First Asset Funds Inc. Announces December, 2004 Distributions
TORONTO, December 20, 2004 - First Asset Funds Inc. announces the following distributions for the month and quarter ending December 31, 2004. In all cases, the distribution will be paid on or before January 14, 2005 to unitholders of record on December 31, 2004.
| Fund / Trust |
TSX Trading Symbol |
Confirmed or Estimated |
Distribution Amount (per unit) |
Distribution Amount Annualized |
TSX trading price per unit as at Dec 16/04 |
Annualized Yield |
Pre-Tax Interest Equivalent (based on Ontario Rates |
|---|---|---|---|---|---|---|---|
| MONTHLY | |||||||
| First Asset Yield Opportunity | FAY.UN | Confirmed | $0.1458 | $1.7496 | $26.10 | 6.70% | 9.61% |
| Preferred Securities Income Fund | PFS.UN | Confirmed | $0.12 | $1.44 | $22.57 | 6.38% | 9.14% |
| Preferred Securities Limited Duration Fund - Series A | PLD.UN | Confirmed | $0.1146 | $1.3752 | $22.60 | 6.08% | 8.72% |
| Preferred Securities Limited Duration - Series B | PLD.U | Confirmed | US $0.0458 |
US $0.5496 |
US $8.74 |
6.29% | 9.01% |
| Global 45 Split Corp. - Class A | GFV | Confirmed | $0.10 | $1.20 | $13.00 | 9.23% | 13.23% |
| First Asset Equal Weight REIT Income Fund | RIT.UN | Confirmed | $0.0625 | $0.75 | $10.25 | 7.32% | 10.49% |
| QUARTERLY | |||||||
| Global 45 Split Corp. - Preferred Shares | GFV.PR.A | Confirmed | $0.13125 | $0.525 | $10.55 | 4.98% | 7.13% |
For more information, please call First Asset Funds Inc. at 416-642-1289 or 1-877-642-1289, or visit www.firstassetfunds.com.