Press Releases

First Asset ETFs Distribution Press Release

TORONTO, June 18, 2013 - First Asset Exchange Traded Funds announces the following distributions for the month ending June 30, 2013. In all cases, the distribution will be paid on or before July 4, 2013, to unitholders of record on June 27, 2013. The ex-dividend date in each case is June 25, 2013.


---------------------------------------------------------------------------
                                                               Distribution
                                                     Trading    Amount (per
                                                      Symbol          unit)
---------------------------------------------------------------------------
First Asset Can-60 Covered Call ETF                      LXF        $0.1625
                                                  -------------------------
                                                       LXF.A        $0.1438
---------------------------------------------------------------------------
First Asset Can-Financials Covered Call ETF              FXF        $0.1500
                                                  -------------------------
                                                       FXF.A       $0.13125
---------------------------------------------------------------------------
First Asset Can-Energy Covered Call ETF                  OXF        $0.1500
                                                  -------------------------
                                                       OXF.A        $0.1500
---------------------------------------------------------------------------
First Asset Can-Materials Covered Call ETF               MXF        $0.1688
                                                  -------------------------
                                                       MXF.A        $0.1688
---------------------------------------------------------------------------
First Asset Tech Giants Covered Call ETF                 TXF        $0.2250
                                                  -------------------------
                                                       TXF.A       $0.20625
---------------------------------------------------------------------------
First Asset Canadian Convertible Bond ETF                CXF        $0.0417
                                                  -------------------------
                                                       CXF.A        $0.0354
---------------------------------------------------------------------------
First Asset Morningstar Canada Dividend Target 30        DXM        $0.0813
 Index ETF                                                                 
                                                  -------------------------
                                                       DXM.A        $0.0625
---------------------------------------------------------------------------
First Asset Morningstar National Bank Quebec Index       QXM        $0.0500
 ETF                                                                       
                                                  -------------------------
                                                       QXM.A        $0.0313
---------------------------------------------------------------------------
First Asset Morningstar US Dividend Target 50            UXM        $0.0900
 Index ETF                                                                 
                                                  -------------------------
                                                       UXM.A        $0.0713
---------------------------------------------------------------------------
First Asset Morningstar Canada Value Index ETF           FXM        $0.0600
                                                  -------------------------
                                                       FXM.A       $0.04125
---------------------------------------------------------------------------
First Asset Morningstar Canada Momentum Index ETF        WXM        $0.0575
                                                  -------------------------
                                                       WXM.A        $0.0388
---------------------------------------------------------------------------
First Asset DEX All Canada Bond Barbell Index ETF        AXF        $0.0321
                                                  -------------------------
                                                       AXF.A       $0.02791
---------------------------------------------------------------------------
First Asset DEX Corporate Bond Barbell Index ETF         KXF        $0.0333
                                                  -------------------------
                                                       KXF.A        $0.0292
---------------------------------------------------------------------------
First Asset DEX Government Bond Barbell Index ETF        GXF        $0.0271
                                                  -------------------------
                                                       GXF.A        $0.0229
---------------------------------------------------------------------------
First Asset Morningstar Emerging Markets Composite       EXM        $0.0375
 Bond Index ETF                                                            
                                                  -------------------------
                                                       EXM.A        $0.0333
---------------------------------------------------------------------------
First Asset DEX Provincial Bond Index ETF                PXF        $0.0333
                                                  -------------------------
                                                       PXF.A        $0.0292
---------------------------------------------------------------------------

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. Under the DRIP, any distributions made by an ETF are automatically used to purchase additional units of the ETF making the distribution. Eligible unitholders are encouraged to contact the institution through which they hold their units to confirm enrolment procedures and timelines. A copy of the Distribution Reinvestment Plan is available at www.firstasset.com.

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

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.