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Exchange Bulletin

CI Lawrence Park Alternative Investment Grade Credit ETF (CRED, CRED.U) To Trade On Toronto Stock Exchange


January 24, 2020

Issuer: CI Lawrence Park Alternative Investment Grade Credit ETF (the "CI ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Common units
(the "Common Units")
CRED 100,000 None C$20.00
U.S. dollar denominated units (the "US$ Common Units") CRED.U 100,000 None US$20.00
Listing category: Non-Corporate
Trading currency - Common Units: CDN$
Trading currency - US$ Common Units: US$
Transaction: Initial public offering of Common Units and US$ Common Units (collectively, the "Units") (the "Offering").
Listing date: January 27, 2020 (as at 5:01 p.m.) in anticipation of closing of the Offering.
Anticipated closing date: January 28, 2020
Posted for trading date: January 28, 2020 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: TD Securities Inc.
Security ownership registration: CDS book entry only system and Non-Certificated Issue.
Investor relations: Eddy Fung
Tel: (647) 260-3855
Email: efung@firstasset.ci.com 
Incorporation: The CI ETF is an exchange-traded alternative mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated January 6, 2020.
Manager: CI Investment Inc.
Fiscal year end: December 31
Nature of business: The CI ETF seeks to generate consistent positive total returns with an emphasis on capital preservation and low correlation to traditional equity and fixed income markets. The CI ETF will be primarily invested in the investment grade debt of corporations and financial institutions in the developed world.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Dividends: Any cash distributions of income on the Units of the CI ETF are expected to be made monthly in the currency in which the Units are denominated.
Sponsorship: Not applicable.
Offering document: Prospectus dated January 20, 2020 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Additional Information: The US$ Common Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the US$ Common Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review.
Initial public offering: 100,000 Common Units will be issued at a subscription price of $20.00 per Common Unit and 100,000 US$ Common Units will be issued at a subscription price of US$20.00 per US$ Common Unit. The CI ETF is authorized to issue an unlimited number of Units, each of which represents an undivided interest in the net assets of the CI ETF. The Units of the CI 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