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

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

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.

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SOURCE First Asset