Exchange Bulletin
Horizons Active Emerging Markets Bond ETF (HEMB) To Trade On Toronto Stock Exchange
July 30, 2018
Issuer: Horizons Active Emerging Markets Bond ETF
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Class A units ("Class A Units") | HEMB | 250,001 | None | CAD $10.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Class A Units (the "Offering") |
| Listing date: | July 31, 2018 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | August 1, 2018 (prior to the opening) |
| Posted for trading date: | August 1, 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 exchange traded mutual fund trust established under the laws of Ontario, on July 23, 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 investment objective of the ETF is to seek income and long-term capital growth by investing primarily in debt securities of emerging market issuers. The ETF will invest in both fixed rate and floating rate instruments issued by sovereign, quasi sovereign, supranational, and corporate issuers. |
| Transfer agent and registrar: | AST Trust Company (Canada) at its principal office in Toronto. |
| Distributions: | It is anticipated that the ETF will make distributions on a monthly basis. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated July 23, 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 $10.00 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. |
