TORONTO, ONTARIO--(Marketwire - Sept. 12, 2012) - First Asset Investment Management Inc. announces the targeted quarterly distribution amounts for the four funds list below for the following twelve month period ending September 30, 2013.
| Fund |
Quarterly Distribution |
| First Asset Global Dividend Fund |
$0.1375 per unit ($0.55 per unit per annum) |
| First Asset Canadian Convertible Bond Fund |
$0.15 per unit ($0.60 per unit per annum) |
| First Asset REIT Income Fund |
$0.125 per unit ($0.50 per unit per annum) |
| First Asset Utility Plus Fund |
$0.125 per unit ($0.50 per unit per annum) |
Other funds in First Asset mutual fund family maintain their monthly distribution rates as follows:
| Fund |
Monthly Distribution |
| First Asset Canadian Dividend Opportunity Fund |
$0.05 per unit ($0.60 per unit per annum) |
| First Asset Canadian Energy Convertible Debenture Fund |
$0.0583 per unit ($0.70 per unit per annum) |
| First Asset Canadian Convertible Debenture Fund |
$0.0625 per unit ($0.75 per unit per annum) |
Notwithstanding this announcement, the amount of the distributions may vary from month to month or quarter to quarter, as the case may be, and there can be no assurance that the Fund will make any distributions in any particular month or quarter.