Communiqués de presse

First Asset ETFs - Regular Distributions for Year-End 2014

TORONTO, December 17, 2014 - First Asset Exchange Traded Funds announces the following final regular distributions for the month and quarter ending December 31, 2014. In all cases, the distribution will be paid on or before January 6, 2015, to unitholders of record on December 30, 2014. The ex-dividend date in each case is December 24, 2014

The actual taxable amounts of all distributions (cash and reinvested) for 2014, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2015.


Trading Symbol Distribution Amount (per unit)
First Asset Can-60 Covered Call ETF LXF $0.1429
LXF.A $0.1264
First Asset Can-Financials Covered Call ETF FXF $0.1446
FXF.A $0.1215
First Asset Can-Energy Covered Call ETF OXF $0.1351
OXF.A $0.1207
First Asset Can-Materials Covered Call ETF MXF $0.1078
MXF.A $0.0971
First Asset Tech Giants Covered Call ETF TXF $0.1779
TXF.A $0.1537
First Asset Canadian Convertible Bond ETF CXF $0.0398
CXF.A $0.0328
First Asset Morningstar Canada Dividend Target 30 Index ETF DXM $0.0987
DXM.A $0.0781
First Asset Morningstar National Bank Québec Index ETF QXM $0.0568
QXM.A $0.0234
First Asset Morningstar US Dividend Target 50 Index ETF UXM $0.0826
UXM.A $0.0561
UXM.B $0.0767
UXM.D $0.0522
First Asset Morningstar Canada Value Index ETF FXM $0.0671
FXM.A $0.0374
First Asset Morningstar Canada Momentum Index ETF WXM $0.0430
WXM.A $0.0119
First Asset All Canada Bond Barbell Index ETF AXF $0.0253
AXF.A $0.0207
First Asset Corporate Bond Barbell Index ETF KXF $0.0312
KXF.A $0.0265
First Asset Government Bond Barbell Index ETF GXF $0.0236
GXF.A $0.0193
First Asset Morningstar Emerging Markets Composite Bond Index ETF EXM $0.0374
EXM.A $0.0335
First Asset Provincial Bond Index ETF PXF $0.0308
PXF.A $0.0261
First Asset 1-5 Year Laddered Government Strip Bond Index ETF BXF $0.0441
BXF.A $0.0294
First Asset Morningstar US Value Index ETF XXM $0.0243
XXM.A $0.0000
XXM.B $0.0272
XXM.D $0.0000
First Asset MSCI Europe Low Risk Weighted ETF RWE $0.1172
RWE.A $0.0706
RWE.B $0.1140
RWE.D $0.0686
First Asset MSCI USA Low Risk Weighted ETF RWU $0.0431
RWU.A $0.0192
RWU.B $0.0437
RWU.D $0.0190
First Asset MSCI World Low Risk Weighted ETF RWW $0.1154
RWW.A $0.0682
RWW.B $0.1172
RWW.D $0.0685
First Asset MSCI Canada Low Risk Weighted ETF RWC $0.0717
RWC.A $0.0496
First Asset U.S. & Canada Lifeco Income ETF FLI $0.1142
FLI.A $0.0945
First Asset Active Canadian REIT ETF FRF $0.0458
FRF.A $0.0387
First Asset Active Canadian Dividend ETF FDV $0.0321
FDV.A $0.0252
First Asset Hamilton Capital European Bank ETF FHB $0.00001
FHB.A $0.00001
First Asset Morningstar International Value Index ETF VXM $0.03662
VXM.A $0.02002
VXM.B $0.03702
VXM.D $0.02022
First Asset Morningstar International Momentum Index ETF ZXM $0.02572
ZXM.A $0.01482
ZXM.B $0.02582
ZXM.D $0.01452

Note 1 - No distributions since the ETFs' first day of trading (July 29, 2014) to December 31, 2014.
Note 2 - Includes a pro-rated amount for the period from the ETFs' first day of trading (November 18, 2014) to December 31, 2014.

Supporting Investors' Needs
Stay in the market, minimize costs, and take advantage of a smart, simple and efficient feature designed to support investors' needs. First Asset Distribution Reinvestment Plan (DRIP) will automatically reinvest First Asset ETF cash distributions into the First Asset ETF making the distribution. Contact your advisor for more information. All of the distributions indicated in the table above will be paid in cash unless the unitholder has enrolled in the applicable DRIP of the respective ETF. A copy of the Distribution Reinvestment Plan is available at www.firstasset.com.

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

Not for dissemination to U.S. newswire services or for dissemination to the United States of America.