EnerVest Diversified Income Trust

EnerVest Diversified Income Trust

November 15, 2010 09:00 ET

Haber Assumes Portfolio Manager Duties for EnerVest Diversified Income Trust

CALGARY, ALBERTA--(Marketwire - Nov. 15, 2010) -


Further to the announcement made on October 27, 2010, Mr. Robert Haber, CFA has now assumed the portfolio management responsibilities for the EnerVest Diversified Income Trust (TSX:EIT.UN) ('EnerVest' or the 'Fund'), effective immediately. The investment objectives of the Fund will remain unchanged. The new team will continue to provide investors with a diversified portfolio of income-generating and capital growth securities, designed to maximize distributions and net asset value.

About Bob Haber

Bob Haber is the Chief Executive Officer and Chief Investment Officer of Haber Trilix Advisors, LP, and effective immediately, is now the subadvisor to RiverStream Asset Management Ltd., a registered portfolio manager and an affiliate of the manager of the Fund. Haber Trilix is registered with the US Securities Exchange Commission as an investment advisor.

About EnerVest

EnerVest Diversified Investment Trust is one of Canada's largest, most liquid, diversified closed-end investment funds. The Fund is listed on the TSX under the symbol EIT.UN and is an actively managed, diversified portfolio of income-generating and capital growth oriented securities listed on the TSX and is designed to maximize distributions and net asset value for the benefit of its Unitholders.

About Canoe Financial

Canoe Financial LP is a privately owned investment management firm which together with its subsidiary Enervest Diversified Management Inc. (together referred to as "Canoe") has over $1.6 billion in assets under management and a solid performance track record. Canoe is focused on helping Canadian investors and advisors meet their financial goals. Canoe , through its subsidiaries, provides investors with well managed, diversified, tax effective investment products through the EnerVest family of funds. Canoe also specializes in energy and resource investments.

Certain statements included in this news release constitute forward-looking statements. The forward-looking statements are not historical facts but reflect Canoe's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Canoe believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. Canoe undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

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