First Asset Mutual Funds Indicative Annual Distributions

TORONTO, Oct. 20, 2015 /CNW/ - First Asset Investment Management Inc. announces the targeted annualized distribution amounts for the funds listed below for the upcoming twelve month period ending September 30, 2016.  In each case, the distributions are paid quarterly.

In the case of First Asset REIT Income Fund, First Asset announces that commencing immediately, the fund will, in addition to its ordinary quarterly distributions, pay distributions to unitholders of record on the second to last business day of each month that does not end on a calendar quarter.

Fund

Distribution Amount

First Asset Global Dividend Fund

$0.50 per unit per annum ($0.125 per unit per quarter)

First Asset Canadian Convertible Bond Fund

$0.60 per unit per annum ($0.15 per unit per quarter)

First Asset Utility Plus Fund

$0.50 per unit per annum ($0.125 per unit per quarter)

First Asset REIT Income Fund

$0.80 per unit per annum ($0.067 per unit per month)

Notwithstanding this announcement, the amount of the distributions may vary from period to period, and there can be no assurance that a fund will make any distributions in any particular period.

SOURCE First Asset

For further information: Please call Investor Relations, First Asset at 416-642-1289 or 18776421289 or visit www.firstasset.com.

RELATED LINKS
http://www.firstasset.com

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890