Exchange Bulletin
Desjardins RI Developed ex-USA ex-Canada - Low CO2 Index ETF (DRMD) To Trade On Toronto Stock Exchange
April 29, 2020
Issuer: Desjardins RI Developed ex-USA ex-Canada - Low CO2 Index ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Units ("Units") | DRMD | 250,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering") |
| Listing date: | April 30, 2020 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | May 1, 2020 (prior to the opening) |
| Posted for trading date: | May 1, 2020 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Security ownership registration: | CDS book-entry only system |
| Investor relations: | Larissa Matveeva Tel.: (514) 350-8686 ext 5557852 larissa.matveeva@desjardins.com |
| Incorporation: | Exchange traded mutual fund established under the laws of the province of Québec, on March 11, 2020 pursuant to a declaration of trust. |
| Manager: | Desjardins Global Asset Management Inc. |
| Trustee: | Desjardins Trust Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a developed markets (ex-USA ex-Canada) cap-weighted equity index. Currently, the ETF seeks to replicate the performance of the Scientific Beta Desjardins Developed ex-US ex-CA RI Low Carbon Index, net of fees and expenses. Under normal market conditions, the ETF will primarily invest in large and midcap companies from the Scientific Beta Developed Markets (ex-USA ex-Canada) Universe while seeking to deliver a significant reduction in the weighted average carbon intensity of the ETF's portfolio and ensuring that all Constituent Issuers meet Pre-Determined ESG Standards. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto. |
| Distributions: | Cash distributions of income, if any, on Units will be payable at least quarterly. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated March 11, 2020, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 250,000 Units will be issued at a subscription price of $20.00 per Unit. The ETF is authorized to issue an unlimited number of Units, each of which represents an undivided interest in the 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, Managing Director, Toronto Stock Exchange |