First Asset

First Asset
First Asset Exchange Traded Funds

First Asset Exchange Traded Funds

November 27, 2013 16:30 ET

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

TORONTO, ONTARIO--(Marketwired - Nov. 27, 2013) -

NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES OF AMERICA.

First Asset Investment Management Inc., today announced the estimated annual capital gains distributions for the First Asset ETFs listed below for the 2013 tax year. These estimates are for the year-end capital gains distributions only, which are typically reinvested rather than paid in cash, and do not include estimates of ongoing monthly or quarterly cash distribution amounts. Please note that these are estimated amounts only as of November 25, 2013, and include forward-looking information which may cause the estimates to change before the First Asset ETFs' December 15, 2013 tax year-end.

We expect to announce the final annual capital gains distribution amounts, as well as the regular monthly and quarterly cash distribution amounts for December, as applicable, for all First Asset ETFs, on or about December 17, 2013. The estimated payment date for the 2013 annual capital gains distributions will be on or about January 6, 2014.

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 Symbol 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 $0.23
QXM.A $0.11
First Asset Morningstar Canada Value Index ETF FXM $0.10
FXM.A $0.41
First Asset Morningstar Canada Momentum Index ETF WXM $0.00
WXM.A $0.00
First Asset Morningstar US Value Index ETF XXM $0.03
XXM.A $0.06
XXM.B $0.10
XXM.D $0.10
First Asset Morningstar US Momentum Index ETF YXM $0.01
YXM.A $0.00
YXM.B $0.09
YXM.D $0.09
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 that could cause the actual distributions to differ materially from those contemplated in this press release. Material factors that could cause the actual distributions to differ from the estimated distributions between now and December 15, 2013 (the First Asset ETFs' tax year ends) include, but are not limited to: subscription and redemption activity with respect to the First Asset ETFs; the actual amounts of distributions received by the First Asset ETFs; the actual amounts of capital gains generated from sales of securities by the First Asset ETFs; and trading activity within the First Asset ETFs, including as a result of applicable index changes which cause rebalancing within the First Asset ETFs.

ABOUT FIRST ASSET:

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.

For further information please visit www.firstasset.com.

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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