Exchange Bulletin
Hamilton Canadian Bank 1.25x Leverage ETF (HCAL) To Trade On Toronto Stock Exchange
Issuer: Hamilton Canadian Bank 1.25x Leverage ETF (the "ETF")
Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
---|---|---|---|---|
Class E units ("Class E Units") |
HCAL | 312,501 | None | $16.00 |
Listing category: | Non-Corporate |
Trading currency: | CAD |
Transaction: | Initial public offering of Class E Units (the "Offering") |
Listing date: | October 14, 2020 (as at 5:01 pm) in anticipation of closing of the Offering. |
Anticipated closing date: | October 15, 2020 (prior to the opening) |
Posted for trading date: | October 15, 2020 (at the opening) subject to confirmation of closing of the Offering. |
Other market(s): | None |
Designated market maker: | National Bank Financial Inc. |
Security ownership registration: | CDS book-entry only system |
Investor relations: | Patrick Sommerville Tel.: (416) 941-9250 psommerville@hamiltonetfs.com -and- David Kidane Tel.: (416) 941-9681 dkidane@hamiltonetfs.com -and- Andréanne Dumais Tel.: (416) 941-9996 adumais@hamiltonetfs.com |
Incorporation: | The ETF is an exchange-traded, alternative mutual fund, established under the laws of Ontario on October 6, 2020 pursuant to a master declaration of trust. |
Manager and Trustee: | Hamilton Capital Partners Inc. |
Fiscal year end: | December 31 |
Nature of business: | The investment objective of the ETF is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a multiple of the performance of a rules-based, variable-weight Canadian bank index. Specifically, the ETF seeks to replicate a 1.25 times multiple of the Solactive Canadian Bank Mean Reversion Index (or any successor thereto). |
Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
Distributions: | Cash distributions on Units of the ETF will be made monthly. |
Sponsorship: | Not applicable |
Offering document: | Prospectus dated October 6, 2020, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: | 312,501 Class E Units will be issued at a subscription price of $16.00 per Class E Unit. The ETF is authorized to issue an unlimited number of Class E Units, each of which represents an equal, undivided interest in the net assets of the ETF. Class E Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Class E Units that may be issued. |
TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |