/Not for dissemination to U.S. Newswire Services or for dissemination in the United States of America./
TORONTO, Jan. 23, 2018 /CNW/ - First Asset Resource Fund Inc. (the "Fund") announces that the Fund completed the redemption of all of the issued and outstanding Class A Shares, Series 1 (the "Shares") on January 22, 2018 (the "Redemption Date").
Each Shareholder will receive $9.6621 per Share. These proceeds will be paid on or before January 24, 2018. Shareholders need not take any action to receive the final redemption proceeds. Investors will not be required to pay any redemption fees or sales charges upon this final redemption and termination of the Fund.
First Asset – Smart SolutionsTM
First Asset, a CI Financial Company, is a Canadian investment firm delivering a comprehensive suite of smart ETF solutions. Rooted in strong fundamentals, First Asset's smart solutions strive to deliver better risk-adjusted returns than the broad market, while helping investors achieve their personal financial goals.
TMFirst Asset and its logo are trademarks of First Asset Capital Corp., a wholly-owned subsidiary of CI Financial Corp. which is listed on the Toronto Stock Exchange under the symbol "CIX". ®CI FINANCIAL is a registered trademark of CI Investments Inc., used under license.
SOURCE First Asset
For further information: please call Investor Relations, First Asset at 416-642-1289 or 1‐877‐642‐1289 or visit www.firstasset.com.