Exchange Bulletin

Evolve Enhanced FANGMA Index ETF (TECE, TECE.B, TECE.U) To Trade On Toronto Stock Exchange

February 25, 2022

Issuer: Evolve Enhanced FANGMA Index ETF ("Evolve ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Hedged Canadian dollar denominated units ( the "CAD Hedged Units") TECE 100,000 None C$10.00
Unhedged Canadian dollar denominated units (the "CAD Unhedged Units") TECE.B 100,000 None C$10.00
Unhedged United States dollar denominated units (the "USD Unhedged Units") TECE.U 100,000 None US$10.00
Listing category: Non-Corporate
Trading currency of CAD Hedged Units and CAD Unhedged Units: CDN$
Trading currency of USD Unhedged Units: US$
Transaction: Initial public offering (the "Offering") of CAD Hedged Units, CAD Unhedged Units and USD Unhedged Units (collectively, the "Units").
Listing date: February 28, 2022 (as at 5:01 p.m.) in anticipation of closing of the Offering.
Anticipated closing date: March 1, 2022 (prior to the opening).
Posted for trading date: March 1, 2022 (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: Elliot Johnson
Chief Investment Officer and Chief Operating Officer
Tel: (416) 558-6661
- and -
Keith Crone
Executive Vice-President, Head of Marketing
Tel: (416) 697-5152
Incorporation: An exchange traded alternative mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as of February 17, 2022.
Manager and Trustee: Evolve Funds Group Inc.
Fiscal year end: December 31
Nature of business: Evolve ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, a 1.25 times multiple of the performance of the Solactive FANGMA Equal Weight Index Canadian Dollar Hedged, or any successor thereto. Evolve ETF invests in equity securities of Alphabet Inc., Amazon Inc., Apple Inc., Meta Platforms Inc. (formerly Facebook Inc.), Netflix Inc. and Microsoft Corp.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Dividends: Cash distributions of income, if any, on Units will be paid monthly.
Sponsorship: Not applicable.
Offering document: Prospectus dated February 17, 2022 (the "Prospectus"), which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Additional Information: The USD Unhedged Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the USD Unhedged Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review.
Initial public offering: 100,000 CAD Hedged Units will be issued at a subscription price of C$10.00 per CAD Hedged Unit, 100,000 CAD Unhedged Units will be issued at a subscription price of C$10.00 per CAD Unhedged Unit and 100,000 USD Unhedged Units will be issued at a subscription price of US$10.00 per USD Unhedged Unit. Evolve ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of Evolve ETF and there is no minimum number of Units that may be offered.
TSX contact: Selma Thaver,
TSX Listings