Search results will open in a new window on TMXMoney.com.

Exchange Bulletin

Evolve Dividend Stability Preferred Share Index ETF (PREF) To Trade On Toronto Stock Exchange


September 24, 2019

Issuer: Evolve Dividend Stability Preferred Share Index ETF (the "ETF")

Security Symbol Issued and Outstanding Securities Reserved Securities Issue Price
Units PREF 40,000 None $25
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of units (the "Units") (the "Offering")
Listing date: September 25, 2019 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: September 26, 2019 (prior to the opening)
Posted for trading date: September 26, 2019 (at the opening) subject to confirmation of closing of the Offering.
Other market(s): None
Designated market maker: TD Securities Inc.
Security ownership registration: CDS book entry only system, as well as a Non-Certificated Issue
Investor relations: Elliot Johnson
Chief Investment Officer and Chief Operating Officer
(416) 572-2110
ejohnson@evolveetfs.com

Keith Crone
Executive Vice-President, Head of Marketing
(416) 572-2111
kcrone@evolveetfs.com 
Incorporation: Exchange traded mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated September 19, 2019.
Manager and Trustee: Evolve Funds Group Inc.
Fiscal year end: December 31
Nature of Business: The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Dividend Stability Canada Preferred Share Index, or any successor thereto. The ETF invests primarily in preferred equity securities of companies listed in Canada
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: Any foreign currency exposure in the portfolio of the ETF will not be hedged back to the Canadian dollar.
Sponsorship: Not applicable
Offering document: Prospectus dated September 19, 2019 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 per Unit. The ETF is authorized to issue an unlimited number of classes or series 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: Chris Birkett,
Director,
Toronto Stock Exchange