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Exchange Bulletin

Brompton Flaherty & Crumrine Investment Grade Preferred ETF (BPRF) To Trade On Toronto Stock Exchange


October 16, 2018

Issuer: Brompton Flaherty & Crumrine Investment Grade Preferred ETF (the "ETF")

SecuritySymbolIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Units BPRF 40,000 None $25.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Units (the "Offering")
Anticipated closing date: October 15, 2018
Listing date: October 17, 2018 (as at 5:01 pm) subject to confirmation of closing of the Offering.
Posted for trading date: October 18, 2018 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: RBC Capital Markets
Security ownership registration: Non-certificated, book-based system administered by CDS
Investor relations: Christopher Cullen
Senior Vice President
(416) 642-9064
cullen@bromptongroup.com
Incorporation: The ETF is an exchange traded mutual fund established under the laws of the Province of Ontario pursuant to a declaration of trust dated October 5, 2018.
Manager and Trustee: Brompton Funds Limited
Fiscal year end: December 31
Nature of business: The ETF will invest in an actively managed portfolio consisting primarily of preferred and income-producing corporate securities, including traditional preferred stock, trust preferred securities, hybrid securities that have characteristics of both equity and debt securities, contingent capital securities, subordinated debt, and senior debt of North American issuers or of Canadian or U.S. dollar denominated securities of global issuers.
Transfer agent and registrar: TSX Trust Company at its principal office in Toronto.
Distributions: Cash distributions of income, if any, will be payable monthly.
Sponsorship: Not applicable
Offering document: Prospectus dated October 5, 2018, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 40,000 Units will be issued at a subscription price of $25.00 per 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. 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.