Canadian High Income Equity Fund's Warrants Expire April 15, 2011

TORONTO, ONTARIO--(Marketwire - April 7, 2011) -

NOT FOR DISTRIBUTION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES.

Investors and investment advisors are reminded that Canadian High Income Equity Fund (TSX:CIQ.UN)(TSX:CIQ.WT) currently has warrants outstanding, which have significant implied value. The warrants expire on Friday, April 15, 2011.

	Basic NAV1		Exercise Price		Fully-Exercised NAV2		Implied Value3
Canadian High Income Equity Fund (CIQ.WT)	$ 13.23		$ 12.00		$ 12.55		$ 0.55

1 Basic Net Asset Value per unit as at March 31, 2011. 2 Fully-Exercised Net Asset Value per unit as at March 31, 2011 (assuming that all warrants are exercised). 3 Warrant Implied Value calculated as the Fully-Exercised NAV per unit less Exercise Price.

Warrants which are not exercised or sold will expire without value on April 15, 2011. Investors should contact their investment advisor to exercise or sell their warrants.

For further information, please contact your investment advisor, call Brompton's investor relations line at 416-642-9051, (toll-free at 1-866-642-6001) or visit our website at www.bromptonfunds.com.

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 press 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.

The securities offered have not been registered under the U.S. Securities Act of 1933, as amended, and may not be offered or sold in the United States absent registration or any applicable exemption from the registration requirements. This press release does not constitute an offer to sell or the solicitation of an offer to buy securities nor will there be any sale of such securities in any state in which such offer, solicitation or sale would be unlawful.