First Asset Funds Inc. Announces December, 2005 Distributions
TORONTO, December 19, 2005 - First Asset Funds Inc. announces the following confirmed distributions for the month and quarter ending December 31, 2005. In all cases, the distribution will be paid on or before January 13, 2006 to unitholders of record on December 30, 2005.
| Name | TSX Symbol |
Distribution Amount (per unit) |
TSX trading price per (Dec. 15/05) |
Annualized Yield(a) |
Pre-Tax Interest Equivalent(b) |
|---|---|---|---|---|---|
| MONTHLY | |||||
| First Asset Yield Opportunity | FAY.UN | $0.1458 | $24.30 | 7.20% | 10.32% |
| Preferred Securities Income Fund | PFS.UN | $0.12 | $20.55 | 7.01% | 10.04% |
| Preferred Securities Limited Duration Fund - Series A | PLD.UN | $0.1042 | $20.62 | 6.06% | 8.69% |
| Preferred Securities Limited Duration - Series B | PLD.U | US $0.0417 |
US $8.25 |
6.07% | 8.69% |
| Global 45 Split Corp. - Class A | GFV | $0.10 | $11.85 | 10.13% | 14.51% |
| First Asset Equal Weight REIT Income Fund | RIT.UN | $0.0625 | $10.45 | 7.18% | 9.04% |
| First Asset Equal Weight Pipes & Power Income Fund | EWP.UN | $0.05833 | $8.97 | 7.80% | 9.16% |
| First Asset Equal Weight Small-Cap Income Fund | FAS.UN | $0.06417 | $7.35 | 10.48% | 11.84% |
| First Asset/BlackRock North American Dividend Achievers(TM) Trust | BDA.UN | $0.05 | $10.10 | 5.94% | 8.51% |
| QUARTERLY | |||||
| Global 45 Split Corp. - Preferred Shares | GFV.PR.A | $0.13125 | $11.72 | 4.90% | 7.02% |
| (a) Based on trading price as at Dec 15, 2005 | (b) Estimated. Based on Ontario tax rates | ||||
For further information, please call Jeff Labenski, Investor Relations, First Asset Funds Inc. at 416-642-1289 or 1-877-642-1289, or visit www.firstassetfunds.com.