Exchange Bulletin
BMO Credit Stress Opportunities ETF (ZCDX, ZCDX.U) To Trade On Toronto Stock Exchange
July 29, 2026
Issuer: BMO Credit Stress Opportunities ETF (the "BMO ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| CAD Units | ZCDX | 50,000 | None | CDN$30 |
| USD Units | ZCDX.U | 50,000 | None | USD$30 |
| Listing category: | Non-Corporate |
| Trading currency of CAD Units: | CDN$ |
| Trading currency of USD Units: | USD$ |
| Transaction: | Initial public offering of CAD Units and USD Units (together, the "Units") (the "Offering"). |
| Listing date: | July 29, 2026 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | July 30, 2026 (prior to the opening). |
| Posted for trading date: | July 30, 2026 (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, ETFs and Alternatives BMO Asset Management Inc. (416) 263-0487 sara.petrcich@bmo.com |
| Incorporation: | The BMO ETF is an exchange traded mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated July 21, 2026. The BMO ETF is an "alternative mutual fund" as defined in NI 81-102. |
| Manager and Trustee: | BMO Asset Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The BMO ETF seeks to provide exposure to changes in the credit conditions associated with a broad, diversified portfolio of U.S. high yield corporate issuers, while minimizing the effects of interest rate fluctuations, primarily by taking a short position on credit default index derivatives ("CDX"). Currently, the BMO ETF provides such investment opportunities primarily through CDX referencing the Markit CDX North America High Yield Index. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal offices in Toronto. |
| Distributions: | Cash distributions, if any, are expected to be made on a monthly basis in the currency in which the Units are denominated. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated July 21, 2026 (the "Prospectus") which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional information: | The USD Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the USD Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 50,000 CAD Units will be issued at a subscription price of CDN$30 per CAD Unit and 50,000 USD Units will be issued at a subscription price of USD$30 per USD 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 |