First Asset Canadian Dividend Opportunity Fund

First Asset Canadian Dividend Opportunity Fund
First Asset

First Asset

April 20, 2012 09:00 ET

First Asset Canadian Dividend Opportunity Fund: Press Release

TORONTO, ONTARIO--(Marketwire - April 20, 2012) - First Asset Canadian Dividend Opportunity Fund (the "Fund") announces that it has completed its previously announced conversion to an open-end mutual fund.

The Fund's investment objectives are the same as those prior to the conversion, in particular, to provide unitholders with (i) monthly distributions; and (ii) the opportunity for capital appreciation, by investing in an actively managed portfolio comprised primarily of high-quality dividend paying Canadian equity securities of Canadian utility issuers, pipeline issuers and telecommunications issuers and select higher yielding equity securities.

The Fund is now also offering Class A and Class F units for sale with four different sales charge options as set out in the following table:

Class Sales Charge Option Fund Code
Class A Initial Sales Charge CRT 6103
Class A Low Load CRT 6101
Class A Deferred Sales Charge CRT 6100
Class F Fee-Based Account CRT 6105

More information about the Fund is set out in its simplified prospectus which is available on SEDAR at www.sedar.com and on the Manager's website at www.firstasset.com.

Commissions, trailing commissions, management fees and expenses all may be associated with this investment. Please read the prospectus before investing. This fund is not guaranteed, its value changes frequently and past performance may not be repeated.

Contact Information

  • First Asset
    Rob MacNiven
    Investor Relations
    416-642-1289 or 1-877-642-1289
    www.firstasset.com