Exchange Bulletin

Purpose Strategic Yield Fund (SYLD) To Trade On Toronto Stock Exchange

March 29, 2018

Issuer: Purpose Strategic Yield Fund (the “Fund”)

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
ETF Units SYLD 50,000 None C$20.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of ETF Units (the “Offering”)
Listing date: April 2, 2018 (as at 5:01 p.m.) in anticipation of closing of the Offering.
Anticipated closing date: April 3, 2018 (prior to the opening)
Posted for trading date: April 3, 2018 (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 and Non-Certificated Inventory
Investor relations: Som Seif
Tel.: (416) 583-3856
- and -
Scott Bartholomew
Tel.: (416) 583-3857
Incorporation: The Fund is a mutual fund established as a trust under the laws of the Province of Ontario pursuant to the master declaration of trust dated June 30, 2011, as amended on May 12, 2017, December 15, 2017, December 22, 2017 and February 28, 2018.
Manager and Trustee: Redwood Asset Management Inc.
Fiscal year end: December 31
Nature of business: The Fund seeks to provide investors with a high yield by investing primarily in, or obtaining exposure primarily to, fixed income securities of corporate issuers located in Canada or the United States. Investments in fixed income securities generally will be below investment grade.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
No Switching of ETF Units: Unitholders may not switch Mutual Fund Units for ETF Units or vice versa.
Dividends: The Fund expects to make distributions monthly, if any.
Sponsorship: Not applicable
Offering document: Amended and Restated Simplified Prospectus and the Amended and Restated Annual Information Form both dated March 5, 2018 (the “Offering Documents”), which are available at Capitalized terms not otherwise defined herein are as defined in the Offering Documents.
Initial public offering: 50,000 ETF Units will be issued at a subscription price of $20.00 per ETF Unit. ETF Units are being issued and sold on a continuous basis and there is no maximum number of ETF Units that may be issued.
TSX contact: Julie K. Shin,
Listed Issuer Services,
Toronto Stock Exchange.