First Asset Morningstar U.S. Consumer Defensive Index Fund Completes Merger with First Asset MSCI USA Low Risk Weighted ETF

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TORONTO, Sept. 17, 2018 /CNW/ - Further to its press release on July 30, 2018, First Asset Investment Management Inc. (the "Manager") announces that the merger of First Asset Morningstar U.S. Consumer Defensive Index ETF (TSX: UCD.UN) (the "Fund") with First Asset MSCI USA Low Risk Weighted ETF (the "First Asset ETF") (TSX: RWU) was completed on September 14, 2018.

In connection with the merger, each holder of units of the Fund received 0.562572 units of the First Asset ETF for each Fund unit held. These First Asset ETF units are listed on the Toronto Stock Exchange under the ticker symbol: RWU.

First Asset – Smart Solutions™
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.

™First 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

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