Exchange Bulletin
WaveFront All-Weather Alternative Fund (WAAV) To Trade On Toronto Stock Exchange
January 14, 2025
Issuer: WaveFront All-Weather Alternative Fund (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Series ETF Units | WAAV | 50,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Series ETF Units (the "Offering") |
| Anticipated closing date: | January 13, 2025 |
| Listing date: | January 14, 2025 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | January 15, 2025 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Investor relations: | Robert Maxwell Managing Director & CFO rmaxwell@arrow-capital.com (416) 847-3980 Tanesh Vaswani Director of Compliance tvaswani@arrow-capital.com (416) 642-3501 |
| Incorporation: | The ETF has been established as a mutual fund trust created under the laws of Ontario and is governed by an amended and restated declaration of trust, dated November 17, 2017, as amended pursuant to a ninth supplemental dated January 1, 2025. |
| Manager and Trustee: | Arrow Capital Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The investment objective of the ETF is to provide long-term capital appreciation by investing primarily in major global markets in order to provide broad exposure to global asset classes and strategies around the world. The ETF may use leverage. The leverage will be created through the use of cash borrowings, short sales and derivative contracts. The ETF is an "alternative mutual fund", as defined by National Instrument 81-102. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | The ETF expects to make a distribution each quarter, depending on market conditions. The amount of the distribution may be different each quarter and may be zero. |
| Sponsorship: | Not applicable |
| Offering document: | Simplified Prospectus dated January 1, 2025, which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Offering document. |
| Initial public offering: | 50,000 Series ETF Units will be issued at a subscription price of $20.00 per Series ETF Unit. Series ETF Units will be issued and sold on a continuous basis and there is no maximum number of Series ETF Units that may be issued. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |