Front Street Resource Growth and Income Class

Front Street Resource Growth and Income Class

December 23, 2014 16:59 ET

Front Street Capital Announces Year-End Capital Gains Distributions for Front Street Resource Growth and Income Class

TORONTO, ONTARIO--(Marketwired - Dec. 23, 2014) -

NOT FOR DISTRIBUTION IN THE UNITED STATES OR OVER U.S. WIRE SERVICES.

Front Street Capital announced estimated year-end capital gains distributions for the Front Street Resource Growth and Income Class (the Fund), a class of shares and a separate mutual fund of Front Street Mutual Funds Limited, for the 2014 tax year. Please note that these are estimated amounts only as of December 23, 2014 and could change if the Fund experiences subscriptions or redemptions prior to the record date.

These amounts are for the year-end capital gains distributions only, which will be re-invested in shares of the Fund, other than for those shareholders who have previously completed a written request to receive distributions in cash. This distribution also includes the Fund's monthly distribution for December in the amount of $0.023 per share.

Front Street Capital expects to announce the final year-end distribution amounts on or about December 30, 2014. The record date for the 2014 year-end distributions will be December 24, 2014, payable on December 29, 2014.


Front Street Resource
Growth and Income
Fund Series
Net asset value (NAV)
per unit as at
December 22, 2014
($)
Estimated
year-end capital
gain per unit as at
December 23, 2014
($)
Series A $4.7336 $1.3888
Series B $4.4590 $1.7645
Series F $4.5544 $1.7594
Series L $5.1867 $1.9446
Series X $4.8159 $1.5452

Forward-looking information

This notice contains forward-looking statements with respect to the estimated December 2014 capital gains distributions for the Fund. By their nature, these forward-looking statements involve risks and uncertainties that could cause the actual distributions to differ materially from those contemplated by the forward-looking statements. Material factors that could cause the actual distributions to differ from the estimated distributions include, but are not limited to, the actual amounts of distributions received by the Fund and by the other mutual funds forming part of Front Street Mutual Funds Limited, portfolio transactions, currency hedging transactions, and subscription and redemption activity.

About Front Street Capital

Front Street Capital has been providing Canadians with innovative mutual funds for over 10 years, including growth, income and tax-minded portfolios offered as mutual funds, hedge funds, flow-through limited partnerships and trusts. Front Street Capital is focused on giving Canadian investors and advisors access to a broad range of investments which can fill core and strategic roles in an investor's portfolio.

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