First Asset

First Asset

March 22, 2006 08:00 ET

First Asset Funds Inc. Announces March, 2006 Distributions

TORONTO, ONTARIO--(CCNMatthews - March 22, 2006) - First Asset Funds Inc. announces the following confirmed distributions for the month and quarter ending March 31, 2006. In all cases, the distribution will be paid on or before April 13, 2006 to unitholders of record on March 31, 2006.



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Name TSX Distri- TSX Annual- Pre-Tax
Symbol bution Trading ized Interest
Amount Price Yield Equiv-
(per (March (a) alent
unit) 20/06) (b)
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MONTHLY
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First Asset Yield
Opportunity Trust FAY.UN $0.1458 $22.72 7.70% 9.03%
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Preferred Securities
Income Fund PFS.UN $0.12 $20.20 7.13% 10.22%
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Preferred Securities
Limited Duration
Fund - Series A PLD.UN $0.1042 $20.21 6.19% 8.87%
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Preferred Securities
Limited Duration US US
Fund - Series B PLD.U $0.0417 $8.25 6.07% 8.69%
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Global 45 Split Corp.
Class A GFV $0.10 $11.86 10.12% 14.50%
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First Asset Equal
Weight REIT
Income Fund RIT.UN $0.0625 $11.50 6.52% 8.22%
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First Asset Equal Weight
Pipes & Power
Income Fund EWP.UN $0.05833 $8.90 7.86% 9.23%
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First Asset Equal Weight
Small-Cap Income Fund FAS.UN $0.06042 $8.08 8.97% 11.31%
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First Asset/BlackRock
North American Dividend
Achievers™ Trust BDA.UN $0.05 $9.11 6.59% 9.44%
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Payout Performers™
Income Fund (C) PPF.UN $0.0725 $9.65 6.01% 6.76%
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QUARTERLY
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Global Split 45 Corp.
Preferred Shares GFV.PR.A $013125 $11.13 4.72% 6.76%
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(a) Based on trading price as at March 20, 2006 (b) Estimated.
Based on Ontario tax rates
(c) Reflects a partial period from February 16 to March 31, 2006.


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