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Canoe Financial LP announces a revised plan for proposed mergers

CALGARY, ALBERTA – June 14, 2017Canoe Financial LP (“Canoe” or the “Manager”) has announced that it will not proceed with the planned merger of Canoe Equity Income Class into Canoe Canadian Asset Allocation Class or the merger of Canoe Canadian Monthly Income Class into Canoe North American Monthly Income Class. It will proceed with the other three proposed mergers, subject to receipt of regulatory and securityholder approval.

The Mergers
Details about the mergers will be contained in meeting materials to be mailed to securityholders of record as of July 5, 2017. The table below outlines the proposed funds to be merged into their corresponding continuing funds on or about August 18, 2017.

Terminating Fund Continuing Fund
Canoe Global Balanced Fund Canoe North American Monthly Income Class
EnerVest Natural Resource Fund Ltd. Canoe Energy Class
Canoe Global Opportunities Class Canoe Global Equity Income Class





Approval from securityholders of the Terminating Funds and from securityholders of Canoe Global Equity Income Class will be sought at special meetings to be held on or about August 16, 2017.

About Canoe Financial
Founded in 2008, Canoe Financial is an employee-owned investment management firm focused on building financial wealth for Canadians. Canoe Financial is one of Canada’s fastest-growing independent mutual fund companies and currently manages approximately $4.3 billion in assets across a diversified range of award-winning mutual funds and private energy equity products. Canoe Financial has expanded from its Calgary head office across Canada, including a significant presence in Toronto and offices in Vancouver, Winnipeg, Ottawa and Montreal. To learn more about Canoe Financial and its investment products, visit

Further Information

For further information, please contact:
Investor Relations
Canoe Financial LP


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