Press Releases

First Asset ETF Funds September Distributions

TORONTO, September 18, 2013 First Asset Exchange Traded Funds announces the following distributions for the month and quarter ending September 30, 2013. In all cases, the distribution will be paid on or before October 3, 2013, to unitholders of record on September 27, 2013. The ex-dividend date in each case is September 25, 2013.


----------------------------------------------------------------------------
                                                                Distribution
                                                   Trading            Amount
                                                    Symbol        (per 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          $0.13125
----------------------------------------------------------------------------
First Asset Can-Materials Covered Call ETF             MXF           $0.1688
                                            --------------------------------
                                                     MXF.A           $0.1500
----------------------------------------------------------------------------
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 Index ETF                                   DXM           $0.0813
                                            --------------------------------
                                                     DXM.A           $0.0625
----------------------------------------------------------------------------
First Asset Morningstar National Bank                                       
 Quebec Index ETF                                      QXM           $0.0500
                                            --------------------------------
                                                     QXM.A           $0.0313
----------------------------------------------------------------------------
First Asset Morningstar US Dividend Target                                  
 50 Index ETF                                          UXM           $0.0900
                                            --------------------------------
                                                     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           $0.0525
                                            --------------------------------
                                                     WXM.A           $0.0338
----------------------------------------------------------------------------
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 Bond Index ETF                              EXM           $0.0375
                                            --------------------------------
                                                     EXM.A           $0.0333
----------------------------------------------------------------------------
First Asset DEX Provincial Bond Index ETF              PXF           $0.0333
                                            --------------------------------
                                                     PXF.A           $0.0292
----------------------------------------------------------------------------
First Asset DEX 1-5 Year Laddered                              $0.05370 (See
 Government Strip Bond Index ETF                       BXF           Note 1)
                                            --------------------------------
                                                               $0.03836 (See
                                                     BXF.A           Note 1)
----------------------------------------------------------------------------

Note 1 - Includes a pro rated amount for the period from the ETFs first day of trading (June 11, 2013) to September 30, 2013.

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 Investor Relations, First Asset at 416-642-1289 or 1-877-642-1289 or visit www.firstasset.com.