/NOT FOR DISSEMINATION TO U.S. NEWSWIRE
SERVICES OR FOR DISSEMINATION IN THE
UNITED STATES OF AMERICA./
TORONTO, Dec. 10, 2018 /CNW/ - Further to its press
release on November 26, 2018, First
Asset Investment Management Inc. (the "Manager") announces
that the merger of each of First Asset Diversified Convertible
Debenture Fund (TSX: DCD.UN), First Asset Canadian Convertibles
Fund (TSX: ADC.UN) and First Asset North American Convertibles Fund
(TSX: NCD.UN) (each, a "Fund) with First Asset Canadian
Convertible Bond ETF (TSX: CXF) (the "First Asset ETF") was
completed on December 7, 2018.
In connection with each merger, each holder of units of a Fund
received the number of units of the First Asset ETF indicated in
the table below for each Fund unit held. The First Asset ETF units
are listed on the Toronto Stock Exchange under the ticker symbol:
CXF.
|
Fund
|
Units of First
Asset ETF Received
per Unit of the Fund
|
|
First Asset
Diversified Convertible Debenture Fund (TSX:
ADC.UN)
|
1.413423
|
|
First Asset Canadian
Convertibles Fund (TSX: DCD.UN)
|
0.677415
|
|
First Asset North
American Convertibles Fund (TSX: NCD.UN)
|
0.765118
|
First Asset – Smart SolutionsTM
First
Asset, a CI Financial Company, is a Canadian investment firm
delivering a comprehensive suite of smart ETF solutions. 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.
TMFirst Asset and its logo are trademarks of First
Asset Capital Corp., 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
Investments Inc., used under license.
SOURCE First Asset
