Exchange Bulletin

PowerShares FTSE RAFI Global Small-Mid Fundamental ETF (PZW, PZW.U) To Trade On Toronto Stock Exchange


May 6, 2015

PowerShares FTSE RAFI Global Small-Mid Fundamental ETF (the “PowerShares ETF”) - An application has been granted for the original listing in the Industrial category of 50,000 CAD Units, all of which will be issued and outstanding, upon the completion of an initial public offering (the “Offering”).

An application has also been granted for the original listing of 50,000 USD Units, all of which will be issued and outstanding upon completion of the Offering. The USD 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.

Listing of the CAD Units and USD Units (collectively, the “Units”) will become effective at 5:01 p.m. on Tuesday, May 5, 2015 in anticipation of the offering closing prior to the opening on Wednesday, May 6, 2015. The Units will be posted for trading at the opening on May 6, 2015 upon confirmation of the closing.

The PowerShares ETF is authorized to issue an unlimited number of Units each of which represents an equal, undivided interest in the assets of the PowerShares ETF. Units of the PowerShares ETF are being issued and sold on a continuous basis and there is no maximum number that may be issued.

Registration of interests in, and transfers of, the Units will be made only through the book-entry only system of CDS Clearing and Depository Services Inc. (“CDS”). Units must be purchased, transferred and surrendered for exchange or redemption only through a CDS Participant. Beneficial owners will not have the right to receive physical certificates evidencing their ownership.

Additional information on the Units may be found in the final prospectus of the ETF dated April 17, 2015 the “Prospectus”) which is available at www.SEDAR.com. Capitalized terms not otherwise defined below are as defined in the Prospectus.

 

CAD Units

Stock Symbol: "PZW" CUSIP: 73939J 10 1 Trading Currency: CDN$

USD Units

Stock Symbol: "PZW.U" CUSIP: 73939J 20 0 Trading Currency: US$

 

Designated Market Maker: RBC Capital Markets
Other Markets: None
Head Office Address: 5140 Yonge Street
Suite 800
Toronto, ON
M2N 6X7
Email Address: inquiries@invesco.ca
Website Address: www.powershares.ca
Head Telephone Number: (416) 590-9855
Fax Number: (416) 590-9868
Investor Relations: Aysha Mawani
(416) 324-7712
aysha.mawani@invesco.com
Manager: Invesco Canada Ltd.
Transfer Agent & Registrar: CST Trust Company at its principal office in Toronto.
Chief Financial Officer: David C. Warren
Secretary: Eric J. Adelson
Fiscal Year End: December 31
Incorporation: The PowerShares ETF was established under the laws of the Province of Ontario on April 10, 2015 pursuant to a master declaration of trust executed by Invesco Canada Ltd., as trustee.
Nature of Business: The PowerShares ETF seeks to generate capital growth over the long term by investing directly or indirectly, primarily in equities of small and medium-sized companies from developed markets globally.
Distributions and Automatic Reinvestment: Cash distributions will be paid on a quarterly basis. Cash distributions consist primarily of income but may, include capital gains and/or returns of capital. Capital gains distributions, if any, will be paid annually and, net of taxes required to be withheld, will be automatically reinvested in additional Units. Immediately following such reinvestment, the number of Units outstanding will be consolidated so that the NAV per Unit following the capital gains distribution and reinvestment is the same as it would have been if the distribution had not been paid.
Initial Issuance of Units: Pursuant to the Prospectus 50,000 CAD Units will be issued at a price of CDN$20.00 per CAD Unit and 50,000 USD Units will be issued at a price of US$16.71 per USD Unit.