Exchange Bulletin
Fidelity Core U.S. Bond ETF (FCUB, FCUB.U) To Trade On Toronto Stock Exchange
January 27, 2025
Issuer: Fidelity Core U.S. Bond ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Series L Units ("Units") | FCUB, FCUB.U | 2,880,000 | None | CDN $25.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ (FCUB), US$ (FCUB.U) |
| Transaction: | Initial public offering of Units (the "Offering") |
| Anticipated closing date: | January 28, 2025 |
| Listing date: | January 27, 2025 (as at 5:01 pm) in anticipation of closing of the Offering |
| Posted for trading date: | January 28, 2025 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Designated market maker: | National Bank Financial Inc. |
| Investor relations: | Chris Pepper VP Corporate Affairs 416-307-5388 chris.pepper@fidelity.ca |
| Incorporation: | The ETF is an exchange-traded fund established as a unit trust under the laws of the Province of Ontario pursuant to the amended and restated master declaration of trust dated August 23, 2024, together with Schedule A thereto effective as of January 9, 2025. |
| Manager: | Fidelity Investments Canada ULC |
| Fiscal year end: | March 31 |
| Nature of business: | The ETF aims to provide a steady flow of income with the potential for capital gains. It invests primarily in U.S. fixed income securities, with an emphasis on investment grade fixed income securities. It can invest in these securities either directly or indirectly through investments in underlying investment funds. The ETF uses a proprietary quantitative model based on advanced research capabilities in the construction of its portfolio. The ETF uses derivatives to try to achieve a desired risk exposure and/or minimize the exposure to currency fluctuations between developed market foreign currencies (such as the U.S. dollar) and the Canadian dollar. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto. |
| Distributions: | Cash distributions on Units of the ETF will be paid monthly. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated January 9, 2025, which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Offering document. |
| Additional information: | The Units trading under symbol "FCUB.U" will be quoted and traded on TSX in US funds and trading information regarding "FCUB.U" will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 2,880,000 Units will be issued at a subscription price of CDN$25.00 per Unit. The Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |