First Asset Funds Inc. Announces November, 2006 Distributions
TORONTO, ONTARIO--(CCNMatthews - Nov. 21, 2006) - First Asset Funds Inc. announces the following confirmed distributions for the month ending November 30, 2006. In all cases, the distribution will be paid on or before December 15, 2006 to unitholders of record on November 30, 2006.
| Name | TSX Symbol |
Distribution Amount (per unit) |
TSX Trading Price (Nov. 17/06) |
Annualized Yield(a) |
Pre-Tax Interest Equivalent(b) |
|---|---|---|---|---|---|
| MONTHLY | |||||
| First Asset Yield Opportunity | FAY.UN | $0.1458 | $23.85 | 7.34% | 8.61% |
| Preferred Securities Income Fund | PFS.UN | $0.12 | $20.00 | 7.20% | 10.32% |
| Preferred Securities Limited Duration Fund - Series A | PLD.UN | CDN $0.1042 |
CDN $20.25 |
6.17% | 8.85% |
| Preferred Securities Limited Duration - Series B | PLD.U | US $0.0417 |
US $8.11 |
6.17% | 8.84% |
| Global 45 Split Corp. - Class A | GFV | $0.10 | $13.94 | 8.61% | 12.34% |
| First Asset Equal Weight REIT Income Fund | RIT.UN | $0.0800 | $12.85 | 7.47% | 9.41% |
| First Asset Pipes & Power Income Fund | EWP.UN | $0.05833 | $7.15 | 9.79% | 11.49% |
| First Asset/BlackRock North American Dividend Achievers™ Trust | BDA.UN | $0.05 | $9.67 | 6.20% | 8.89% |
| Payout Performers™ Income Fund | PPF.UN | $0.05 | $7.94 | 7.56% | 9.19% |
| Split REIT Opportunity Trust - Capital Units | SOT.UN | $0.07813 | $15.35 | 6.11% | 8.75% |
| (a) Based on trading price as at close on November 17, 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.