Front Street Capital 2004 Assumes Portolio Management Services From ...

Front Street Capital 2004 ("Front Street Capital") today announced it has completed the transfer of portfolio management and investment advisory services for its funds from its affiliate Front Street Investment Management Inc. ("FSIMI"). The change consolidates both investment fund manager and portfolio manager roles under one legal entity and is expected to improve operational efficiencies.

All of the individual portfolio managers will be continuing their existing roles at Front Street Capital following the transfer, and there will be no changes to the individual portfolio managers advising the funds. The affected funds are as follows:

• Front Street Mutual Funds Limited
  1. Front Street MLP and Infrastructure Income Class
  2. Front Street Resource Growth and Income Class
  3. Front Street Balanced Monthly Income Class
  4. Front Street Growth Class
  5. Front Street Special Opportunities Class
  6. Front Street Global Opportunities Class
  7. Front Street Growth and Income Class
  8. Front Street Tactical Equity Class
  9. Front Street U.S. Equity Class
  10. Front Street Money Market Class
  11. Front Street Tactical Bond Class
  12. Front Street MLP Balanced Income Class
  13. Front Street Global Balanced Income Class
• Front Street Growth Fund
• Front Street Tactical Bond Fund
• Front Street Flow-Through 2014-I Limited Partnership
• Front Street Flow-Through 2014-II Limited Partnership
• Front Street U.S. MLP Income Fund Ltd.
• Front Street Hedge Fund
• Front Street Canadian Energy Resource Fund
• Front Street Energy Opportunities Fund Inc.
• Jemekk Long/Short Fund LP
• Jemekk Total Return Fund LP

About Front Street Capital

Privately held and independent, Toronto-based Front Street Capital has been serving Canadian advisors and investors for over a decade. We offer a diverse range of investments, including growth, income and tax-minded portfolios offered as mutual funds, hedge funds, and flow-through limited partnerships. Our independent-thinking and experienced portfolio managers have demonstrated long-term success in assessing global macroeconomic and structural themes driving the markets.

The information contained in this release may include "forward-looking statements", which are generally expressed in the future tense, or using words such as "expect", "anticipate", "believe" or "may", whether or not they are expressly identified as forward-looking statements. Any such statements pertaining to our investment products or services were based on assumptions that we believed to be reasonable at the time, but which may prove to be incorrect. As a result, any forward-looking statements may prove to be incorrect and actual performance or results may differ materially from that predicted in any forward-looking statements.