Canoe Mutual Funds Honoured With Awards for Outstanding Performance

CALGARY, ALBERTA--(Marketwired - July 28, 2015) - Canoe Financial LP ("Canoe") today announced that several of its mutual funds have been recognized by Fundata Canada Inc. with FundGrade A ratings, signifying superior risk- adjusted returns as well as consistent top performance as of June 30, 2015.

The following Canoe mutual funds achieved Fundata's prestigious A rating:

"We are honoured that our mutual funds have been recognized for their outstanding performance," said Darcy Hulston, president and chief executive officer of Canoe Financial. "Since the inception of Canoe, our focus has been to deliver strong absolute returns in all of our investment strategies for unitholders through our consistent, disciplined investment process. These awards are further validation of our team's efforts and ongoing commitment to providing innovative solutions to help investors achieve their financial goals."

Fundata Canada Inc. is a leading data provider on Canadian investment funds. Fundata's FundGrade is an independent and objective investment fund rating system that has been developed to recognize Fund Managers who have achieved superior risk-adjusted returns. The FundGrade rating system assigns a letter grade to approximately 20,000 investment funds, providing a quick and easy tool to identify the top performing funds. For more information on Fundata Grade A ratings, please visit http://fundata.com/ProductsServices/FundGrade.aspx.

About Canoe Financial LP

Founded in 2008, Canoe Financial LP is an investment management firm focused on building financial wealth for Canadians. Canoe is Canada's fastest-growing independent mutual fund company and manages approximately $2.8 billion in assets across a diversified range of award-winning mutual funds, flow-through limited partnerships and private energy equity products. Canoe has expanded from its Calgary head office to across Canada, including a significant presence in Toronto and offices in Vancouver, Winnipeg and Ottawa. To learn more about Canoe Financial and its investment products, visit www.canoefinancial.com.

Important information regarding the Funds, including conditions of purchase, investment strategy, distribution policy, management fees, and expenses, are set out in the Funds' Simplified Prospectus and Annual Information Form which are available on Canoe Financial's website at www.canoefinancial.com or SEDAR at www.sedar.com. Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed and their values change frequently. These funds are new and there is no history of performance associated with these Funds. This communication is for information purposes only and is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities. Such an offer can only be made by way of a prospectus or other applicable offering document which should be read carefully before making any investment. Investors should consult their Investment Advisor for complete details and risk factors on specific strategies and various investment products.

This communication may contain forward-looking statements which involve known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated, and should not be unduly relied upon. Canoe Financial does not undertake any obligation to publicly update or revise any forward- looking statements. Market conditions may change and Canoe Financial accepts no responsibility for individual investment decisions arising from the use or reliance on the information contained herein.