Bulletin de la Bourse
Evolve Active Global Fixed Income ETF (EARN) inscrit à la Bourse de Toronto
Issuer: Evolve Active Global Fixed Income ETF
Security |
Symbol |
Issued and Outstanding Securities |
Reserved Securities |
Issue Price |
Hedged Canadian dollar denominated units (the "Units") |
EARN |
200,000 |
None |
C$50.00 |
Listing category: |
Non-Corporate |
Trading currency: |
CDN$ |
Transaction: |
Initial public offering of Units (the "Offering") |
Listing date: |
November 13, 2018 (as at 5:01 pm) in anticipation of closing of the Offering. |
Anticipated closing date: |
November 14, 2018 (prior to the opening) |
Posted for trading date: |
November 14, 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 and Non-Certificated Issue |
Investor relations: |
Elliot Johnson Tel: (416) 572-2110 Email: ejohnson@evolvefunds.com |
Incorporation: |
Exchange traded mutual fund trust established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated October 30, 2018. |
Manager and Trustee: |
Evolve Funds Group Inc. |
Fiscal year end: |
December 15 |
Nature of business: |
The investment objectives of the ETF is to generate positive returns throughout the interest rate and economic cycles, firstly by allocating to different credit asset classes, and also through bottom-up individual security selection. The ETF seeks to provide long term returns in excess of the 3 month U.S. dollar London Interbank Offered Rate by investing primarily in global debt securities of corporate issuers. |
Transfer agent and registrar: |
TSX Trust Company |
Distributions |
Cash distributions of income, if any, on Units will be payable on a monthly basis. |
Additional Information: |
All or substantially all of the exposure of the ETF to foreign currencies will be hedged back to the Canadian dollar. |
Sponsorship: |
Not applicable |
Offering document: |
Prospectus dated October 30, 2018 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: |
200,000 Units will be issued at a subscription price of $50.00 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. |