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Exchange Bulletin

NBI Unconstrained Fixed Income ETF (NUBF) To Trade On Toronto Stock Exchange


October 16, 2019

Issuer: NBI Unconstrained Fixed Income ETF

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Units ("Units") NUBF 50,000 None $25.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Units (the "Offering")
Listing date: October 17, 2019 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: October 18, 2019 (prior to the opening)
Posted for trading date: October 18, 2019 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: National Bank Financial Inc.
Security ownership registration: CDS book-entry only system
Investor relations: Joe Nakhle
Tel.: (514) 412-8446
joe.nakhle@bnc.ca
Incorporation: The ETF is an exchange-traded fund established as a trust under the laws of the Province of Ontario on September 12, 2019 pursuant to a master declaration of trust.
Manager: National Bank Investments Inc.
Trustee: Natcan Trust Company
Fiscal year end: December 31
Nature of business: The investment objective of the ETF is to maximize total return, consistent with preservation of capital. The ETF invests, directly or indirectly through investments in securities of one or many other mutual funds or through the use of derivatives, in a diversified portfolio composed mainly of fixed-income securities of issuers located throughout the world with various maturities and credit ratings.
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 at the end of each month. The Manager may, in its discretion, change the frequency of cash distributions, and will issue a press release if such a change is made or the Manager may make additional distributions if determined to be appropriate. Distributions are not fixed or guaranteed.
Sponsorship: Not applicable
Offering document: Prospectus dated September 12, 2019, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 50,000 Units will be issued at a subscription price of $25.00 per Unit. The ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the Units' proportionate share of the series net assets of the ETF. 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: Chris Birkett,
Director,
Toronto Stock Exchange.