Marquest Asset Management Inc. Announces Meeting Results and Adjournment

TORONTO, ONTARIO--(Marketwired - July 7, 2014) -

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Marquest Asset Management Inc. ("Marquest"), the manager of the funds indicated below, is pleased to announce the results of the special meetings of securityholders of these funds held in connection with the previously announced reorganization of certain of the mutual funds making up the Marquest Group of Funds.

Of the votes cast at the meetings, unitholders approved the following:

1. with respect to the Marquest International Balanced Fund, unitholders approved the merger into the Marquest Tax Deferred Income Fund;

2. with respect to the Marquest International Income Balanced Fund, Class T8 unitholders approved the merger into the Marquest Tax Deferred Income Fund; and

3. with respect to the Marquest Tax Deferred Income Fund, unitholders approved the change to the fund's investment objective.

As the relevant quorum requirement was not met, the meetings of the following funds have been adjourned to July 14, 2014 at 10:00 a.m.: (i) the Marquest Canadian Balanced Fund (Corporate Class), (ii) the Marquest Dow Jones Canada High Dividend 50 Fund (Corporate Class), (iii) the Marquest S&P/TSX Canadian Dividend Aristocrats Fund (Corporate Class), (iv) the Marquest American Dividend Growth Fund (Corporate Class), (v) the Marquest Covered Call Canadian Banks Plus Fund (Corporate Class), (vi) the Marquest American Dividend Growth Fund (Corporate Class) (Series T8 shareholders) or (vii) the Marquest Monthly Pay Fund (Corporate Class) (Series T8 and Series T-F8 shareholders) (collectively, the "Corporate Funds") and (x) the Marquest International Income Balanced Fund, (y) the Marquest Monthly Pay Fund (Class T8 unitholders) or (z) the Marquest Tax Deferred Income Fund (Class T8 unitholders) (collectively, the "Trust Funds").

The adjourned meetings will be held at the offices of Wildeboer Dellelce LLP, 365 Bay Street, Suite 800, Toronto, Ontario.

About Marquest

Marquest provides diversified asset and wealth management for both individuals and institutional investors.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.