TORONTO, ONTARIO -- (Marketwire) -- 01/21/13 -- First Asset Exchange Traded Funds announces the following distributions for the month ending January 31, 2013. In each case, the distribution will be paid on or before February 5, 2013, to unitholders of record on January 30, 2013. The ex-dividend date in each case is January 28, 2013.

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                                                         Distribution Amount
                                     Trading Symbol               (per unit)
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First Asset Canadian                                                        
 Convertible Bond ETF                           CXF                  $0.0375
                             -----------------------------------------------
                                              CXF.A                 $0.03125
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First Asset DEX All Canada                                                  
 Bond Barbell Index ETF                         AXF                  $0.0333
                             -----------------------------------------------
                                              AXF.A                  $0.0292
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First Asset DEX Corporate                                                   
 Bond Barbell Index ETF                         KXF                  $0.0354
                             -----------------------------------------------
                                              KXF.A                  $0.0313
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First Asset DEX Government                                                  
 Bond Barbell Index ETF                         GXF                  $0.0292
                             -----------------------------------------------
                                              GXF.A                  $0.0250
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First Asset Morningstar                                                     
 Emerging Markets Composite                                                 
 Bond Index ETF                                 EXM                  $0.0396
                             -----------------------------------------------
                                              EXM.A                  $0.0354
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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.

This communication is intended for informational purposes only. Commissions, management fees and expenses all may be associated with investments in exchange traded funds. Please read the prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated.