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First Asset ETF Funds July Distributions

TORONTO, ONTARIO -- (Marketwired) -- 07/21/14 -- First Asset Exchange Traded Funds announces the following distributions for the month ending July 31, 2014. In all cases, the distribution will be paid on or before Aug 6, 2014, to unitholders of record on July 30, 2014. The ex-dividend date in each case is July 28, 2014.


----------------------------------------------------------------------------
                                                                Distribution
                                                     Trading     Amount (per
                                                       Symbol          unit)
----------------------------------------------------------------------------
First Asset Canadian Convertible Bond ETF                 CXF    $    0.0400
                                                 ---------------------------
                                                        CXF.A    $    0.0330
----------------------------------------------------------------------------
First Asset All Canada Bond Barbell Index ETF             AXF    $    0.0254
                                                 ---------------------------
                                                        AXF.A    $    0.0207
----------------------------------------------------------------------------
First Asset Corporate Bond Barbell Index ETF              KXF    $    0.0316
                                                 ---------------------------
                                                        KXF.A    $    0.0269
----------------------------------------------------------------------------
First Asset Government Bond Barbell Index ETF             GXF    $    0.0236
                                                 ---------------------------
                                                        GXF.A    $    0.0193
----------------------------------------------------------------------------
First Asset Provincial Bond Index ETF                     PXF    $    0.0320
                                                 ---------------------------
                                                        PXF.A    $    0.0273
----------------------------------------------------------------------------
First Asset Morningstar Emerging Markets
 Composite Bond Index ETF                                 EXM    $    0.0400
                                                 ---------------------------
                                                        EXM.A    $    0.0357
----------------------------------------------------------------------------

All of the distributions indicated in the table above will be paid in cash unless the Unitholder has enrolled in the applicable DRIP of the respective ETF. Under the DRIP, any distributions made by an ETF are automatically used to purchase additional units of the ETF making the distribution. Eligible unitholders are encouraged to contact the institution through which they hold their units to confirm enrolment procedures and timelines. A copy of the Distribution Reinvestment Plan is available at www.firstasset.com.

Contacts:
First Asset
Investor Relations
416-642-1289 or 1-877-642-1289
www.firstasset.com

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