First Asset Funds Inc. Announces October, 2007 Distributions
TORONTO, ONTARIO--(Oct. 22, 2007) - First Asset Funds Inc. announces the following confirmed distributions for the month ending October 31, 2007. In all cases, the distribution will be paid on or before November 15, 2007 to unitholders of record on October 31, 2007.
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Name TSX Distribution TSX Annualized Pre-Tax
Symbol Amount Trading Yield (b) Interest
(per unit) Price (a) Equivalent (c)
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First Asset FAY.UN $ 0.1458 $ 22.66 7.72% 9.06%
Yield
Opportunity
Trust
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Preferred PFS.UN $ 0.12 $ 18.25 7.89% 11.31%
Securities
Income
Fund
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Preferred PLD.UN CAD CAD
Securities $ 0.1042 $ 18.64 6.71% 9.61%
Limited
Duration
Fund
- Series A
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Preferred USD USD
Securities PLD.U $ 0.0417 $ 7.51 6.66% 9.55%
Limited
Duration
Fund
- Series B
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Global 45 GFV $ 0.10 $ 15.29 7.85% 11.25%
Split Corp.
- Class A
Shares
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First Asset RIT.UN $ 0.08 $ 12.81 7.49% 9.44%
REIT Income
Fund
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First Asset IGF.UN $ 0.05833 $ 8.55 8.19% 9.60%
Income &
Growth
Fund
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First Asset EWP.UN $ 0.05833 $ 7.66 9.14% 10.72%
Pipes &
Power
Income Fund
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First Asset BDA.UN $ 0.05 $ 9.59 6.26% 8.97%
/BlackRock
North
American
Dividend
Achievers(TM)
Trust
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Split REIT SOT.UN $ 0.0875 $ 17.05 6.16% 8.83%
Opportunity
Trust
- Capital
Units
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Utility UST.UN $ 0.09688 $ 13.00 8.94% 12.82%
Split
Trust
- Capital
Units
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(a) As at close on October 18, 2007.
(b) Based on trading price as at October 18, 2007.
(c) Estimated - based on Ontario tax rates.
For more information, please call Rob MacNiven (Investor Relations) at (416) 642-1289 or (877) 642-1289, or visit www.firstasset.com.