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First Asset Morningstar U.S. Consumer Defensive Index Fund Announces Adjournment of Unitholder Meeting

TORONTO, July 19, 2018 - First Asset Morningstar U.S. Consumer Defensive Index Fund (the "Fund") (TSX: UCD.UN) announces that the special meeting of the unitholders of the Fund called to consider, among other things, the merger of the Fund into First Asset MSCI USA Low Risk Weighted ETF (TSX: RWU), has been adjourned to 10 a.m. on July 30, 2018.

For further information: please call First Asset at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com

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