Search results will open in a new window on

Exchange Bulletin

Dynamic iShares Active Crossover Bond ETF (DXO) To Trade On Toronto Stock Exchange

January 23, 2017

Issuer: Dynamic iShares Active Crossover Bond ETF

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
units ("Units") DXO 26789J 10 0 350,000 None $20.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Units (the "Offering")
Listing date: January 24, 2017 (as at 5:01 pm) subject to confirmation of closing of the Offering.
Anticipated closing date: January 23, 2017
Posted for trading date: January 25, 2017 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: RBC Dominion Securities Inc.
Security ownership registration: CDS book-entry only system
Investor relations: Steven Leong
Tel: (416) 933-6410
Incorporation: The ETF is established as a trust under the laws of the Province of
Ontario pursuant to a master declaration of trust dated as of January 16, 2017.
Manager and Trustee: BlackRock Asset Management Canada Limited
Fiscal year end: December 31
Nature of business: The ETF seeks to provide interest income and the potential for some long-term capital growth by investing primarily in North American fixed income corporate securities that are rated close to the line dividing investment grade and high-yield credit. Exposure to these types of fixed income securities will be obtained by investing primarily in Dynamic Active Crossover Bond Fund, and/or by investing directly in them, in securities of one or more Other Funds, and/or through the use of derivatives.
Transfer agent and registrar: State Street Trust Company Canada at its principal office in Toronto.
Distributions: Cash distributions on Units of the ETF are expected to be made monthly. The ETF will ensure that in each taxation year the net income and net realized capital gains, if any, of the ETF have been distributed to such an extent that the ETF will not be liable in respect of the taxation year for ordinary income tax thereon.
Sponsorship: Not applicable
Offering document: Prospectus dated January 16, 2017, which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: Units will be issued and sold on a continuous basis. A Unit of the ETF represents an equal beneficial interest in the ETF. The ETF is entitled to issue an unlimited number of Units. Units sold in connection with the initial public offering for the ETF will amount to 350,000 Units at a price of $20.00 per Unit.
TSX contact: Julie K. Shin,
Director, Listed Issuer Services,
Toronto Stock Exchange.