Press Releases

NEW: First Asset MSCI International Low Risk Weighted ETF

TORONTO, August 25, 2017 - First Asset Investment Management Inc. ("First Asset") is pleased to announce that First Asset MSCI International Low Risk Weighted ETF (the "ETF") has closed the initial offering of its units and the units will commence trading today on the Toronto Stock Exchange ("TSX") under the ticker symbols RWX and RWX.B. RWX are Canadian dollar hedged units and RWX.B are unhedged units.

"Today we expand our suite of MSCI Index-based ETFs to include the First Asset MSCI International Low Risk Weighted ETF (TSX: RWX and RWX.B). MSCI is a market leader in global equity indexes and has approximately $1.9 trillion in assets benchmarked to the MSCI EAFE index suite1. This new ETF allows advisors to participate in the growing opportunity set available within the international equity market in a manner that seeks to minimize both volatility and the impacts of market drawdowns."
Rohit Mehta, President, First Asset Investment Management Inc.

First Asset MSCI International Low Risk Weighted ETF's Investment Objectives
The First Asset MSCI International Low Risk Weighted ETF (other than the Unhedged Units) has been designed to replicate, to the extent possible, the performance of the MSCI EAFE Risk Weighted Top 175 Index Hedged to CAD, net of expenses. In respect of the Unhedged Units, the First Asset ETF has been designed to replicate, to the extent possible, the performance of the MSCI EAFE Risk Weighted Top 175 Index, net of expenses.

MSCI EAFE Risk Weighted Top 175 Index and MSCI EAFE Risk Weighted Top 175 Index Hedged to CAD
Each of the MSCI EAFE Risk Weighted Top 175 Index and MSCI EAFE Risk Weighted Top 175 Index Hedged to CAD are based on a traditional market capitalization weighted parent index, the MSCI EAFE Index, which includes large and mid-capitalization stocks within developed markets outside of North America. Constructed using a simple, but effective and transparent process, each security of the parent index is reweighted so that stocks with lower risk are given higher index weights. The final constituents of the Indexes are determined by ranking these security level risk weights and taking the top 175 subset securities. The Indexes seek to emphasize stocks with lower historical return variance and tend to have a bias towards lower size and lower risk stocks. Historically, the Indexes have exhibited lower realized volatility in comparison to its parent index, while maintaining reasonable liquidity and capacity.

Additional Information
For information about First Asset ETFs, as well as a complete list of ETFs available from First Asset, please visit: http://www.firstasset.com/solutions or call First Asset at 416-642-1289 or 1-877-642-1289.

About MSCI
MSCI is a leading provider of investment decision support tools worldwide. Their line of products and services includes indexes, analytical tools, data, real estate benchmarks and ESG research. For more than 40 years, MSCI's research-based indexes and analytics have helped the world's leading investors build and manage better portfolios. Clients rely on their offerings for deeper insights into the drivers of performance and risk in their portfolios, broad asset class coverage and innovative research.

First Asset - Smart SolutionsTM
First Asset, a CI Financial Company, is a Canadian investment firm delivering a comprehensive suite of smart ETF solutions. 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.

1 As of Dec 31, 2016, as reported on March 31, 2017 by eVestment, Morningstar and Bloomberg.

Please read the prospectus before investing. Important information about the ETF is contained in its prospectus. Individuals should seek the advice of professionals, as appropriate, prior to investing. The ETF is not guaranteed, its values changes frequently and past performance may not be repeated. Commissions, trailing commissions, management fees and expenses all may be associated with an investment in the ETF.

The ETF is managed by First Asset, a subsidiary of First Asset Capital Corp. (FA Capital). TMFirst Asset and its logo are trademarks of FA Capital, a wholly-owned subsidiary of CI Financial Corp. which is listed on the TSX under the symbol "CIX". ®CI FINANCIAL is a registered trademark of CI Investments Inc., used under license.

MSCI is a trademark of MSCI Inc. The MSCI index has been licensed for use for certain purposes by First Asset. The ETF is not sponsored, endorsed, sold or promoted by MSCI Inc. or any of its affiliates (collectively, "MSCI"), and MSCI makes no representation regarding the advisability of investing in the ETF.

Not for dissemination to U.S. Newswire Services or for dissemination in the United States of America.