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First Asset ETFs Announce Distributions

TORONTO, February 15, 2013 – First Asset Exchange Traded Funds announces the following distributions for the month ending February 28, 2013. In each case, the distribution will be paid on or before March 5, 2013, to unitholders of record on February 27, 2013. The ex-dividend date in each case is February 25, 2013.


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                                                               Distribution 
                                                      Trading        Amount 
                                                       Symbol    (per unit) 
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First Asset Canadian Convertible Bond ETF                 CXF    $   0.0375 
                                                   -------------------------
                                                        CXF.A    $  0.03125 
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First Asset DEX All Canada Bond Barbell Index ETF         AXF    $   0.0333 
                                                   -------------------------
                                                        AXF.A    $   0.0292 
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First Asset DEX Corporate Bond Barbell Index ETF          KXF    $   0.0354 
                                                   -------------------------
                                                        KXF.A    $   0.0313 
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First Asset DEX Government Bond Barbell Index ETF         GXF    $   0.0292 
                                                   -------------------------
                                                        GXF.A    $   0.0250 
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First Asset DEX Provincial Bond Index ETF                 PXF    $ 0.0427(i)
                                                   -------------------------
                                                        PXF.A    $ 0.0374(i)
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First Asset Morningstar Emerging Markets Composite                          
 Bond Index ETF                                           EXM    $   0.0396 
                                                   -------------------------
                                                        EXM.A    $   0.0354 
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(i) pro-rated amount for the period from the ETF's first day of trading     
(January 21, 2013) to February 28, 2013.

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. Under the DRIP, any distributions made by an ETF are automatically used to purchase additional units of the ETF making the distribution. Eligible unitholders are encouraged to contact the institution through which they hold their units to confirm enrolment procedures and timelines. A copy of the Distribution Reinvestment Plan is available at www.firstasset.com.

For further information, please contact Rob MacNiven, Investor Relations, First Asset at 1-877-642-1289 or visit www.firstasset.com.

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.