Investor FAQ



When did First National convert to a corporation?

The conversion was first announced on March 25, 2010 and approved by the Fund's unitholders voting in person or by proxy at the related special unitholders' meeting held on May 4, 2010, concurrently with the Fund's Annual General Meeting. Unitholders approved the conversion of the Fund's income trust structure into a growth oriented, dividend paying public corporation named "First National Financial Corporation" effective January 1, 2011. For further details on the plan of arrangement, please consult First National Financial Income Fund's Management Information Circular dated March 31, 2010, and related material change report dated April 1, 2010, both available on SEDAR.


What is First National's monthly dividend to shareholders?

On January 4, 2011, First National Financial Income Fund formally completed its conversion to a growth-oriented,
dividend-paying corporation. Beginning in 2011, the Company replaced its distributions with payments of after-tax dividends. In the fourth quarter of 2010, the Company reviewed its forecast for both earnings and cash flow going into 2011. Given management's view of increasing cash flows, the Company set the estimate of the annual dividend as a corporation to $1.25 per share per annum ($0.104167 per share on a monthly basis). Management believes this dividend policy will be sustainable and will allow the Company to continue to pursue its growth objectives.
When will First National's quarterly results be released?

Upcoming quarterly results will be release on or about the following dates:

Q4 early March 2012

The dates and times of the Corporation's quarterly conference calls will be announced via news release.

When is First National's fiscal year-end?

First National's fiscal year-end is December 31.

When was First National's IPO and what was the offering price?

First National completed its IPO on June 15, 2006, at $10.00 per unit.

When is First National’s next Annual General Meeting?

First National's Annual General meeting (AGM) for the 2011 fiscal year will be held on May 3, 2012 at 2:00PM ET at the TSX Broadcast & Conference Centre in Toronto, Ontario.

Where do First National's shares trade, and what is the symbol?

First National Financial Corporation's shares trade on the Toronto Stock Exchange (TSX) under the ticker symbol FN.

Do First National's senior managers have significant investments in
First National Financial LP?

Yes, the senior managers’ interest in First National Financial LP is greater than 80%.

Whom can I contact regarding share certificates?

Please contact First National's transfer agent:

Computershare Investor Services
100 University Ave.
9th Floor
Toronto, ON
M5J 2Y1
1-800-564-6253

What is the tax breakdown of the distribution paid to unitholder in 2010?

Of the distributions declared in 2010, 100% is 'other taxable income'.
For more detailed information, see First National Financial Income Fund tax breakdown posting at http://www.cdsinnovations.ca/applications/taxforms/taxforms.nsf/PROCESSED-EN-?OpenViewandRestrictToCategory=All-2008