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Exchange Bulletin

Evolve Automobile Innovation Index ETF (CARS.U) To Trade On Toronto Stock Exchange


November 1, 2017

Issuer: Evolve Automobile Innovation Index ETF (the "ETF")

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Unhedged Units CARS.U 30052J 30 0 50,000 None US$20.00
Listing category: Non-Corporate
Trading currency: US$
Transaction: Initial public offering of Unhedged Units (the "Offering")
Listing date: November 2, 2017 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: November 3, 2017 (prior to the opening)
Posted for trading date: November 3, 2017, 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 a master declaration of trust dated August 4, 2017.
Manager and Trustee: Evolve Funds Group Inc.
Fiscal year end: December 31
Nature of business: The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Future Cars Index Canadian Dollar Hedged, or any successor thereto. CARS invests primarily in equity securities of companies that are directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles.
Transfer agent and registrar: TSX Trust Company
Distributions Cash distributions of income, if any, on the Unhedged Units will be payable on a monthly basis.
Currency Hedging: Any foreign currency exposure of the portion of the portfolio of the ETF that is attributable to Unhedged Units will not be hedged back to the US$ dollar.
Sponsorship: Not applicable
Offering document: Prospectus dated August 4, 2017 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Additional Information: The Unhedged Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the Unhedged Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review.
Initial public offering: 50,000 Unhedged Units will be issued at a subscription price of C$20.00 per Unhedged Unit. The ETF is authorized to issue an unlimited number of Unhedged Units, each of which represents an equal, undivided interest in the net assets of the ETF. Unhedged Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Unhedged Units that may be issued.
TSX contact: Julie K. Shin,
Listed Issuer Services,
Toronto Stock Exchange.