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Criterion proposes enhancement to investment strategy of diversified commodities fund

Toronto, December 12, 2007 – Criterion Investments Limited (“Criterion”) announced today that it has called a special meeting of unitholders of the Criterion Diversified Commodities Currency Hedged Fund (the “Trust”) to consider an enhancement to the investment strategy of the Trust. The meeting will be held in Toronto on January 7, 2008.

Index Proposal: With a view to strengthening value for unitholders, Criterion Investments is recommending that the Fund switch its investment in notes linked to the Dow Jones-AIG Commodity Index Total ReturnSM to notes linked to the AIG Basis Select Strategy Total ReturnSM.

The Basis Select Strategy (“BSS”) has been developed recently by AIG Financial Products and is used by some of its institutional clients. Criterion believes that the BSS is a superior approach for investors seeking broad commodities exposure. Investors are encouraged to review the meeting circular, which provides greater background on the BSS. Aside from the change in index, the Fund would continue to have the same investment objectives, the same investment structure and the same fee load.

Future Investment Strategy Change Proposal: The Manager is also recommending a change to the Fund’s Declaration of Trust to give the Manager greater flexibility to make changes to the investment strategy of the Fund. Most mutual fund managers have the ability to make changes to investment strategy without unitholder approval as long as they do not change the Fund’s fundamental investment objectives.

A management information circular describing the proposals in greater detail has been mailed to unitholders and filed on SEDAR. Unitholders of record at the close of business on November 30, 2007 will be entitled to receive notice of and vote at the special meeting. The proposals remain subject to receipt of all necessary regulatory approvals.

About Criterion

Criterion is committed to creating insightful solutions for everyday Canadian investors, leveraging value-added investment features that are typically only available to large institutions and high-net worth individuals. Criterion combines unique investment structures with best-in-class asset managers or strategies to offer investors opportunities for access to exclusive asset classes, enhanced yield, tax efficiency and risk reduction. Criterion is an affiliate of VenGrowth Asset Management Inc., one of Canada's premier managers of private equity and alternative investments with a proven track record of success since 1982.