Press Releases

XTF Capital Corp. Launches ETFs

TORONTO, ONTARIO - May 31, 2011 - XTF Capital Corp. is pleased to announce the launch of four XTF Capital eXchange Traded Funds ("XTFs"). Two of these XTFs - Can-60 Income ETF and Can-Energy Income ETF will begin trading on the Toronto Stock Exchange ("TSX") tomorrow, under the following ticker symbols:


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            Fund                   Common Units  Advisor Units 
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            Can-60 Income ETF          LXF           LXF.A     
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            Can-Energy Income ETF      OXF           OXF.A     
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The other two - Can-Financials Income ETF and Can-Materials Income ETF begin trading on the TSX on Friday, June 3, 2011.

XTF Capital's mission is to create the next dimension of exchange traded funds, delivering superior risk adjusted solutions to Canadian investors.

The following is a brief description of each of the offerings:

Can-60 Income ETF ("Can-60 XTF") - The investment objective of Can-60 XTF is to provide holders, through an actively managed portfolio, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of the securities of the issuers publicly disclosed as being included in the S&P/TSX 60 Index, from time to time, and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.

Can-Energy Income ETF ("Can-Energy XTF") - The investment objective of the Can-Energy XTF is to provide holders, through an actively managed portfolio, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest issuers measured by market capitalization chosen from the S&P/TSX Capped Energy Index and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.

Can-Financials Income ETF ("Can-Financials XTF") - The investment objective of the Can-Financials XTF is to provide holders, through an actively managed portfolio, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of issuers publicly disclosed as being included in the S&P/TSX Capped Financials Sector Index and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.

Can-Materials Income ETF ("Can-Materials XTF") - The investment objective of the Can-Materials XTF is to provide holders, through an actively managed portfolio, with (i) quarterly cash distributions, (ii) the opportunity for capital appreciation by investing on an equal weight basis in a portfolio of securities of the 25 largest issuers measured by market capitalization chosen from the S&P/TSX Capped Materials Index and (iii) lower overall volatility of returns on the portfolio than would be experienced by owning a portfolio of securities of such issuers directly.

In the case of each XTF, the Manager will invest in a portfolio of investments and will actively manage the call option writing program, and rebalance the portfolios, as applicable. In each case, the XTF's portfolio will initially be approximately equal weighted, and each month the Manager will employ a covered call option writing program on approximately, and not more than, 25% of the securities of each portfolio issuer, in order to seek to earn attractive tax effective income from dividends and call option premiums, lower the overall volatility of returns associated with owning a portfolio of these securities, and to generate capital appreciation. Each XTF portfolio will be rebalanced as soon as practicable, in the determination of the Manager, at the end of each calendar quarter, so that immediately following such rebalancing, the constituent portfolio issuers are approximately equally weighted.

XTF Capital is a First Asset Company. First Asset is a Canadian wealth management company that manages and administers approximately $2.6 billion in assets as of May 31, 2011. First Asset offers a diverse range of investment products including exchange listed investment funds and mutual funds covering a variety of domestic and global mandates.

For further information, please contact Rob MacNiven, Investor Relations, XTF Capital at 1-855-983-3837 or visit www.xtf.ca.

This communication is intended for informational purposes only. Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated.