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As of July 31, 2017, First Asset Energy & Resource Fund has gone out of business. First Asset Energy & Resource Fund is a close-ended equity mutual fund of funds launched by and managed by First Asset Investment Management Inc. The fund invests in the public equity markets of Canada. It seeks to invest in stocks of companies operating in the energy and natural resources sectors, with an emphasis on companies involved exploration, production, transportation, or distribution of all forms of energy and natural resources. The fund primarily invests in dividend paying stocks of companies and units of other income trusts. It benchmarks the performance of its portfolio against the S&P/TSX Energy Index and S&P/TSX Materials Index. The fund was formerly known as the Triax Resource Limited Partnership. First Asset Energy & Resource Fund was formed on August 9, 1996 and is domiciled in Canada.
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