Press Releases

First Asset ETFs Announce Distributions

TORONTO, Tuesday May 21, 2013 - First Asset Exchange Traded Funds announces the following distributions for the month ending May 31, 2013. In each case, the distribution will be paid on or before June 5, 2013, to unitholders of record on May 30, 2013. The ex-dividend date in each case is May 28, 2013.


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                                                                Distribution
                                                                      Amount
                                          Trading Symbol          (per unit)
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First Asset Canadian Convertible Bond ETF            CXF      $       0.0417
                                         -----------------------------------
                                                   CXF.A      $       0.0354
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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      $       0.0333
                                         -----------------------------------
                                                   KXF.A      $       0.0292
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First Asset DEX Government Bond Barbell                                     
 Index ETF                                           GXF      $       0.0271
                                         -----------------------------------
                                                   GXF.A      $       0.0229
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First Asset DEX Provincial Bond Index ETF            PXF      $       0.0333
                                         -----------------------------------
                                                   PXF.A      $       0.0292
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First Asset Morningstar Emerging Markets                                    
 Composite Bond Index ETF                            EXM      $       0.0396
                                         -----------------------------------
                                                   EXM.A      $       0.0354
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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 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.