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First Asset Canadian Energy Convertible Debenture Fund Announces Final Valuation

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First Asset Canadian Energy Convertible Debenture Fund Announces Final Valuation

Canada NewsWire

/NOT FOR DISSEMINATION TO U.S. NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES OF AMERICA./

TORONTO, Aug. 27, 2018 /CNW/ - Further to its announcement on June 15, 2018, First Asset Canadian Energy Convertible Debenture Fund (the "Fund") announces that all of the issued and outstanding units the Fund (the "Units") were redeemed by the Fund on August 27, 2018 (the "Termination Date").

On or about August 29, 2018, the Fund shall distribute to holders of the Units (the "Unitholders") as of the Termination Date their proportionate share of all property and assets of the Fund available for distribution through the final redemption of all outstanding Units of the Fund.   The final net asset value per unit to be paid to Unitholders is set out in the table below.  Unitholders are not required to take any action in connection with the termination and final redemption.

Class

Fund Codes

Final NAV
per Unit

Class A Units:

FAF6000, FAF6001, FAF6003

$4.6602

Class F Units:

FAF6005

$5.7646

 

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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.

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SOURCE First Asset

View original content: http://www.newswire.ca/en/releases/archive/August2018/27/c8807.html

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