Exchange Bulletin

NBI High Yield Bond ETF (NHYB) To Trade On Toronto Stock Exchange

March 2, 2020

Issuer: NBI High Yield Bond ETF (the "ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Units NHYB 50,000 None $25.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Units (the "Offering")
Listing date: March 3, 2020 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: March 4, 2020 (prior to the opening)
Posted for trading date: March 4, 2020 (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 
Incorporation: The ETF is an exchange-traded fund established as a trust under the laws of the Province of Ontario on January 23, 2020 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 ETF's investment objective is to provide a high level of long-term income. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of high-yield debt securities of developed market issuers.
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 on monthly basis. The Manager may, at its discretion, change the frequency of cash distributions, and will issue a press release if such a change is made. The Manager may also make additional distributions in any year if determined to be appropriate.
Sponsorship: Not applicable
Disclosure document: Prospectus dated January 23, 2020, which is available at 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. 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,
Toronto Stock Exchange