Exchange Bulletin
Desjardins RI Active Canadian Bond - Low CO2 ETF (DRCU) To Trade On Toronto Stock Exchange
Issuer: Desjardins RI Active Canadian Bond - Low CO2 ETF
|
Security |
Symbol |
Issued and Outstanding Securities |
Reserved Securities |
Issue Price |
|
Units ("Units") |
DRCU |
300,000 |
None |
$20.00 |
|
Listing category: |
Non-Corporate |
|
Trading currency: |
CDN$ |
|
Transaction: |
Initial public offering of Units (the "Offering") |
|
Listing date: |
September 26, 2018 (as at 5:01 pm) in anticipation of closing of the Offering. |
|
Anticipated closing date: |
September 27, 2018 (prior to the opening) |
|
Posted for trading date: |
September 27, 2018 (at the opening) subject to confirmation of closing of the Offering. |
|
Other market(s): |
None |
|
Designated market maker: |
BMO Nesbitt Burns Inc. |
|
Security ownership registration: |
CDS book-entry only system |
|
Investor relations: |
Jay Aizanman Tel.: (514) 350-8686 ext 5572771 |
|
Incorporation: |
Exchange traded mutual fund established under the laws of the province of Québec, on August 29, 2018 pursuant to a declaration of trust. |
|
Manager: |
Desjardins Global Asset Management Inc. |
|
Trustee: |
Desjardins Trust Inc. |
|
Fiscal year end: |
December 31 |
|
Nature of business: |
The ETF seeks to achieve a total return comprised of income and long-term capital appreciation by actively investing primarily in debt securities issued by Canadian governments, government agencies and corporations that meet certain ESG criteria determined by the Manager, including at the Manager's discretion, debt securities of issuers that reduce the investment carbon intensity levels of the overall portfolio. |
|
Transfer agent and registrar: |
State Street Trust Company Canada at its principal office in Toronto. |
|
Distributions: |
Cash distributions of income, if any, on Units will be payable at least monthly. |
|
Sponsorship: |
Not applicable |
|
Offering document: |
Prospectus dated September 10, 2018, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
|
Initial public offering: |
300,000 Units will be issued at a subscription price of $20.00 per Unit. The ETF is authorized to issue an unlimited number of Units, each of which represents an undivided interest in the net assets of the ETF. 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, Managing Director, Toronto Stock Exchange. |
