Taylor North American Equity Opportunities Fund
TSX : TOF.UN

Taylor North American Equity Opportunities Fund

August 28, 2012 15:18 ET

Brompton Congratulates Taylor Asset Management

TORONTO, ONTARIO--(Marketwire - Aug. 28, 2012) - Brompton Funds Limited (the "Manager") would like to congratulate David Taylor of Taylor Asset Management Inc., the portfolio manager of Taylor North American Equity Opportunities Fund (the "Fund") (TSX:TOF.UN) on his recent Brendan Wood 2012 Canadian TopGun Investment Minds Award. To date, Mr. Taylor has produced superior returns for the Fund and has delivered on his commitment to find excellent value stocks in the current market. As of August 24, 2012 the net asset value per unit of the Fund was $10.00. The Fund has delivered a strong performance of 7.3% 1per unit in just over two months since the Fund's inception on June 19, 2012. This represents a 4.3% outperformance to the S&P/TSX Composite Index and a 3.0% outperformance to the S&P 500 Index over the same time period.

Mr. Taylor is a frequent guest on BNN. To view recent BNN interviews with Mr. Taylor as he discusses his views on the market and the current opportunity in equities, please visit our website at www.bromptongroup.com/taylor.

About Brompton Funds

Brompton Funds, a division of Brompton Group, is a leading and experienced closed-end fund manager. Brompton is focused on meeting the needs of investors by offering low cost, innovative products with client friendly terms and supported by strong corporate governance. For further information, please contact your financial advisor, call our investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) or visit our website at www.bromptongroup.com.

About Taylor Asset Management

Taylor Asset Management Inc. is an independent investment management firm, founded by award-winning portfolio manager David Taylor to meet the needs of individual and institutional investors. Mr. Taylor was previously the lead equity portfolio manager for several funds from late 2002-2011 which won 15 Lipper Awards, and also won Morningstar Canada's Best Canadian Equity Fund award for 2006, 2009, and 2010. The firm's research-intensive, risk-sensitive, fundamentals-based investment process focuses on identifying securities that are undervalued to develop portfolios that deliver strong long-term growth consistent with core investments.

www.taylorassetmanagement.com.

1As of August 24, 2012. Performance is cumulative and reflects total return based on net asset value.

Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the fund's publicly filed documents which are available from SEDAR at www.sedar.com. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to matters disclosed in this news release and to other matters identified in public filings relating to the Fund, to the future outlook of the Fund and anticipated events or results and may include statements regarding the future financial performance of the Fund. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "plan", "anticipate", "believe", "intend", "estimate", "predict", "potential", "continue" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information.

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