Exchange Bulletin
BMO Short-Term Discount Bond ETF (ZSDB) To Trade On Toronto Stock Exchange
Issuer: BMO Short-Term Discount Bond ETF (the "ETF")
Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
---|---|---|---|---|
CAD Units ("Units") | ZSDB | 125,000 | None | $30.00 |
Listing category: | Non-Corporate |
Trading currency: | CDN$ |
Transaction: | Initial public offering of Units (the "Offering"). |
Anticipated closing date: | January 27, 2022 |
Listing date: | January 26, 2022 (as at 5:01 pm) in anticipation of closing of the Offering. |
Posted for trading date: | January 27, 2022 (at the opening) subject to confirmation of closing of the Offering. |
Other market(s): | None |
Designated market maker: | BMO Nesbitt Burns Inc. |
Security ownership registration: | CDS book-entry only system, which will be effected in non-certificated form. |
Investor relations: | Kevin Gopaul Head of Exchange Traded Funds BMO Asset Management Inc. (416) 359-7635 kevin.gopaul@bmo.com |
Incorporation: | The ETF is an exchange traded mutual fund established as a trust under the laws of the Province of Ontario pursuant to a master declaration of trust dated January 17, 2022 (as amended or as amended and restated from time to time). |
Manager and Trustee: | BMO Asset Management Inc. |
Fiscal year end: | December 31 |
Nature of business: | The ETF seeks to provide exposure to the performance of a portfolio of fixed income securities and generate income, primarily by investing in investment grade Canadian corporate fixed income securities with a remaining effective term to maturity between one and five years that trade near or below par value. |
Transfer agent and registrar: | State Street Trust Company Canada at its principal offices in Toronto. |
Distributions: | Cash distributions on Units of the ETF are expected to be made on a quarterly basis. |
Sponsorship: | Not applicable |
Offering document: | Prospectus dated January 17, 2022, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: | 125,000 Units will be issued at a subscription price of $30.00 per Unit. Units are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued. |
TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange. |