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Exchange Bulletin

First Asset Short Term Government Bond Index Class ETF (FGB) To Trade On Toronto Stock Exchange


February 29, 2016

First Asset Short Term Government Bond Index Class ETF (the “ETF”) - An application has been granted for the original listing in the Non-Corporate Issuer category of 50,000 redeemable transferable Shares (the “ETF Shares”) of the ETF, all of which will be issued and outstanding, upon the completion of an initial public offering.

The ETF is a separate class of shares of First Asset Fund Corp. (the “Company”), a mutual fund corporation. Each class of shares of the Company is a separate investment fund having specific investment objectives and is specifically referable to a separate portfolio of investments.

Listing of the ETF Shares will become effective at 5:01 p.m. on Monday, February 29, 2016 in anticipation of the offering closing prior to the opening of trading on Tuesday, March 1, 2016. The ETF Shares will be posted for trading at the opening on Tuesday, March 1, 2016 upon confirmation of the closing.

The ETF is authorized to issue an unlimited number of ETF Shares, each of which represents an undivided interest in the net assets of the ETF. The ETF Shares are being offered for sale on a continuous basis and there is no maximum number of ETF Shares that may be issued.

Registration of interests in, and transfers of, ETF Shares will be made only through the book-entry only system of CDS Clearing and Depository Services Inc. (“CDS”). Shares of the ETF must be purchased, transferred and surrendered for redemption only through a CDS Participant. Upon buying ETF Shares, the owner will receive only the customary confirmation.

Additional information on the ETF Shares may be found in the final prospectus of the ETF dated February 23, 2016 (the “Prospectus”) which is available at www.SEDAR.com. Capitalized terms not otherwise defined below are as defined in the Prospectus.

 

Stock Symbol: "FGB" CUSIP: 31866L 10 1 Trading Currency: CDN$

 

Designated Market Maker: BMO Nesbitt Burns Inc.
Other Markets: None
Head Office Address: 95 Wellington Street West
Suite 1400
Toronto, Ontario M5J 2N7
Email Address: info@firstasset.com
Website: www.firstasset.com
Head Office Telephone Number: (416) 642-1289 or (877) 642-1289
Fax Number: (416) 362-2199
Investor Relations: Z. Edward Akkawi
Tel: (416) 640-4938
Email: eakkawi@firstasset.com
Manager: First Asset Investment Management Inc.
Transfer Agent & Registrar: Computershare Trust Company of Canada at its principal office in Toronto.
Chief Financial Officer: Karen Wagman
Corporate Secretary: Z. Edward Akkawi
Fiscal Year End: December 31
Incorporation: The ETF is an open-ended mutual fund corporation established under the laws of the Province Ontario pursuant to articles of incorporation dated June 28, 2010 as amended on September 22, 2015.
Nature of Business: The ETF seeks to replicate, to the extent possible, the performance of a Canadian short term government bond index, currently the FTSE TMX Canada Short Term Government Bond Index, net of expenses. Under normal market conditions, the First Asset ETF will primarily invest in Canadian federal, provincial and municipal bonds issued domestically in Canada and denominated in Canadian dollars.
Distributions: Cash dividends, if any, on the ETF Shares are expected to be made at least monthly.
Issuance of Shares: Pursuant to the Prospectus, 50,000 ETF Shares will be initially issued at a subscription price of $20.00 per share.