Exchange Bulletin

RBC U.S. Banks Yield Index ETF (RUBY, RUBY.U) To Trade On Toronto Stock Exchange

May 11, 2018

Issuer: RBC U.S. Banks Yield Index ETF (the "ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
CAD Units RUBY 150,000 None CDN $20.00
USD Units RUBY.U 100,000 None US $15.66
Listing category: Non-Corporate
Trading currency CAD Units: CDN$
Trading currency USD Units: US$
Transaction: Initial public offering of CAD Units and USD Units (together, the "Units") (the "Offering")
Anticipated closing date: May 11, 2018
Listing date: May 14, 2018 (as at 5:01 pm) subject to confirmation of closing of the Offering.
Posted for trading date: May 15, 2018 (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 system
Investor relations: Stephen HoffmanVice President,
Exchange Traded Funds
(416) 955-5321
Incorporation: The ETF was established under the laws of the Province of Ontario pursuant to an amended and restated master declaration of trust dated as of April 20, 2018.
Manager and Trustee: RBC Global Asset Management Inc.
Fiscal year end: December 31
Nature of business: The ETF seeks to replicate, to the extent possible and before fees and expenses, the performance of a U.S. bank stocks index. Currently, the ETF seeks to track the Solactive U.S. Banks Yield Index (or any successor thereto).
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: Cash distributions on Units of the ETF are expected to be made monthly in the currency in which Units are denominated.
Sponsorship: Not applicable
Offering document: Prospectus dated April 25, 2018, which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Additional Information: The USD Units will be quoted and traded on Toronto Stock Exchange in US funds and trading information regarding the USD Units will appear under the heading "Trading in US Funds" in the TSX Monthly Review.
Initial public offering: 150,000 CAD Units will be issued at a subscription price of CDN$20.00 and 100,000 USD Units at a subscription price of US$15.66 per USD 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. The 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, Director,
Listed Issuer Services,
Toronto Stock Exchange.