TORONTO, Wednesday, December 30, 2009 – Criterion International Equity Fund (“International Equity”) announces the completion of its merger with Criterion Global Dividend Fund (“Global Dividend”).
As a result of the merger, former unitholders of International Equity received the corresponding class of units of Global Dividend based on an exchange ratio determined by dividing (i) the net asset value per class unit of International Equity as at the close of business on December 29, 2009 by (ii) net asset value per unit of the corresponding class of Global Dividend as at the close of business on December 29, 2009. The following table shows the net asset value per class of both International Equity and Global Dividend as at the close of business on December 29, 2009 and the exchange ratio which reflects the number of units of Global Dividend received per unit of each class of units of International Equity:
|International Equity||Global Dividend||Exchange Ratio|
|Net Asset Value/Unit||Net Asset Value/Unit|
|Class A Units||6.54886||7.68781||0.8515|
|Class B Units||6.57942||7.71061||0.8533|
|Class C Units||6.57477||7.83732||0.8389|
|Class D Units||6.55365||7.93326||0.8261|
|Class F Units||6.84258||8.12332||0.8423|
|Class M Units||7.17862||7.77207||0.9236|
|Class P Units||7.17862||8.07529||0.8890|
For more information, please contact Rohit Mehta, Criterion Investments Inc. at (416) 642-5998 or 1-888-642-5998 or visit www.criterioninvestments.com.