First Asset

First Asset
First Asset Exchange Traded Funds

First Asset Exchange Traded Funds

December 17, 2013 17:05 ET

Announces Revised Estimated 2013 Annual Capital Gains Distributions For First Asset ETFs

TORONTO, ONTARIO--(Marketwired - Dec. 17, 2013) -


Further to its announcement on November 27, 2013, First Asset Investment Management Inc., today announces revised estimated annual capital gains distributions for the First Asset ETFs listed below for the 2013 tax year. These amounts are for the year-end capital gains distributions only and do not include the ongoing monthly or quarterly cash distribution amounts which were reported today in a separate press release. The annual capital gains distributions will not be paid in cash, but will be reinvested and the resulting units immediately consolidated so that the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their investment. In all cases, the distribution will be paid on or before January 6, 2014, to unitholders of record on December 30, 2013. The ex-dividend date in each case is December 24, 2013.

The actual taxable amounts of all distributions (cash and reinvested) for 2013, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2014.

Fund Name TSX Trading
Estimated Annual Capital Gain Distribution per Fund Unit as at November 25, 2013
First Asset Can-60 Covered Call ETF LXF $0.00
LXF.A $0.00
First Asset Can-Energy Covered Call ETF OXF $0.00
OXF.A $0.00
First Asset Can-Financials Covered Call ETF FXF $0.00
FXF.A $0.00
First Asset Can-Materials Covered Call ETF MXF $0.00
MXF.A $0.00
First Asset Canadian Convertible Bond ETF CXF $0.00
CXF.A $0.00
First Asset Tech Giants Covered Call ETF TXF $0.00
TXF.A $0.00
First Asset Morningstar Canada Dividend Target 30 Index ETF DXM $0.00
DXM.A $0.00
First Asset Morningstar US Dividend Target 50 Index ETF UXM $0.00
UXM.A $0.00
UXM.B $0.00
UXM.D $0.00
First Asset Morningstar National Bank Québec Index ETF QXM $0.22
QXM.A $0.09
First Asset Morningstar Canada Value Index ETF FXM $0.06
FXM.A $0.31
First Asset Morningstar Canada Momentum Index ETF WXM $0.00
WXM.A $0.00
First Asset Morningstar US Value Index ETF XXM $0.00
XXM.A $0.00
XXM.B $0.00
XXM.D $0.00
First Asset Morningstar US Momentum Index ETF YXM $0.00
YXM.A $0.00
YXM.B $0.00
YXM.D $0.00
First Asset Morningstar Emerging Markets Composite Bond Index ETF EXM $0.00
EXM.A $0.00
First Asset DEX Government Bond Barbell Index ETF GXF $0.00
GXF.A $0.00
First Asset DEX Corporate Bond Barbell Index ETF KXF $0.00
KXF.A $0.00
First Asset DEX All Canada Bond Barbell Index ETF AXF $0.00
AXF.A $0.00
First Asset DEX Provincial Bond Index ETF PXF $0.00
PXF.A $0.00
First Asset DEX 1-5 Year Laddered Government Strip Bond Index ETF BXF $0.00
BXF.A $0.00

Forward-looking information

This press release contains forward-looking statements with respect to the estimated annual capital gains distributions for the First Asset ETFs. By their nature, these forward-looking statements involve certain risks and uncertainties, primarily subscription and redemption activity with respect to the First Asset ETFs, that could cause the actual distributions to differ materially from those contemplated in this press release.


First Asset is an independent Canadian investment management company focused on delivering superior risk-adjusted investment returns to Canadian investors and their investment advisors. First Asset Exchange Traded Funds offer unique investment solutions on a low cost, transparent basis. Founded in1996, First Asset is a leading manager of ETFs, mutual funds, and closed end funds in Canada.

This communication is intended for informational purposes only. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds. Please read the prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated.

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