Exchange Bulletin
Horizons Blockchain Technology & Hardware Index ETF (BKCH, BKCH.U) To Trade On Toronto Stock Exchange
Issuer: Horizons Blockchain Technology & Hardware Index ETF
Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
---|---|---|---|---|
Class A units ("Class A Units") | BKCH, BKCH.U | 250,001 | None | CAD $25.00 |
Listing category: | Non-Corporate |
Trading currency: | CDN$, US$ |
Transaction: | Initial public offering of Class A Units (the "Offering") |
Listing date: | June 20, 2018 (as at 5:01 pm) in anticipation of closing of the Offering. |
Anticipated closing date: | June 21, 2018 (prior to the opening) |
Posted for trading date: | June 21, 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 only system |
Investor relations: | Martin Fabregas Tel.: (416) 601-2508 mfabregas@horizonsetfs.com |
Incorporation: | The ETF is an open-end mutual fund established under the laws of Ontario, on June 11, 2018 pursuant to an amended and restated master declaration of trust. |
Manager and Trustee: | Horizons ETFs Management (Canada) Inc. |
Fiscal year end: | December 31 |
Nature of business: | The ETF seeks to replicate, to the extent possible, the performance of the Solactive Blockchain Technology & Hardware Index (the "Underlying Index"), net of expenses. The Underlying Index tracks a portfolio of global companies focusing directly on blockchain innovation and development as well as companies providing hardware and hardware-related services used in blockchain applications |
Transfer agent and registrar: | AST Trust Company (Canada) at its principal office in Toronto. |
Distributions: | The ETF is not expected to make regular cash distributions. Cash distributions, if any, to Unitholders of the ETF, net of fees and expenses, will be made at the discretion of the Manager. Such distributions, if any, to Unitholders of the ETF will be paid in Canadian dollars. |
Sponsorship: | Not applicable |
Offering document: | Prospectus dated June 11, 2018, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: | 250,001 Class A Units will be issued at a subscription price of CAD $25.00 per Unit. The ETF is authorized to issue an unlimited number of Class A Units, each of which represents an equal, undivided interest in the net assets of the ETF. Class A Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Class A Units that may be issued. |
TSX contact: | Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange. |