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Marquest Corporate Class Funds Ltd. confirms wind-up of Marquest Dow Jones Canada High Dividend 50 Fund (Corporate Class), Marquest S&P/TSX Canadian Dividend Aristocrats Fund (Corporate Class) and Marquest Canadian Balanced Fund (Corporate Class)

Marquest Corporate Class Funds Ltd. confirms wind-up of Marquest Dow Jones Canada High Dividend 50 Fund (Corporate Class), Marquest S&P/TSX Canadian Dividend Aristocrats Fund (Corporate Class) and Marquest Canadian Balanced Fund (Corporate Class)

Toronto, September 23, 2015:

Marquest Corporate Class Funds Ltd. by its Manager, Marquest Asset Management Inc. (“Marquest” or “Manager”) confirms that the previously announced wind-up of Marquest Dow Jones1 Canada High Dividend 50 Fund (Corporate Class)*, Marquest S&P/TSX2 Canadian Dividend Aristocrats Fund (Corporate Class)* and Marquest Canadian Balanced Fund (Corporate Class)* (collectively, the “Funds”) will occur on October 23, 2015.

The Funds have not been available for purchase since June 9, 2014 and all remaining outstanding shares will be redeemed at the NAV per share on October 23, 2015. All redemption proceeds will be paid as of October 26, 2015. Shareholders will be able to initiate switches from the Funds to another Marquest mutual fund, as described in the current annual information form of the funds dated March 31, 2015, up to and including October 22, 2015. Redemption proceeds will be delivered in the same manner as a shareholder initiated redemption.   For shareholders holding securities in a registered account administered by Marquest, the redemption proceeds will be held as cash until such time as instructions are received to re-invest such proceeds in another fund are received or a T2033 transfer form is completed.

For more information, or for answers to questions relating to the wind-up, please contact:

Andrew Bentley
Marquest Asset Management Inc.
abentley@marquest.ca
(647) 788-2034

About Marquest Asset Management Inc.

Marquest is an asset management company based in Toronto, Canada. Marquest is committed to providing Canadian retail investors with access to some of Canada’s premier asset managers through quality investment products and solutions.

 

* Each “Corporate Class” Fund is a series of shares of Marquest Corporate Class Funds Ltd., a mutual fund corporation.

1 The Dow Jones Canada High Dividend 50 Index is a product of Dow Jones Indexes, the marketing name and a licensed trademark of CME Group Index Services LLC (“CME”), and has been licensed for use. “Dow Jones®”, “Dow Jones Canada High Dividend 50 Index” and “Dow Jones Indexes” are service marks of Dow Jones Trademark Holdings, LLC (“Dow Jones”), and have been licensed to CME and have been sublicensed for use for certain purposes by the Manager. Marquest Dow Jones Canada High Dividend 50 Fund (Corporate Class) is not sponsored, endorsed, sold or promoted by CME Indexes, Dow Jones or their respective affiliates, and CME Indexes, Dow Jones and their respective affiliates make no representation regarding the advisability of trading in such product.

2 “Standard & Poor’s ®”,“S&P®” and “S&P/TSX Canadian Dividend Aristocrats Index” are trademarks of Standard & Poor’s Financial Services LLC (“S&P”). These trademarks have been licensed for use by the Manager and sublicensed to Marquest S&P/TSX Canadian Dividend Aristocrats Fund (Corporate Class). Marquest S&P/TSX Canadian Dividend Aristocrats Fund (Corporate Class) is not sponsored, endorsed, sold or promoted by S&P and S&P does not make any representation regarding the advisability of investing in Marquest S&P/TSX Canadian Dividend Aristocrats Fund (Corporate Class). S&P makes no representation or warranty, express or implied, regarding the advisability of investing in securities generally or in Marquest S&P/TSX Canadian Dividend Aristocrats Fund (Corporate Class) particularly or the ability of the S&P/TSX Canadian Dividend Aristocrats Index to track general market performance. S&P has no obligation or liability in connection with the administration, marketing or distribution of the Marquest S&P/TSX Canadian Dividend Aristocrats Fund (Corporate Class).

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