First Asset Mutual Funds

First Asset Mutual Funds
First Asset

First Asset

September 12, 2012 09:31 ET

First Asset Mutual Funds Announce Indicative Quarterly Distributions

TORONTO, ONTARIO--(Marketwire - Sept. 12, 2012) - First Asset Investment Management Inc. announces the targeted quarterly distribution amounts for the four funds list below for the following twelve month period ending September 30, 2013.

Fund Quarterly Distribution
First Asset Global Dividend Fund $0.1375 per unit ($0.55 per unit per annum)
First Asset Canadian Convertible Bond Fund $0.15 per unit ($0.60 per unit per annum)
First Asset REIT Income Fund $0.125 per unit ($0.50 per unit per annum)
First Asset Utility Plus Fund $0.125 per unit ($0.50 per unit per annum)

Other funds in First Asset mutual fund family maintain their monthly distribution rates as follows:

Fund Monthly Distribution
First Asset Canadian Dividend Opportunity Fund $0.05 per unit ($0.60 per unit per annum)
First Asset Canadian Energy Convertible Debenture Fund $0.0583 per unit ($0.70 per unit per annum)
First Asset Canadian Convertible Debenture Fund $0.0625 per unit ($0.75 per unit per annum)

Notwithstanding this announcement, the amount of the distributions may vary from month to month or quarter to quarter, as the case may be, and there can be no assurance that the Fund will make any distributions in any particular month or quarter.

Contact Information

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