Canada NewsWire
TORONTO, Sept. 21, 2016
/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA/
TORONTO, Sept. 21, 2016 /CNW/ - First Asset Closed-End Funds
announces the following distributions for the month and quarter ending September 30, 2016. In
all cases, the distribution will be paid on or before October 14, 2016, to holders of record on
September 30, 2016.
|
Name
|
TSX Symbol
|
Confirmed Regular
Distribution (per unit)
|
|
Utility Split Trust – Capital Units
|
UST.UN
|
$0.0500
|
|
Utility Split Trust – Preferred Shares
|
UST.PR.B
|
$0.13125
|
|
Triax Diversified High-Yield Trust
|
TRH.UN
|
$0.0700
|
|
Preferred Share Investment Trust
|
PSF.UN
|
$0.07501
|
|
First Asset Diversified Convertible Debenture Fund
|
DCD.UN
|
$0.3000
|
|
First Asset Canadian Convertibles Fund
|
ADC.UN
|
$0.1500
|
|
North American Advantaged Convertibles Fund
|
NCD.UN
|
$0.1250
|
|
First Asset Morningstar U.S. Consumer Defensive Index Fund
|
UCD.UN
|
$0.0578
|
- With respect to Preferred Share Investment Trust (TSX: PSF.UN), this will be the fund's last distribution prior to its
previously announced merger into First Asset Preferred Share ETF (TSX:FPR). After the merger, former unitholders of this fund
will receive regular monthly distributions as unitholders of FPR.
First Asset - Smart SolutionsTM
First Asset is an independent investment firm, focused on providing smart, low cost solutions that address the
real-world investment needs of Canadians - capital appreciation, income generation and risk mitigation. 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.
This communication is intended for informational purposes only. You will usually pay brokerage fees to your dealer if you
purchase or sell units of the investment fund on the TSX. If the units are purchased or sold on the TSX, investors may pay more
than the current net asset value when buying units of the investment fund and may receive less than the current net asset value
when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must
prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in
these documents. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.
First Asset Funds are managed by First Asset Investment Management Inc., a subsidiary of First Asset Capital Corp. (FA Capital).
TMFirst Asset and its logo are trademarks of FA Capital, 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 Investment Inc., used
under license.
SOURCE First Asset
