First Asset

First Asset
First Asset Yield Opportunity Trust
TSX : FAY.UN
TSX : FAY.U

First Asset Yield Opportunity Trust
Global 45 Split Corp. - Class A Shares
TSX : GFV

Global 45 Split Corp. - Class A Shares
First Asset REIT Income Fund
TSX : RIT.UN

First Asset REIT Income Fund
First Asset Income & Growth Fund
TSX : IGF.UN

First Asset Income & Growth Fund
First Asset Pipes & Power Income Fund
TSX : EWP.UN

First Asset Pipes & Power Income Fund
First Asset/BlackRock North American Dividend Achievers(TM) Trust
TSX : BDA.UN

First Asset/BlackRock North American Dividend Achievers(TM) Trust
Split REIT Opportunity Trust - Capital Units
TSX : SOT.UN

Split REIT Opportunity Trust - Capital Units
Utility Split Trust - Capital Units
TSX : UST.UN

Utility Split Trust - Capital Units

April 21, 2008 08:00 ET

First Asset Funds Inc. Announces April, 2008 Distributions

TORONTO, ONTARIO--(Marketwire - April 21, 2008) - First Asset Funds Inc. announces the following confirmed distributions for the month ending April 30, 2008. In all cases, the distribution will be paid on or before May 15, 2008 to unitholders of record on April 30, 2008.



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Name TSX Distribution TSX Annualized Pre-Tax
Symbol Amount Trading Yield(b) Interest
(per unit) Price(a) Equivalent(c)
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First Asset Yield
Opportunity FAY.UN $0.1458 $19.21 9.11% 13.05%
Trust - Series A
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First Asset Yield
Opportunity FAY.U USD $5.70 9.26% 13.28%
Trust - Series B $0.0440
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Global 45 Split
Corp. - Class GFV $0.10 $12.20 9.84% 14.10%
A Shares
---------------------------------------------------------------------------
First Asset REIT
Income Fund RIT.UN $0.07 $10.71 7.84% 10.90%
---------------------------------------------------------------------------
First Asset
Income & Growth IGF.UN $0.05833 $8.43 8.30% 11.18%
Fund
---------------------------------------------------------------------------
First Asset Pipes
& Power EWP.UN $0.05833 $6.90 10.14% 12.78%
Income Fund
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First Asset/
BlackRock North
American BDA.UN $0.05 $7.59 7.91% 11.33%
Dividend
Achievers™
Trust
---------------------------------------------------------------------------
Split REIT
Opportunity SOT.UN $0.0875 $13.26 7.92% 11.35%
Trust - Capital
Units
---------------------------------------------------------------------------
Utility Split
Trust - Capital UST.UN $0.09688 $10.73 10.83% 14.59%
Units
---------------------------------------------------------------------------
(a) As at close on April 17, 2008. (b) Based on trading price as at
April 17, 2008.
(c) Estimated - based on Ontario tax rates.


Contact Information

  • First Asset Funds Inc.
    Rob MacNiven
    Investor Relations
    (416) 642-1289 or 1-877-642-1289
    Website: www.firstasset.com