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First Asset ETFs March Distributions

TORONTO, March 19, 2014 – First Asset Exchange Traded Funds announces the following distributions for the month and quarter ending March 31, 2014.   In all cases, the distribution will be paid on or before April 3, 2014, to unitholders of record on March 28, 2014.  The ex-dividend date in each case is March 26, 2014.


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                                         Trading        Distribution Amount 
                                           Symbol                 (per unit)
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First Asset Can-60 Covered Call                                             
 ETF                                          LXF    $                0.1500
                                  ------------------------------------------
                                            LXF.A    $                0.1313
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First Asset Can-Financials Covered                                          
 Call ETF                                     FXF    $                0.1500
                                  ------------------------------------------
                                            FXF.A    $                0.1313
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First Asset Can-Energy Covered                                              
 Call ETF                                     OXF    $                0.1500
                                  ------------------------------------------
                                            OXF.A    $                0.1313
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First Asset Can-Materials Covered                                           
 Call ETF                                     MXF    $                0.1375
                                  ------------------------------------------
                                            MXF.A    $                0.1188
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First Asset Tech Giants Covered                                             
 Call ETF                                     TXF    $                0.2250
                                  ------------------------------------------
                                            TXF.A    $                0.2063
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First Asset Canadian Convertible                                            
 Bond ETF                                     CXF    $                0.0417
                                  ------------------------------------------
                                            CXF.A    $                0.0354
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First Asset Morningstar Canada                                              
 Dividend Target 30 Index ETF                 DXM    $                0.0850
                                  ------------------------------------------
                                            DXM.A    $                0.0663
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First Asset Morningstar National                                            
 Bank Quebec Index ETF                        QXM    $                0.0550
                                  ------------------------------------------
                                            QXM.A    $                0.0363
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First Asset Morningstar US                                                  
 Dividend Target 50 Index ETF                 UXM    $                0.1000
                                  ------------------------------------------
                                            UXM.A    $                0.0813
                                  ------------------------------------------
                                            UXM.B    $                0.1000
                                  ------------------------------------------
                                            UXM.D    $                0.0813
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First Asset Morningstar Canada                                              
 Value Index ETF                              FXM    $                0.0663
                                  ------------------------------------------
                                            FXM.A    $                0.0475
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First Asset Morningstar Canada                                              
 Momentum Index ETF                           WXM    $                0.0463
                                  ------------------------------------------
                                            WXM.A    $                0.0275
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First Asset DEX All Canada Bond                                             
 Barbell Index ETF                            AXF    $                0.0250
                                  ------------------------------------------
                                            AXF.A    $                0.0208
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First Asset DEX Corporate Bond                                              
 Barbell Index ETF                            KXF    $                0.0308
                                  ------------------------------------------
                                            KXF.A    $                0.0267
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First Asset DEX Government Bond                                             
 Barbell Index ETF                            GXF    $                0.0250
                                  ------------------------------------------
                                            GXF.A    $                0.0208
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First Asset Morningstar Emerging                                            
 Markets Composite Bond Index ETF             EXM    $                0.0333
                                  ------------------------------------------
                                            EXM.A    $                0.0292
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First Asset DEX Provincial Bond                                             
 Index ETF                                    PXF    $                0.0333
                                  ------------------------------------------
                                            PXF.A    $                0.0292
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First Asset DEX 1-5 Year Laddered                                           
 Government Strip Bond Index ETF              BXF    $                0.0438
                                  ------------------------------------------
                                            BXF.A    $                0.0313
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First Asset Morningstar US Value                                            
 Index ETF                                    XXM    $                0.0250
                                  ------------------------------------------
                                            XXM.A    $                0.0000
                                  ------------------------------------------
                                            XXM.B    $                0.0250
                                  ------------------------------------------
                                            XXM.D    $                0.0000
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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 Investor Relations, First Asset at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.