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First Asset Canadian REIT ETF advisor units now available


First Asset Canadian REIT ETF has completed the initial offering of its advisor units pursuant to a final prospectus dated 10 July, 2015, filed with the securities regulatory authorities of all of the Canadian provinces and territories in connection with the conversion of the First Asset ETF from a closed-end fund to an exchange traded fund.

The Advisor Units will begin trading on the Toronto Stock Exchange ("TSX") today under the symbol TSX: RIT.A. Common class units of the First Asset ETF (the "Common Units") commenced trading on the TSX under the symbol TSX: RIT on 14 July, 2015. The only difference between the Common Units and the Advisor Units is the management fee payable by the First Asset ETF due to the service fee payable by the Manager to registered dealers in respect of the Advisor Units.

Advisor Units would generally be suitable only for investors who have retained an advisor to advise them regarding their purchase and who do not have a fee based account. Investors purchasing through self-directed brokerage accounts would most likely consider the Common Units. Prospective Unitholders are encouraged to consult their dealers to determine which class of Units are most appropriate for their investment.

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