Change in Distribution Policy of Guardian Balanced Income Fund and Guardian Private Wealth Equity Fund

TORONTO, ONTARIO--(Marketwired - April 17, 2015) - Guardian Capital LP today announced a change in the distribution policy of each of Guardian Balanced Income Fund and Guardian Private Wealth Equity Fund. Effective immediately, Series W and Series I units of Guardian Balanced Income Fund and Guardian Private Wealth Equity Fund will distribute net income quarterly to unitholders, rather than distributing net income annually. Each Fund will continue to distribute net realized capital gains annually in December.

Guardian Capital LP is the manager and portfolio manager of the Guardian Capital Funds. In addition to the Guardian Capital Funds, Guardian Capital LP manages portfolios for defined benefit and defined contribution pension plans, insurance companies, foundations, endowments and third-party mutual funds. It is part of the Guardian Capital Group, a diversified financial services company founded in 1962. For further information on Guardian Capital LP, please visit www.guardiancapital.com.