Exchange Bulletin
BMO SPDR Consumer Staples Select Sector Index ETF (ZXLP, ZXLP.F) To Trade On Toronto Stock Exchange
February 5, 2025
Issuer: BMO SPDR Consumer Staples Select Sector Index ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Series ETF Units | ZXLP | 50,000 | None | $30 |
| Series ETFH Units | ZXLP.F | 50,000 | None | $30 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Series ETF Units and Series ETFH Units (together, the "Units") (the "Offering"). |
| Anticipated closing date: | February 6, 2025 |
| Listing date: | February 5, 2025 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | February 6, 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: | Sara Petrcich Head of Exchange Traded Funds and Structured Solutions BMO Asset Management Inc. (416) 263-0487 sara.petrcich@bmo.com |
| Incorporation: | The ETF is a trust established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated January 21, 2025. |
| Manager and Trustee: | BMO Asset Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to replicate, to the extent possible before fees and expenses, the performance of an index that provides exposure to equity securities of large-capitalization issuers in the U.S. consumer staples sector (the Index) by establishing, directly or indirectly, a long or short position in: the instruments included in the Index (an Index Constituent), each in proportion to its positive or negative weight in the Index; and/or instruments that are not Index Constituents but that have, in the aggregate, investment characteristics similar to the Index or to a subset of the Index Constituents. Generally, the ETF will invest substantially all of its assets, directly or indirectly, in The Consumer Staples Select Sector SPDR® Fund. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal offices in Toronto. |
| Distributions: | Cash distributions on Units of the ETF, if any, are expected to be made on an annual basis. |
| Sponsorship: | Not applicable. |
| Offering Document: | Simplified Prospectus dated January 21, 2025 (the "Prospectus"), which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 50,000 Series ETF Units will be issued at a subscription price of CDN $30 per Series ETF Unit and 50,000 Series ETFH Units will be issued at a subscription price of CDN $30 per Series ETFH 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: | Selma Thaver, Managing Director, TSX Listings |