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Exchange Bulletin

Horizons S&P/TSX Capped Composite Index ETF (HXCN) To Trade On Toronto Stock Exchange


February 4, 2020

Issuer: Horizons S&P/TSX Capped Composite Index ETF (the "ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
ETF Shares HXCN 40,000,000 None $25.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of ETF Shares (the "Offering")
Listing date: February 5, 2020 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: February 6, 2020 (prior to the opening)
Posted for trading date: February 6, 2020 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: CIBC World Markets Inc.
Security ownership registration: CDS book-entry only system
Investor relations: Martin Fabregas
Tel.: (416) 601-2508
mfabregas@horizonsetfs.com
Incorporation: Horizons ETF Corp. (the "Company") is a mutual fund corporation established under the federal laws of Canada. The ETF was established on January 24, 2020, in accordance with the articles of incorporation of the Company. The ETF is a separate Corporate Class.
Manager: Horizons ETFs Management (Canada) Inc.
Fiscal year end: December 31
Nature of business: The ETF seeks to replicate, to the extent possible, the performance of the S&P/TSX Capped Composite Index (Total Return), net of expenses. The S&P/TSX Capped Composite Index (Total Return) is designed to measure the performance of the broad large-cap market segment of the Canadian equity market, with a capped weight of 10% on all Constituent Issuers.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: The ETF does not currently intend to pay regular dividends or returns of capital on the ETF Shares.
Sponsorship: Not applicable
Offering document: Prospectus dated January 24, 2020, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 40,000,000 ETF Shares will be issued at a subscription price of $25.00 per ETF Share. The ETF is authorized to issue an unlimited number of ETF Shares. ETF Shares of the ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Shares that may be issued.
TSX contact: Chris Birkett,
Director,
Toronto Stock Exchange