First Asset is pleased to announce that First Asset DEX 1-5 Year Laddered
Government Strip Bond Index ETF has closed its offerings of Common Units and
Advisor Units. The fund will commence trading on the Toronto Stock Exchange
("TSX") when the markets open today under the following ticker symbol:




Fund                                     Common Units(i)   Management Fee(i)
----------------------------------------------------------------------------
First Asset DEX 1-5 Year Laddered                    BXF      0.00% prior to
 Government Strip Bond Index ETF                            July 1, 2014 and
                                                            thereafter 0.20%
                                                                            
(i) Also available in Advisor Class under BXF.A. Advisor Class units will   
remain subject to an additional fee of 0.50% in respect of the service fee  
paid to advisors                                                            



Barry Gordon, President and CEO of First Asset, remarked that "the First Asset
DEX 1-5 Year Laddered Government Strip Bond Index ETF combines the safety and
higher yields of Canadian government strip bonds, with the "tried and true"
methodology of a bond lad dering strategy. With no management fee on the Common
Units until July 1, 2014, we believe that this fund represents unbeatable value
for a portion of any investor's fixed income portfolio."


About the DEX 1-5 Year Laddered Government Strip Bond Index ETF

The First Asset DEX 1-5 Year Laddered Government Strip Bond Index ETF has been
designed to replicate, to the extent possible, the performance of a Canadian 1-5
year laddered government strip bond index, net of expenses. The current index is
the DEX 1-5 Year Laddered Government Strip Bond Index(TM), which measures
potential returns of a portfolio of strip bonds, both coupons and residuals,
derived from bonds issued by the Government of Canada (including Crown
Corporations) and Canadian provincial bonds (including provincially guaranteed
debt securities) issued domestically in Canada and denominated in Canadian
dollars based upon five distinct annual groupings of maturity. The Index seeks
to maintain a continuous maturity laddered portfolio, meaning that securities
holdings are scheduled to mature in a proportional, annual sequential pattern.
The Index will initially be comprised of approximately 25 securities, five of
which will be equally weighted in each of the five maturity groupings. The Index
is rebalanced annually in June.


About First Asset

Founded in 1996, First Asset is a Canadian, independent investment management
company that manages and administers in excess of $2.6 billion in assets. First
Asset offers a diverse range of investment products including ETFs, mutual funds
and other exchange listed investment funds, covering a variety of domestic and
global mandates.


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 fund is not
guaranteed, its value changes frequently and past performance may not be
repeated.


"DEX 1-5 Year Laddered Government Strip Bond Index(TM)" is a trademark of FTSE
TMX Global Debt Capital Markets Inc. and has been sublicensed for use for
certain purposes to First Asset. The First Asset ETF is not sponsored, endorsed,
sold or promoted by FTSE TMX Global Debt Capital Markets Inc., FTSE
International Limited, TMX Group Inc., their affiliates, third party data
suppliers or licensors (collectively, the "FTSE TMX Indices Parties"). The FTSE
TMX Indices Parties make no representation, condition or warranty, express or
implied, to Unitholders of the First Asset ETF or any member of the public
regarding the advisability of investing in securities generally or in the First
Asset ETF particularly or the ability of the Index to track general bond market
performance or any other economic factors.


Company Overview

First Asset is an independent Canadian investment management company focused on
delivering superior risk-adjusted investment returns to Canadian investors and
their investment advisors. Founded in 1996, First Asset is a leading manager of
ETFs, mutual funds, and closed end funds in Canada.


FOR FURTHER INFORMATION PLEASE CONTACT: 
First Asset
Rob MacNiven
Investor Relations
1-877-642-1289
www.firstasset.com
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