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Robert Taylor to Assume Portfolio Manager Duties for Canoe Financial

CALGARY, ALBERTA – July 24, 2013 – Canoe Financial LP, manager of the EnerVest Diversified Income Trust (EIT.UN) and the Canoe Mutual Funds, announces that Mr. Robert Taylor, CA, CFA, Senior Vice President and Portfolio Manager with Canoe Financial, will assume portfolio management responsibilities for the EnerVest Diversified Income Trust (EIT.UN), Canoe Canadian Monthly Income Class, Canoe Canadian Asset Allocation Class, Canoe Canadian Equity Class and Canoe Capital Appreciation Class, effective July 29, 2013. The investment objectives and investment strategies of these funds remain unchanged.

Mr. Taylor is an award-winning portfolio manager and was directly responsible for managing more than $4 billion in assets in his previous position as Vice President and Portfolio Manager, Canadian Equities at BMO Global Asset Management.  In the last decade, Mr. Taylor managed the following mandates:  BMO Asset Allocation Fund, BMO Equity Fund, Educators Growth Fund, BMO Resource Fund and BMO Global Energy Fund.  Mr. Taylor was also an integral member of the asset mix committee responsible for asset allocation decisions with respect to institutional and retail mandates.

About the EnerVest Diversified Income Trust
The Fund is one of Canada's largest, diversified closed-end investment funds and is listed on the TSX under the symbol EIT.UN.  The Fund is actively managed and invests in a diversified portfolio of income-generating and capital growth-oriented securities listed primarily on the TSX.  The Fund is designed to maximize distributions and net asset value for the benefit of its unitholders.  Canoe Financial is the Portfolio Manager and Manager of the Fund.

About Canoe Financial LP
Canoe Financial is an investment management firm focused on building financial wealth for Canadians through investing in Canada. Its ‘GO CANADA!’ investment thesis reflects Canoe’s strategic confidence in Canada as a place to invest. With continued global urbanization, increasing worldwide demand for resources, and Canada’s sound fiscal structure, Canoe believes this country provides long-term growth potential for investors. 

Canoe is one of Canada’s fastest-growing mutual fund companies and as at June 30, 2013, manages approximately $1.7 billion in assets through its investment products. To learn more about Canoe Financial, visit

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

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Forward Looking Statement: Certain statements included in this news release constitute forward looking statements which reflect Canoe Financial’s current expectations regarding future results or events. Words such as “may,” “will,” “should,” “could,” “anticipate,” “believe,” “expect,” “intend,” “plan,” “potential,” “continue” and similar expressions have been used to identify these forward-looking statements. Forward-looking statements involve significant risks and uncertainties and a number of factors could cause actual results to materially differ from expectations discussed in the forward looking statements including, but not limited to, changes in general economic and market conditions and other risk factors. Although the forward-looking statements are based on what Canoe Financial believes to be reasonable assumptions, we cannot assure that actual results will be consistent with these forward-looking statements. Investors should not place undue reliance on forward-looking statements. These forward-looking statements are made as of the current date and we assume no obligation to update or revise them to reflect new events or circumstances.

This communication is not to be construed as a public offering to sell, or a solicitation of an offer to buy securities.  Such an offer can only be made by way of a prospectus or other applicable offering document and should be read carefully before making any investment.   This release is for information purposes only. Investors should consult their Investment Advisor for details and risk factors regarding specific strategies and various investment products.