Criterion Investments Limited

Criterion Investments Limited

September 15, 2008 14:14 ET

Criterion Diversified Commodities Fund to Move to Cash

TORONTO, ONTARIO--(Marketwire - Sept. 15, 2008) - Criterion Investments Limited ("Criterion") today announced that the Criterion Diversified Commodities Currency Hedged Fund ("the Fund") has initiated the redemption of its holdings of index-linked notes issued by a subsidiary of American International Group, Inc.

The notes, in which substantially all of the Fund's assets are invested, provide the Fund with returns linked to the performance of an index of 19 commodity futures. While the manager remains confident in the underlying index, this decision has been taken out of caution to protect capital for unitholders and as a result of uncertainty regarding the note issuer.

Once the redemption is completed the Fund's assets will temporarily consist of cash and equivalents. Criterion is looking at other ways to expose the Fund to commodity futures using an index or rules-based approach.

About Criterion

Criterion is committed to creating insightful solutions for everyday Canadian investors. Criterion combines unique investment structures with best-in-class asset managers or strategies typically only available to large institutions and high-net worth individuals. Criterion is an affiliate of VenGrowth Asset Management Inc., one of Canada's premier managers of private equity and alternative investments with a proven track record of success since 1982. For more information, please visit www.vengrowth.com.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus of the Fund before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Units of the Fund are sold through registered dealers.

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