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Exchange Bulletin

Evolve Active US Core Equity ETF (CAPS, CAPS.B) To Trade On Toronto Stock Exchange


October 12, 2017

Issuer: Evolve Active US Core Equity ETF (the "ETF")

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Hedged Units CAPS 30051L 20 7 50,000 None C$20.00
Unhedged Units CAPS.B 30051L 10 8 50,000 None C$20.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Hedged Units and Unhedged Units (collectively, the "Units") (the "Offering")
Listing date: October 13, 2017 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: October 16, 2017 (prior to the opening)
Posted for trading date: October 16, 2017 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: CIBC World Markets Inc.
Security ownership registration: CDS book-entry only system
Investor relations: Elliot Johnson
Tel: (416) 572-2110
Email: ejohnson@evolvefunds.com 
Incorporation: Exchange traded mutual fund trust established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated August 14, 2017.
Manager and Trustee: Evolve Funds Group Inc.
Fiscal year end: December 31
Nature of business: The ETF seeks to provide holders of Units with long-term capital appreciation by investing primarily in equity securities of U.S. listed large-capitalization companies using a selection process that combines quantitative techniques, fundamental analysis and risk management.
Transfer agent and registrar: TSX Trust Company
Distributions Cash distributions of income, if any, on Units will be payable on a semi-annual basis.
Additional Information: Any exposure of the portion of the portfolio of the ETF that is attributable to Unhedged Units may have to foreign currencies will not be hedged back to the Canadian dollar. All or substantially all of the exposure that the portion of the portfolio of an Evolve ETF attributable to the Hedged Units may have to foreign currencies, as applicable, will be hedged back to the Canadian dollar.
Sponsorship: Not applicable
Offering document: Prospectus dated August 14, 2017 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 50,000 Hedged Units and 50,000 Unhedged Unit will be issued at a subscription price of $20.00 per Unit. The ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of the ETF. 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: Julie K. Shin,
Listed Issuer Services,
Toronto Stock Exchange.