First Asset ETF Funds April Distributions

/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION TO THE UNITED STATES OF AMERICA./

TORONTO, April 19, 2016 /CNW/ - First Asset Exchange Traded Funds announces the following distributions for the month ending April 30, 2016.   In all cases, the distribution will be paid on or before May 4, 2016, to unitholders of record on April 28, 2016.  The ex-dividend date in each case is April 26, 2016.

	Trading Symbol	Distribution Amount (per unit)
First Asset Canadian Convertible Bond ETF	CXF	$0.0400
	CXF.A	$0.0335
First Asset Provincial Bond Index ETF	PXF	$0.0289
	PXF.A	$0.0240
First Asset Active Canadian Dividend ETF	FDV	$0.0312
	FDV.A	$0.0249
First Asset Active Utility & Infrastructure ETF	FAI	$0.0187
	FAI.A	$0.0120
First Asset Active Credit ETF	FAO	$0.0400
	FAO.A	$0.0360
	FAO.U	$0.0400 (USD$)
	FAO.V	$0.0360 (USD$)
First Asset Canadian REIT ETF	RIT	$0.0675
	RIT.A	$0.0588
First Asset Core Balanced ETF	CBB	$0.0441
	CBB.A	$0.0311
First Asset Short Term Government Bond Index Class ETF	FGB	$0.0429

Supporting Investors' Needs
Stay in the market, minimize costs, and take advantage of a smart, simple and efficient feature designed to support investors' needs.  First Asset Distribution Reinvestment Plan (DRIP) will automatically reinvest First Asset ETF cash distributions into the First Asset ETF making the distribution.  Contact your advisor for more information.  All of the distributions indicated in the table above will be paid in cash unless the unitholder has enrolled in the applicable DRIP of the respective ETF. A copy of the Distribution Reinvestment Plan is available at www.firstasset.com.

First Asset – Smart Solutions^TM
First Asset, a CI Financial Company, is a Canadian investment firm delivering a comprehensive suite of smart ETF solutions. 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, trailing commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. Copies of the prospectus may be obtained from your investment advisor, First Asset or at www.sedar.com.  Exchange traded funds are not guaranteed, their values change frequently and past performance may not be repeated. First Asset Exchange Traded Funds are managed by First Asset Investment Management Inc., a subsidiary of First Asset Capital Corp. (FA Capital). ^TMFirst Asset and its logo are trademarks of FA Capital, a wholly owned subsidiary of CI Financial Corp. which is listed on the Toronto Stock Exchange under the symbol "CIX".  ®CI FINANCIAL is a registered trademark of CI Investment Inc., used under license.

SOURCE First Asset

Investor Relations, First Asset at 416-642-1289 or 1‐877‐642‐1289 or visit www.firstasset.com