GFV.PR.A Redeemed on Schedule

First Asset Management has announced:

that the Company completed the redemption of all of its outstanding Class A Shares and Preferred Shares on September 30, 2011.

Class A Shares were redeemed for $4.4827 per share. Preferred Shares were redeemed for $10 per share plus the previously announced quarterly distribution of $0.13125 per Preferred Share.

Payment will be made on or about October 5, 2011 to the beneficial holders of such shares through CDS Clearing and Depository Services Inc. Shareholders need not take any action to receive the final redemption proceeds.

DBRS has discontinued coverage of the no-longer-extant issue.

GFV.PR.A was not tracked by HIMIPref™.

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