First Asset Investment Management Inc. Announces Changes to its First Asset ETF Lineup

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

TORONTO, June 30, 2015 /CNW/ - First Asset Investment Management Inc. ("First Asset") announces that it will terminate the following funds (the "Funds") due to their current size and/or the existence of a suitable First Asset alternative.  The Funds will terminate on or about August 31, 2015 (the "Termination Date"). 

Fund Name	Ticker(s)
First Asset Can-Financials Covered Call ETF	FXF, FXF.A
First Asset Can-60 Covered Call ETF	LXF, LXF.A
First Asset Active Canadian REIT ETF	FRF, FRF.A
First Asset All Canada Bond Barbell Index ETF	AXF, AXF.A
First Asset Government Bond Barbell Index ETF	GXF, GXF.A
First Asset Corporate Bond Barbell Index ETF	KXF, KXF.A
First Asset Emerging Markets Composite Bond Index ETF and its reference fund, First Asset Emerging Markets Bond Fund	EXM, EXM.A

The Manager will request the TSX to de-list units of the Funds (other than First Asset Emerging Markets Bond Fund which is not listed) from the Toronto Stock Exchange (the "TSX") on or about August 25, 2015. Until such date, units of the Funds (other than First Asset Emerging Markets Bond Fund) will continue to be listed on the TSX.  As soon as practicable following the Termination Date, the assets of each Fund will be liquidated and the proceeds therefrom distributed, after paying or providing for all liabilities and obligations of such Fund, pro rata among unitholders of record of such Fund on the Termination Date. Following the termination and distributions described above with respect to a Fund, such Fund will be dissolved. First Asset will issue an additional press release on or about the Termination Date confirming final details of the terminations.

First Asset - Smart Solutions^TM
First Asset has approximately $3.2 billion of assets under management as at June 29, 2015, including over $1.6 billion in 35 TSX-listed First Asset ETFs.  First Asset is an independent 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. 

SOURCE First Asset Exchange Traded Funds

please call Investor Relations, First Asset at 416-642-1289 or 18776421289 or visit www.firstasset.com.