First Asset

First Asset

October 20, 2005 08:00 ET

First Asset Funds Inc. Announces October, 2005 Distributions

TORONTO, ONTARIO--(CCNMatthews - Oct. 20, 2005) - First Asset Funds Inc. announces the following confirmed distributions for the month ending October 31, 2005. In all cases, the distribution will be paid on or before November 15, 2005 to unitholders of record on October 31, 2005.



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Name TSX Distrib- TSX Annual- Pre-Tax
Symbol ution Trading ized Interest
Amount Price Yield(a) Equiv-
(per unit) (Oct. 18/05) alent(b)
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First Asset
Yield
Opportunity
Trust FAY.UN $0.1458 $23.90 7.32% 10.49%
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Preferred
Securities
Income Fund PFS.UN $0.12 $20.36 7.07% 10.14%
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Preferred
Securities
Limited
Duration
Fund -
Series A PLD.UN $0.1042 $20.76 6.02% 8.63%
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Preferred
Securities
Limited
Duration
Fund -
Series B PLD.U US$0.0417 US$8.21 6.10% 8.73%
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Global 45
Split Corp.
Class A GFV $0.10 $11.40 10.53% 15.09%
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First Asset
Equal Weight
REIT Income
Fund RIT.UN $0.0625 $9.69 7.74% 9.75%
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First Asset
Equal Weight
Pipes & Power
Income Fund EWP.UN $0.05833 $7.76 9.02% 10.58%
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First Asset
Equal Weight
Small-Cap
Income Fund FAS.UN $0.06708 $7.15 11.26% 12.72%
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(a) Based on trading price as at Oct. 18, 2005
(b) Estimated. Based on Ontario tax rates


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