Global Healthcare Income & Growth Fund Announces Distributions

TORONTO, ONTARIO--(Marketwired - Oct. 20, 2015) - Global Healthcare Income & Growth Fund (the "Fund") (TSX:HIG.UN) is pleased to announce its first distribution in the amount of $0.06167 per unit to be paid on November 13, 2015 to unitholders of record at the close of business on October 30, 2015. This distribution covers the period from the closing of the initial public offering on September 24, 2015 to October 30, 2015 and is, therefore, higher than the anticipated normal monthly distribution rate.

The Fund also announces distributions in the amount of $0.05 per unit for record dates in November and December 2015 as follows:

The Fund is pleased to announce that it has initiated a distribution reinvestment plan ("DRIP"). The DRIP provides unitholders with the ability to automatically reinvest distributions and realize the benefits of compound growth. Under the DRIP, if the 10 day weighted average trading price prior to the distribution payment date (the "Trading Price") is higher than the net asset value per unit ("NAV"), such that the Fund is trading at a premium to NAV, unitholders will benefit from reinvesting distributions at a lower value, generally being NAV. If the Trading Price of the units is lower than the NAV, such that the Fund is trading at a discount to NAV, unitholders will generally benefit from reinvesting at below NAV through the acquisition of units in the market. The DRIP provides an attractive reinvestment mechanism in both circumstances when the Fund trades at a premium or a discount to NAV. Contact your investment advisor to enroll in the Fund's DRIP and please visit our website for complete details of the DRIP plan.

About Brompton Funds

Brompton Funds, a division of Brompton Group which was founded in 2000, is an experienced investment fund manager with over $2.0 billion in assets under management. Brompton's investment solutions include TSX listed closed-end funds, mutual funds, hedge funds and flow-through limited partnerships. 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.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the investment fund on the Toronto Stock Exchange or other alternative Canadian trading system (an "exchange"). If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the investment fund and may receive less than the current net asset values when selling them.

There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the Fund. You can find more detailed information about the Fund in the public filings available 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 news 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. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the date hereof and we assume no obligation to update or revise them to reflect new events or circumstances.