Flaherty & Crumrine Investment Grade Fixed Income Fund Declares Distributions and Provides Investment Update

TORONTO, ONTARIO--(Marketwired - Oct. 17, 2013) -

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

(TSX:FFI.UN) Flaherty & Crumrine Investment Grade Fixed Income Fund (the "Fund") announces distributions in the amount of $0.08 per unit per month for record dates from October to December 2013.

Record Date		Payment Date
October 31, 2013		November 14, 2013
November 29, 2013		December 13, 2013
December 31, 2013		January 15, 2014

Investors and investment advisors are also invited to listen to Don Crumrine and Chad Conwell of Flaherty & Crumrine Incorporated, the portfolio manager, provide an update on US fiscal and monetary policy, interest rates and the preferred securities market. A link to the replay of the investment update call, recorded October 15, 2013, has been posted to the Brompton Funds website at www.bromptongroup.com/funds/fund/ffi/overview.

Unitholders are reminded that the Fund offers a distribution reinvestment plan ("DRIP") which provides unitholders with the ability to automatically reinvest their distributions and realize the benefits of compound growth of their investment. Unitholders can enroll in the DRIP program by contacting their investment advisor.

About Brompton Funds

Brompton Funds, a division of Brompton Group, is an experienced investment fund manager operating since 2002. 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 investment advisor, call Brompton's investor relations line at 416-642-6000 / toll-free at 1-866-642-6001/ email info@bromptongroup.com or visit our website at www.bromptongroup.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.