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Bulletin de la Bourse
Purpose Enhanced Premium Yield Fund (PAYF) inscrit à la Bourse de Toronto
17 mai 2019
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
| ETF Shares | PAYF | 50,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of ETF Shares (the "Offering") |
| Listing date: | May 21, 2019 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Anticipated closing date: | May 21, 2019 |
| Posted for trading date: | May 22, 2019 (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: | Non-certificated inventory (NCI) system of CDS |
| Investor relations: | Som Seif Tel: (416) 583-3856 info@purposeinvest.com - and- Rashay Jethalal Tel: (416) 583-2324 info@purposeinvest.com |
| Incorporation: | Purpose Mutual Funds Limited (formerly Redwood Mutual Funds Limited, LOGIQ Mutual Funds Limited and prior thereto Front Street Mutual Funds Limited) is an open-ended mutual fund corporation currently governed by articles of amalgamation filed under the laws of Canada effective January 26, 2016, as amended on May 12, 2017, January 5, 2018, January 25, 2018 and March 5, 2018. The Fund is a class of shares of Purpose Mutual Funds Limited. |
| Manager: | Purpose Investment Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The Fund seeks to provide long-term capital appreciation and high monthly income by investing in equity markets including by (a) writing cash covered put options to receive premiums and reduce the net cost of acquiring securities and (b) directly investing in equity securities and writing call options on these securities to receive dividends and premiums. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| No Switching of ETF Shares: | ETF Shares of a Fund may not be switched for Mutual Fund Shares of the Fund and vice versa. |
| Dividends: | The Fund expects to make distributions monthly, if any. |
| Sponsorship: | Not applicable |
| Offering document: | Amendment No. 5 dated April 29, 2019 to the simplified prospectus dated May 30, 2018 and Amendment No. 5 dated April 29, 2019 to the annual information form dated May 30, 2018 (the "Offering Documents"), which are available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Offering Documents. |
| Initial public offering: | 50,000 ETF Shares will be issued at a subscription price of $20.00 per ETF Share. ETF Shares are being issued and sold on a continuous basis and there is no maximum number of ETF Shares that may be issued. |
| TSX contact: | Chris Birkett, Director, Listed Issuer Services, Toronto Stock Exchange. |
