Confirmed 2015 Annual Special Distributions for First Asset ETFs
/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES OF AMERICA/
TORONTO, Dec. 30, 2015 /CNW/ - First Asset Investment Management Inc. ("First Asset") announces the confirmed amounts of the annual special year-end distributions (the "Special Distributions") for the 2015 tax year for its First Asset exchange traded funds ("First Asset ETFs"), as set out in the table below.
Each of the First Asset ETFs is required to distribute any net income and capital gains that it has earned in the year. The Special Distributions will generally consist of capital gains and/or any excess net income at year end. The Special Distributions will not be paid in cash, but will be reinvested and the resulting units immediately consolidated so that the number of units held by each investor will not change. Investors holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their investment. In all cases, the Special Distributions will be paid to unitholders of record on December 30, 2015. The ex-dividend date in each case is December 24, 2015.
| Fund Name |
TSX Trading Symbol |
Confirmed Special Distributions per Fund Unit as at December 30, 2015 |
| First Asset Morningstar National Bank Québec Index ETF
|
QXM |
$0.9447 |
| QXM.A |
$0.9629 |
|
| First Asset Morningstar Canada Momentum Index ETF
|
WXM |
$0.0958 |
| WXM.A |
$0.1304 |
|
| First Asset Morningstar US Value Index ETF
|
XXM |
$0.2928 |
| XXM.A |
$0.2898 |
|
| XXM.B |
$0.2413 |
|
| XXM.D |
$0.4093 |
|
| First Asset Morningstar US Dividend Target 50 Index ETF
|
UXM |
$0.0264 |
| UXM.A |
$0.0090 |
|
| UXM.B |
$0.0000 |
|
| UXM.D |
$0.0000 |
|
| First Asset MSCI World Low Risk Weighted ETF
|
RWW |
$0.0531 |
| RWW.A |
$0.0500 |
|
| RWW.B |
$0.1100 |
|
| RWW.D |
$0.1100 |
|
| First Asset Canadian REIT ETF
|
RIT |
$0.5529 |
| RIT.A |
$0.1900 |
|
| First Asset Can-Energy Covered Call ETF |
OXF |
$0.00 |
| OXF.A |
$0.00 |
|
| First Asset Can-Materials Covered Call ETF |
MXF |
$0.00 |
| MXF.A |
$0.00 |
|
| First Asset Canadian Convertible Bond ETF |
CXF |
$0.00 |
| CXF.A |
$0.00 |
|
| First Asset Tech Giants Covered Call ETF |
TXF |
$0.00 |
| TXF.A |
$0.00 |
|
| First Asset Energy Giants Covered Call ETF |
NXF |
$0.00 |
| NXF.A |
$0.00 |
|
| NXF.B |
$0.00 |
|
| NXF.D |
$0.00 |
|
| First Asset Morningstar Canada Dividend Target 30 Index ETF
|
DXM |
$0.00 |
| DXM.A |
$0.00 |
|
| First Asset Morningstar Canada Value Index ETF
|
FXM |
$0.00 |
| FXM.A |
$0.00 |
|
| First Asset Morningstar US Momentum Index ETF
|
YXM |
$0.00 |
| YXM.A |
$0.00 |
|
| YXM.B |
$0.00 |
|
| YXM.D |
$0.00 |
|
| First Asset Morningstar International Value Index ETF
|
VXM |
$0.00 |
| VXM.A |
$0.00 |
|
| VXM.B |
$0.00 |
|
| VXM.D |
$0.00 |
|
| First Asset Morningstar International Momentum Index ETF
|
ZXM |
$0.00 |
| ZXM.A |
$0.00 |
|
| ZXM.B |
$0.00 |
|
| ZXM.D |
$0.00 |
|
| First Asset Provincial Bond Index ETF
|
PXF |
$0.00 |
| PXF.A |
$0.00 |
|
| First Asset 1-5 Year Laddered Government Strip Bond Index ETF
|
BXF |
$0.00 |
| BXF.A |
$0.00 |
|
| First Asset MSCI Canada Low Risk Weighted ETF
|
RWC |
$0.00 |
| RWC.A |
$0.00 |
|
| First Asset MSCI USA Low Risk Weighted ETF
|
RWU |
$0.00 |
| RWU.A |
$0.00 |
|
| RWU.B |
$0.00 |
|
| RWU.D |
$0.00 |
|
| First Asset MSCI Europe Low Risk Weighted ETF
|
RWE |
$0.00 |
| RWE.A |
$0.00 |
|
| RWE.B |
$0.00 |
|
| RWE.D |
$0.00 |
|
| First Asset Hamilton Capital European Bank ETF
|
FHB |
$0.00 |
| FHB.A |
$0.00 |
|
| First Asset Active Canadian Dividend ETF
|
FDV |
$0.00 |
| FDV.A |
$0.00 |
|
| First Asset U.S. & Canada Lifeco Income ETF
|
FLI |
$0.00 |
| FLI.A |
$0.00 |
|
| First Asset Active Utility & Infrastructure ETF
|
FAI |
$0.00 |
| FAI.A |
$0.00 |
|
| First Asset Active Credit ETF
|
FAO |
$0.00 |
| FAO.A |
$0.00 |
|
| FAO.U |
$0.00 |
|
| FAO.V |
$0.00 |
|
| First Asset Core Canadian Equity ETF
|
CED |
$0.00 |
| CED.A |
$0.00 |
|
| First Asset Core U.S. Equity ETF
|
CES |
$0.00 |
| CES.A |
$0.00 |
|
| CES.B |
$0.00 |
|
| CES.D |
$0.00 |
|
| CES.U |
$0.00 |
|
| CES.V |
$0.00 |
|
| First Asset Core Balanced ETF
|
CBB |
$0.00 |
| CBB.A |
$0.00 |
|
| First Asset CanBanc Income ETF
|
CIC |
$0.00 |
| CIC.A |
$0.00 |
|
| First Asset Core Canadian Equity Income ETF
|
CSY |
$0.00 |
| CSY.A |
$0.00 |
These confirmed amounts are for the Special Distributions only and do not include the ongoing regular monthly or quarterly cash distribution amounts which were announced on December 17, 2015, in a separate press release. These confirmed Special Distribution amounts replace the previous estimates announced on December 8, 2015.
The actual taxable amounts of all distributions (cash and reinvested) for 2015, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2016.
First Asset – Smart Solutions®
First Asset is an investment firm focused on providing smart, low cost solutions that address the real-world investment needs of Canadians - capital appreciation, income generation and risk mitigation. Rooted in strong fundamentals, First Asset's smart solutions strive to deliver better risk-adjusted returns than the broad market while helping investors achieve their personal financial goals.
This communication is intended for informational purposes only. Commissions, management fees and expenses all may be associated with investments in exchange-traded funds. Please read the prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated.
SOURCE First Asset Exchange Traded Funds
please contact Investor Relations, First Asset at 416-642-1289 or 18776421289 or visit www.firstasset.com.
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