First Asset Funds Inc. Announces February, 2006 Distributions
TORONTO, February 17, 2006 - First Asset Funds Inc. announces the following confirmed distributions for the month ending February 28, 2006. In all cases, the distribution will be paid on or before March 15, 2006 to unitholders of record on February 28, 2006.
| Name | TSX Symbol |
Distribution Amount (per unit) |
TSX trading price per (Feb. 15/06) |
Annualized Yield(a) |
Pre-Tax Interest Equivalent(b) |
|---|---|---|---|---|---|
| MONTHLY | |||||
| First Asset Yield Opportunity | FAY.UN | $0.1458 | $23.40 | 7.48% | 10.72% |
| Preferred Securities Income Fund | PFS.UN | $0.12 | $20.30 | 7.09% | 10.17% |
| Preferred Securities Limited Duration Fund - Series A | PLD.UN | $0.1042 | $21.00 | 5.95% | 8.53% |
| Preferred Securities Limited Duration - Series B | PLD.U | US $0.0417 |
US $8.05 |
6.22% | 8.91% |
| Global 45 Split Corp. - Class A | GFV | $0.10 | $11.55 | 10.39% | 14.89% |
| First Asset Equal Weight REIT Income Fund | RIT.UN | $0.0625 | $10.71 | 7.00% | 8.82% |
| First Asset Equal Weight Pipes & Power Income Fund | EWP.UN | $0.05833 | $8.73 | 8.02% | 9.41% |
| First Asset Equal Weight Small-Cap Income Fund | FAS.UN | $0.06042 | $7.85 | 9.24% | 10.44% |
| First Asset/BlackRock North American Dividend AchieversTM Trust | BDA.UN | $0.05 | $9.24 | 6.49% | 9.31% |
| (a) Based on trading price as at Feb. 15, 2006 | (b) Estimated. Based on Ontario tax rates | ||||
For further information, please call Rob MacNiven, Investor Relations, First Asset Funds Inc. at 416-642-1289 or 1-877-642-1289, or visit www.firstassetfunds.com.