TORONTO, Sept. 29, 2016 /CNW/ - Aston Hill Capital Markets Inc. (the "Manager"), manager of Voya Global Income Solutions Fund (the "Fund"), announced today that the Fund will be terminated on or about November 30, 2016 (the "Termination Date").

On or about the Termination Date, the Fund will distribute to unitholders their pro rata portions of the remaining assets of the Fund attributable to each class of units. Payment is expected to be made as soon as practicable following the Termination Date. Unitholders need not take any action to receive the payment.

The decision was made to terminate the Fund by the Manager in accordance with the Fund's declaration of trust. On or about November 30, 2016, it was intended that the Fund would be merged into an open-end mutual fund managed by the Manager that has substantially similar investment objectives, or convert to an open-end mutual fund to be managed by the Manager, in each case, subject to applicable law, which may require unitholder or regulatory approval.  At present, the Manager does not have an open-end mutual fund with substantially similar investment objectives to effect a merger, and, in the opinion of the Manager and Voya Investment Management Co. LLC, the sub-advisor to the Fund, if the Fund were to convert to an open-end mutual fund it would not have sufficient assets to create a well-diversified portfolio on a cost-effective basis. 

Class A Units of the Fund are listed on the Toronto Stock Exchange under the symbol VGI.UN.

Aston Hill Capital Markets Inc. is a leading Canadian structured financial products investment firm focused on creating and managing high quality investment vehicles. The Manager is a subsidiary of Aston Hill Financial Inc. (TSX: AHF). Aston Hill Financial Inc. is a diversified asset management company with a suite of retail mutual funds, closed end funds, hedge funds and segregated institutional funds. Aston Hill Financial is headquartered in Toronto.

SOURCE Aston Hill Asset Management Inc.