Canadian High Income Equity Fund Increases Distribution

Canadian High Income Equity Fund (the "Fund") (TSX:CIQ.UN) is pleased to
announce an increase in its monthly distribution to $0.07 per unit per month for
record dates from July to September 2014. This represents a 7.7% increase in the
Fund's monthly distribution. 




Record Date           Payment Date          
--------------------------------------------
                                            
July 31, 2014         August 15, 2014       
August 29, 2014       September 15, 2014    
September 30, 2014    October 15, 2014      



The Fund has delivered a total return of 19.2% year-to-date and 13.0% per annum
since its inception in 2010 to June 30, 2014 and has outperformed the S&P/TSX
Composite Index over the same periods by 6.3% and 3.6% p.a., respectively. As a
result of this strong performance, the Fund is increasing its distribution from
$0.065 to $0.07 per unit per month. The new distribution level represents an
attractive distribution rate of 6.5% based on the July 2, 2014 closing price of
$12.93. 


The Fund invests in an actively managed portfolio comprised primarily of
Canadian dividend-paying equities and REITs. Bloom Investment Counsel, Inc. has
been the Fund's portfolio manager since its inception and specializes in
investing in high income equities.


Unitholders are reminded that the Fund offers a distribution reinvestment plan
("DRIP") which provides unitholders with the ability to automatically reinvest
distributions and realize the benefits of compound growth of their investment.
Unitholders can enroll in the DRIP program by contacting their investment
advisor.


About Brompton Funds

Brompton Funds, a division of Brompton Group, is an experienced investment fund
manager operating since 2002. Brompton is focused on meeting the needs of
investors by offering low cost, innovative products with client friendly terms
and supported by strong corporate governance. For further information, please
contact your investment advisor, call Brompton's investor relations line at
416-642-9051, (toll-free at 1-866-642-6001) email [e-mail] or
visit our website at www.bromptongroup.com.


Commissions, trailing commissions, management fees and expenses all may be
associated with investment funds. Please read the Fund's publicly filed
documents which are available from SEDAR at www.sedar.com. Investment funds are
not guaranteed, their values change frequently and past performance may not be
repeated.


Certain statements contained in this news release constitute forward-looking
information within the meaning of Canadian securities laws. Forward-looking
information may relate to matters disclosed in this press release and to other
matters identified in public filings relating to the Fund, to the future outlook
of the Fund and anticipated events or results and may include statements
regarding the future financial performance of the Fund. In some cases,
forward-looking information can be identified by terms such as "may", "will",
"should", "expect", "plan", "anticipate", "believe", "intend", "estimate",
"predict", "potential", "continue" or other similar expressions concerning
matters that are not historical facts. Actual results may vary from such
forward-looking information. Investors should not place undue reliance on
forward-looking statements. These forward-looking statements are made as of the
date hereof and we assume no obligation to update or revise them to reflect new
events or circumstances.


FOR FURTHER INFORMATION PLEASE CONTACT: 
Brompton Funds
Investor Relations
416-642-9051, (toll-free at 1-866-642-6001)
[e-mail]
www.bromptongroup.com