Press Releases

First Asset Tech Giants Covered Call ETF - TSX: TXF.B (Unhedged)

TORONTO, August 31, 2017 - First Asset Investment Management Inc. ("First Asset") announces the launch of an unhedged class of units of First Asset Tech Giants Covered Call ETF (the "ETF"). This new class of units will commence trading today on the Toronto Stock Exchange ("TSX") under the ticker symbol TXF.B (the "Unhedged Units"). The hedged class of units of the ETF (the "Hedged Units") has been available since October, 2011 and trade on the TSX under the ticker symbol TXF.

Unlike the Hedged Units, which hedge at least 90% of the value of the foreign currency exposure, if any, attributable to the Hedged Units back to the Canadian dollar, the foreign currency exposure attributable to the Unhedged Units will not be hedged back to the Canadian dollar.

The ETF provides exposure to some of the largest, most innovative technology companies by minimizing volatility and generating attractive income through an actively managed covered call writing strategy. The largest 25 issuers, measured by market capitalization, listed on a North American stock exchange are chosen for inclusion in the ETF on an equally weighted basis and are rebalanced quarterly. Distributions are paid quarterly and no more than 25% of the portfolio's securities will have call options written upon them at any given time.

For further information, please call First Asset at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.

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.

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 First Asset Capital Corp., a wholly-owned subsidiary of CI Financial Corp. which is listed on the Toronto Stock Exchange under the symbol "CIX". ®CI FINANCIAL is a registered trademark of CI Investments Inc., used under license.

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