First Asset Exchange Traded Funds - First Asset Morningstar National Bank Quebec Index ETF estimated annual special year end distribution for the year 2014 of $0.3832 per unit on QXM and $0.3776 per unit on QXM. A as at December 1, 2014. The distribution will be paid to unitholders of record on December 30, 2014.

The ex-dividend date in each case is December 24, 2014.