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First Asset ETFs Deliver Top Results

Mar 19 2013 12:00AM

Marketwire

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TORONTO, ONTARIO -- (Marketwire) -- 03/19/13 -- First Asset is pleased to announce performance results on the first anniversary of five exchange-traded funds (ETFs) tracking Morningstar Indexes.

The First Asset Morningstar Canada Value, Momentum, and Dividend Target 30 as well as the US Dividend Target 50 ETFs aim to replicate Morningstar Indexes that leverage the highly regarded investment research of CPMS. "The goal of these ETFs is to deliver exposure beyond market beta, while the National Bank Quebec ETF is designed to track companies domiciled in Quebec," explains Barry Gordon, President and CEO of First Asset. "The results are strong and the ETFs are attracting a great deal of attention."

To recognize the one-year anniversary, the First Asset team will celebrate by opening the market at the Toronto Stock Exchange on Monday, March 25, 2013.

First Asset has an established and growing suite of equity and fixed income ETF solutions that aim to replicate indices from leading providers such as Morningstar and PC Bond (DEX), in addition to a variety of other proprietary solutions.

First Asset ETF Performance(i):

Since Year-to-Date 1 Year InceptionFirst Asset Morningstar Canada Value Index ETF (FXM)1 4.71% 14.31% 18.26%S&P TSX Composite Total Return Index 3.54% 4.58% 6.80%----------------------------------------------------------------------------First Asset Morningstar Canada Momentum Index ETF (WXM)2 6.36% 14.46% 16.74%S&P TSX Composite Total Return Index 3.54% 4.58% 6.80%----------------------------------------------------------------------------First Asset Morningstar Canada Dividend Target 30 Index ETF (DXM)3 4.85% 2.20% 3.47%S&P TSX CompositeTotal Return Index 3.54% 4.58% 5.09%----------------------------------------------------------------------------First Asset Morningstar US Dividend Target 50 Index ETF (UXM)4 8.09% 9.13% 9.39%S&P 500 Hedged Canadian Dollar Total Return Index 6.61% 13.46% 14.52%----------------------------------------------------------------------------First Asset Morningstar National Bank Quebec Index ETF (QXM)5 7.30% 16.58% 14.00%S&P TSX Composite Total Return Index 3.54% 4.58% 5.09%----------------------------------------------------------------------------



(i)As of February 28, 2013. Performance data is for ETF's Common units. Each ETF is also offered in Advisor series units.

ABOUT FIRST ASSET:

First Asset is an independent Canadian investment management company focused on delivering superior risk-adjusted investment returns to Canadian investors and their investment advisors. First Asset Exchange Traded Funds offer unique investment solutions on a low cost, transparent basis. Founded in1996, First Asset is a leading manager of ETFs, mutual funds, and closed end funds in Canada.

This communication is intended for informational purposes only. The ETFs are offered by prospectus. The prospectus contains important detailed information about the ETFs and their units. Copies of the prospectus may be obtained from your investment advisor, First Asset or at www.sedar.com. Investors should read the prospectus before making an investment decision. Commissions, trailing fees, management fees and expenses all may be associated with investments in the ETFs. The indicated rates of return are the historical annual compound total returns including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution or operational charges or income taxes payable by any security holder that would have reduced returns. The ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Performance is calculated net of all fees. The performance information shown is for Common units of the ETFs, and may not be indicative of the performance of other series of the same ETF. Variations in performance data among various series of the same ETF is due to differences in fees and expenses attributed to each series. The ETFs are managed by First Asset Investment Management Inc.

(1, 2) Inception Date: February 15, 2012. (3, 4, 5) Inception Date: February 6, 2012. The S&P/TSX Composite Total Return Index is a widely recognized capitalization-weighted index designed to measure market activity of all stocks listed on the TSX and is used as a benchmark to show how the ETFs are performing in relation to the broader Canadian equity market on a relative basis. The S&P 500 Hedged Canadian Dollar Total Return Index is a widely recognized cap-weighted index designed to measure market activity of stocks of the top 500 leading U.S. companies listed on the S&P 500 Index, hedged back to CAD$, and is used as a benchmark to show how the ETF is performing in relation to the broader U.S. large cap equity market in CAD$ on a relative basis. Morningstar and the Morningstar logo are registered trademarks of Morningstar, Inc. and have been licensed for use for certain purposes by First Asset Investment Management Inc. These ETFs are not sponsored, endorsed, sold or promoted by Morningstar or any of its affiliates (collectively, "Morningstar"), and Morningstar makes no representation regarding the advisability of investing in the ETFs.



Contacts:
First Asset
Rob MacNiven
Investor Relations
1-877-642-1289
www.firstasset.com





Source: Marketwire


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