First Asset

First Asset
First Asset Yield Opportunity Trust - Series A
TSX : FAY.UN

First Asset Yield Opportunity Trust - Series B
TSX : FAY.U

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

February 20, 2008 08:00 ET

First Asset Funds Inc. Announces February, 2008 Distributions

TORONTO, ONTARIO--(Marketwire - Feb. 20, 2008) - First Asset Funds Inc. announces the following confirmed distributions for the month ending February 29, 2008. In all cases, the distribution will be paid on or before March 14, 2008 to unitholders of record on February 29, 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 Trust
- Series A FAY.UN $0.1458 $18.68 9.37% 13.42%
----------------------------------------------------------------------------
First Asset Yield
Opportunity Trust
- Series B FAY.U USD $0.0440 $5.45 9.69% 13.88%
----------------------------------------------------------------------------
Global 45 Split
Corp. - Class A
Shares GFV $0.10 $13.00 9.23% 13.23%
----------------------------------------------------------------------------
First Asset REIT
Income Fund RIT.UN $0.07 $11.10 7.57% 10.85%
----------------------------------------------------------------------------
First Asset Income
& Growth Fund IGF.UN $0.05833 $8.00 8.75% 11.59%
----------------------------------------------------------------------------
First Asset Pipes
& Power Income
Fund EWP.UN $0.05833 $6.67 10.49% 12.31%
----------------------------------------------------------------------------
First Asset
/BlackRock North
American Dividend
Achievers™
Trust BDA.UN $0.05 $8.16 7.35% 10.54%
----------------------------------------------------------------------------
Split REIT
Opportunity
Trust - Capital
Units SOT.UN $0.0875 $13.38 7.85% 11.25%
----------------------------------------------------------------------------
Utility Split
Trust - Capital
Units UST.UN $0.09688 $10.35 11.23% 16.10%
----------------------------------------------------------------------------
(a) As at close on February 15, 2008.
(b) Based on trading price as at February 15, 2008.
(c) Estimated - based on Ontario tax rates.


Contact Information

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