TORONTO, ONTARIO--(Marketwired - Dec. 20, 2013) -
NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA.
First Asset Yield Opportunity Trust (TSX:FAY.UN)(TSX:FAY.U) (the "Fund") announces that it has extended the term of its forward agreements to December 17, 2014. The extension is permitted pursuant to transitional relief provided by the Department of Finance to investment funds - like the Fund - that are affected by the character conversion rules announced in March, 2013.