Search results will open in a new window on TMXMoney.com.

Exchange Bulletin

Exemplar Investment Grade Fund (CORP) To Trade On Toronto Stock Exchange


November 29, 2017

Issuer: Exemplar Investment Grade Fund

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Series ETF units ("Units") CORP 30170G 10 5 50,000 None $20.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Units (the "Offering")
Listing date: November 30, 2017 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: December 1, 2017 (prior to the opening)
Posted for trading date: December 1, 2017 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: National Bank Financial Inc.
Security ownership registration: CDS book-entry only system
Investor relations: Robert Maxwell
rmaxwell@arrow-capital.com
(416) 323-0477
 
Mark Kennedy
mkennedy@arrow-capital.com
(416) 323-0477
Incorporation: The Fund is an open end investment fund trust created under the laws of Ontario and governed by an amended and restated declaration of trust dated November 17, 2017.
Manager and Trustee: Arrow Capital Management Inc.
Fiscal year end: December 31
Nature of business: The investment objectives of the Fund are to generate income and capital preservation by investing in a diversified portfolio of primarily North American investment grade corporate bonds. The Fund will invest primarily in investment grade debt securities of Canadian corporate and government issuers that are rated BBB- or higher by a recognized rating agency. The Fund may also include non-investment grade debt securities and may invest in other asset classes if warranted by financial conditions.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: The Fund expects to make a distribution each month based on a target annualized rate of 3.00% of the NAV per Unit at the end of the prior year. Monthly distributions on Units will be received in cash. There can be no assurance that the Fund will make any distributions in any particular month. Distributions are not guaranteed and may change at any time at the Fund's discretion.
Sponsorship: Not applicable
Offering document: Amended and Restated Simplified Prospectus dated November 17, 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 Units will be issued at a subscription price of $20.00 per Unit. The Fund is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of the Fund. Units of the Fund 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,
Director, Listed Issuer Services,
Toronto Stock Exchange.