EnerVest Diversified Income Trust Announces July 2013 Distribution

CALGARY, ALBERTA--(Marketwired - July 16, 2013) -

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

EnerVest Diversified Income Trust ("EnerVest" or the "Fund") (TSX:EIT.UN) announces the July 2013 distribution of $0.10 per unit. The distribution will be paid on August 15, 2013 to unitholders of record on July 31, 2013. The ex-distribution date for this payment is July 29, 2013.

W. Brett Wilson has been appointed Chairman of Canoe 'GO CANADA!' Fund Corp., Canoe's mutual fund provider, in order to better reflect his continuing role with Canoe. Accordingly, he no longer holds the position of Chairman, Canoe Financial LP.

About the Distribution

The Fund's objective is to maximize monthly distributions relative to risk and maximize net asset value, while maintaining and expanding a diversified investment portfolio.

About the Fund

The Fund is one of Canada's largest, diversified closed-end investment funds and is listed on the TSX under the symbol EIT.UN. The Fund is actively managed and invests in a diversified portfolio of income-generating and capital growth-oriented securities listed primarily on the TSX. The Fund is designed to maximize distributions and net asset value for the benefit of its unitholders. The Fund is currently sub-advised by Bob Haber of Haber Trilix Advisors. On June 10, 2013, the Fund announced that on or by September 1, 2013, Mr. Robert Taylor, Senior Vice President and Portfolio Manager of Canoe Financial, will assume portfolio management responsibilities for the Fund from Haber Trilix Advisors. Mr. Taylor is an award-winning portfolio manager and was directly responsible for managing more than $4 billion in assets in his previous position as Vice President and Portfolio Manager, Canadian Equities at BMO Global Asset Management.

About Canoe Financial LP

Canoe Financial is an investment management firm focused on building financial wealth for Canadians through investing in Canada. Its 'GO CANADA!' investment thesis reflects Canoe's strategic confidence in Canada as a place to invest. With continued global urbanization, increasing worldwide demand for resources, and Canada's sound fiscal structure, Canoe believes this country provides long-term growth potential for investors.

Canoe is one of Canada's fastest-growing mutual fund companies and as at June 30, 2013, manages approximately $1.7 billion in assets through its investment products. To learn more about Canoe Financial, visit www.canoefinancial.com.

Bob Haber is the Chief Executive Officer and Chief Investment Officer of Haber Trilix Advisors, LP, located in Boston, MA, U.S.A., who is a sub-advisor to Canoe Financial LP. Canoe is the registered Portfolio Manager and Manager of the Fund.

Forward Looking Statement: Certain statements included in this news release constitute forward looking statements which reflect Canoe Financial's current expectations regarding future results or events. Words such as "may," "will," "should," "could," "anticipate," "believe," "expect," "intend," "plan," "potential," "continue" and similar expressions have been used to identify these forward-looking statements. Forward-looking statements involve significant risks and uncertainties and a number of factors could cause actual results to materially differ from expectations discussed in the forward looking statements including, but not limited to, changes in general economic and market conditions and other risk factors. Although the forward-looking statements are based on what Canoe Financial believes to be reasonable assumptions, we cannot assure that actual results will be consistent with these forward-looking statements. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the current date and we assume no obligation to update or revise them to reflect new events or circumstances.

This communication 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 and should be read carefully before making any investment. This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.