: (a) attractive monthly distributions; and (b) the opportunity for modest capital appreciation primarily through investment in a portfolio consisting primarily of fixed-income securities.

To achieve its investment objectives, the fund will invest directly or indirectly in a portfolio consisting primarily of fixed-income securities issued by Canadian and U.S. corporations.

About Mulvihill Capital Management Inc.

Mulvihill is a Canadian investment manager specializing in enhanced yield equity strategies. The firm was founded in 1995, making it one of the oldest and most experienced managers of option-related strategies in Canada. The current team of six portfolio managers at Mulvihill have over 150 years of industry experience. The firm services retail, high net worth and institutional clients through mutual funds, ETFs and separately managed accounts.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded funds. Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to ETFs. Investors may incur customary brokerage commissions in buying or selling ETFs.