First Asset

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

First Asset Yield Opportunity Trust
Preferred Securities Income Fund
TSX : PFS.UN

Preferred Securities Income Fund
Preferred Securities Limited Duration Fund
TSX : PLD.U
TSX : PLD.UN

Preferred Securities Limited Duration Fund
Global 45 Split Corp.
TSX : GFV.PR.A
TSX : GFV

Global 45 Split Corp.
First Asset Equal Weight REIT Income Fund
TSX : RIT.UN

First Asset Equal Weight REIT Income 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
Payout Performers(TM) Income Fund
TSX : PPF.UN

Payout Performers(TM) Income Fund
Split REIT Opportunity Trust
TSX : SOT.UN
TSX : SOT.PR.A

Split REIT Opportunity Trust
Utility Split Trust
TSX : UST.PR.A
TSX : UST.UN

Utility Split Trust

March 21, 2007 08:00 ET

First Asset Funds Inc. Announces March, 2007 Distributions

TORONTO, ONTARIO--(CCNMatthews - March 21, 2007) - First Asset Funds Inc. announces the following confirmed distributions for the month and quarter ending March 31, 2007. In all cases, the distribution will be paid on or before April 13, 2007 to unitholders of record on March 30, 2007.



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Annual- Pre-Tax
Distribution TSX ized Interest
TSX Amount Trading Yield Equivalent
Name Symbol (per unit) Price (a) (b) (c)
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MONTHLY
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First Asset Yield
Opportunity Trust FAY.UN $ 0.1458 $ 24.35 7.19% 8.43%
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Preferred Securities
Income Fund PFS.UN $ 0.12 $ 19.70 7.31% 10.48%
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Preferred Securities
Limited Duration Fund CDN CAD
-- Series A PLD.UN $ 0.1042 $ 20.00 6.25% 8.96%
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Preferred Securities
Limited Duration Fund US USD
-- Series B PLD.U $ 0.0417 $ 8.07 6.20% 8.89%
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Global 45 Split Corp.
-- Class A Shares GFV $ 0.10 $ 13.65 8.79% 12.60%
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First Asset Equal
Weight REIT
Income Fund RIT.UN $ 0.08 $ 13.58 7.07% 8.91%
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First Asset Pipes &
Power Income Fund EWP.UN $ 0.05833 $ 7.44 9.41% 11.04%
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First Asset/BlackRock
North American
Dividend
Achievers™ Trust BDA.UN $ 0.05 $ 9.66 6.21% 8.90%
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Payout Performers™
Income Fund PPF.UN $ 0.05 $ 8.41 7.13% 8.68%
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Split REIT
Opportunity Trust
-- Capital Units SOT.UN $ 0.0875 $ 18.40 5.71% 8.18%
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Utility Split Trust
-- Capital Units UST.UN $ 0.09688 $ 13.40 8.68% 12.43%
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QUARTERLY
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Global 45 Split Corp.
-- Preferred Shares GFV.PR.A $ 0.13125 $ 10.70 4.91% 7.03%
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Split REIT
Opportunity Trust
-- Preferred
Securities SOT.PR.A $ 0.14375 $ 10.55 5.45% 5.45%
---------------------------------------------------------------------------
Utility Split Trust
-- Preferred
Securities UST.PR.A $ 0.15 $ 10.40 5.77% 5.77%
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(a) As at close on March 19, 2007.
(b) Based on trading price as at March 19, 2007.
(c) Estimated - based on Ontario tax rates.

Contact Information

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