Citadel SMaRT Fund and Energy Income Fund Merger Exchange Ratio

    




 CRT.UN & ENI.UN 

 TORONTO, March 22, 2012 /CNW/ - Crown Hill Capital Corporation, the  administrative agent of Citadel SMaRT Fund (the "Smart Fund") and the  manager of Energy Income Fund  (the "Continuing Fund")  announced today the exchange ratio in connection with the merger of  Smart Fund with the Continuing Fund (the "Merger"). 

 The effective date of the Merger is March 23, 2012. 

 Unitholders of Smart Fund will receive units of the Continuing Fund  based on the following exchange ratio: 

 For each unit of Smart Fund the unitholder will receive 3.074 units of  the Continuing Fund. 

 Fractional units will not be issued and entitlements will be rounded  down to the nearest whole unit. 

 For unitholders of Smart Fund who have elected to receive the cash  alternative, the per unit redemption price is $17.45. 

 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. 

Citadel SMaRT Fund


CONTACT:  please contact the Investor Relations department at 416.361.9673ortoll-free at 1.877.261.9674. 


    

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