/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