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Exchange Bulletin

Sustainable Innovation & Health Dividend Fund (SIH.UN) To Trade On Toronto Stock Exchange


August 12, 2020

Issuer: Sustainable Innovation & Health Dividend Fund (the "Fund")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Trust units
(the "Units")
SIH.UN Up to 12,500,000 1,935,000 $10.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Units (the "Offering")
Listing date: August 13, 2020 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: August 14, 2020
Posted for trading date: August 14, 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 system
Investor relations: Francisco Z. Ramirez
President, Middlefield Limited
(403) 269-2100
framirez@middlefield.com

- OR –

Catherine E. Rebuldela
Chief Financial Officer, Middlefield Limited
(403) 269-2100
crebuldela@middlefield.com 
Incorporation: An investment fund established as a trust under the laws of the Province of Alberta pursuant to a declaration of trust dated as of July 23, 2020.
Manager and Trustee: Middlefield Limited
Fiscal year end: December 31
Nature of business: The Fund's investment objectives are to provide holders of Units with: (i) stable monthly cash distributions; and (ii) enhanced long-term total return through capital appreciation of the Fund's investment portfolio (the "Portfolio"), through a diversified, actively managed portfolio comprised primarily of dividend paying securities of global technology and healthcare companies, including initially those which Middlefield Capital Corporation (the "Advisor") believes are positioned to benefit long-term from the trends and changing consumer behaviors resulting from the COVID-19 global pandemic (collectively, "Innovative Technology & Healthcare Issuers"). The Advisor believes Innovative Technology & Healthcare Issuers will generate attractive risk-adjusted returns for the Fund as the technology and healthcare sectors have a history of developing long-lasting innovative solutions to address major social and economic challenges. In addition, the Portfolio will focus on sustainable technology and healthcare companies with assets the Advisor believes have been developed and operated taking into account environmental, social and governance considerations.
Transfer agent and registrar: Middlefield Capital Corporation at its principal office in Toronto.
Distributions The Fund intends to provide Unitholders with monthly cash distributions. The initial target distribution amount for the period ending September 30, 2021 is $0.03333 per Unit per month (corresponding to an annualized distribution of $0.40 per Unit per annum and representing an annualized yield of 4.0% per annum based on the original subscription price).
Sponsorship: Not applicable
Disclosure document: Prospectus dated July 23, 2020, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Disclosure document.
Initial public offering: Pursuant to the terms of the Prospectus, a maximum of 12,500,000 Units (and a minimum of 2,500,000 Units) at a price of $10.00 per Unit, are being offered to the public.
TSX contact: Chris Birkett,
Managing Director,
Toronto Stock Exchange