Bulletin de la Bourse
First Asset U.S. Tactical Sector Allocation Index ETF (FUT) inscrit à la Bourse de Toronto
Issuer: First Asset U.S. Tactical Sector Allocation Index ETF (the "ETF")
Security | Symbol | CUSIP | Issued and Outstanding Securities | Reserved Securities | Issue Price |
---|---|---|---|---|---|
Units (the "Units") | FUT | 31867N 10 6 | 50,000 | None | $20.00 |
Listing category: | Non-Corporate |
Trading currency: | CDN$ |
Transaction: | Initial public offering of Units (the "Offering") |
Listing date: | October 17, 2016 (as at 5:01 pm) in anticipation of closing of the Offering. |
Anticipated closing date: | October 17, 2016 |
Posted for trading date: | October 18, 2016 (at the opening) subject to confirmation of closing of the Offering. |
Other market(s): | None |
Designated market maker: | CIBC World Markets Inc. |
Security ownership registration: | CDS book-entry system |
Investor relations: | Z. Edward Akkawi Tel.: (416) 640-4938 eakkawi@firstasset.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 September 12, 2016. |
Manager and Trustee: | First Asset Investment Management Inc. |
Fiscal year end: | December 31 |
Nature of business: | The First Asset U.S. Tactical Sector Allocation Index ETF has been designed to replicate the performance of the CIBC U.S. Tactical Sector Allocation Index, net of expenses. The First Asset U.S. Tactical Sector Allocation Index ETF invests primarily in equity and fixed income securities of U.S. exchange traded funds. |
Transfer agent and registrar: | Computershare Trust Company of Canada at its principal office in Toronto. |
Distributions | Any cash distributions of income on the Units of the ETF are expected to be made at least quarterly or more frequently as determined by the Manager in its discretion. |
Sponsorship: | Not applicable |
Offering document: | Prospectus dated August 22, 2016 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: | 50,000 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 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 Director, Listed Issuer Services Toronto Stock Exchange. |