Exchange Bulletin

Horizons 0-3 Month U.S. T-Bill ETF (UBIL.U) To Trade On Toronto Stock Exchange


April 11, 2023

Issuer: Horizons 0-3 Month U.S. T-Bill ETF (the "ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Class A units (the "Units") UBIL.U 600,001 None US$50.00
Listing category: Non-Corporate
Trading currency: US$
Transaction: Initial public offering of the Units (the "Offering")
Listing date: April 12, 2023 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: April 13, 2023 (prior to the opening)
Posted for trading date: April 13, 2023 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: National Bank Financial Inc.
Investor relations: Martin Fabregas
Tel.: (416) 601-2508
mfabregas@horizonsetfs.com
Incorporation: The ETF is an open-end mutual fund trust established under the laws of Ontario, on April 4, 2023 pursuant to an amended and restated master declaration of trust.
Manager: Horizons ETFs Management (Canada) Inc.
Fiscal year end: December 31
Nature of business: The ETF seeks to provide interest income through exposure to U.S. Treasury Bills with remaining maturities generally less than 3 months.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: It is anticipated that the ETF will make distributions to its Unitholders on a monthly basis.
Sponsorship: Not applicable
Offering document: Prospectus dated April 4, 2023 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Additional information: Participating Organizations should note that all trades in the ETF will be on a T+1 settlement on a permanent basis.
 
The Units will be traded in U.S. funds. Accordingly, they will appear under the heading U.S. funds in newspapers and the Exchange's Daily Record and Monthly Review.
Initial public offering: 600,001 Units will be issued at a subscription price of US$50.00 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: Selma Thaver,
Managing Director,
TSX Listings