Exchange Bulletin
European Strategic Balanced Fund (EBF.UN) To Trade On Toronto Stock Exchange
European Strategic Balanced Fund (the "Fund") - An application has been granted for the original listing in the Industrial category of up to a maximum of 11,500,000 units, of which up to 10,000,000 units will be issued and outstanding, and up to 1,500,000 units will be reserved for issuance upon completion of an initial public offering (the "Offering").
Listing of the units will become effective at 5:01 p.m. on Monday, May 26, 2014, in anticipation of the public offering closing on Tuesday, May 27, 2014. The units will be posted for trading at the opening on May 27, 2014, upon confirmation of the closing of the Offering.
Registrations of interests in and transfers of the units will be made only through the book-entry only system or the book-based system of CDS Clearing and Depository Services Inc. ("CDS"). Units must be purchased, transferred and surrendered for redemption only through a CDS Participant. Upon purchase of any units, the owner will receive only the customary confirmation.
Additional information on the units may be found in the Fund's final prospectus dated April 29, 2014 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined are as defined in the Prospectus.
| Stock Symbol: "EBF.UN" | CUSIP: 29881L 10 6 | Trading Currency: CDN$ |
| Temporary Market Maker: | RBC Capital Markets |
| Other Markets: | None |
| Head Office Address: | 5 Hazelton Avenue Suite 200 Toronto, Ontario M5R 2E1 |
| Email: | info@artemisfunds.ca |
| Website: | www.artemisfunds.ca |
| Head Office Telephone Number: | (416) 934-7455 |
| Fax Number: | (416) 934-7459 |
| Investor Relations: | Conor Bill Chief Executive Officer & President (647) 547-3432 -or- Trevor Maunder Chief Financial Officer (647) 477-4884 |
| Chief Financial Officer & Secretary: | Trevor Maunder |
| Incorporation: | The Fund is a closed-end investment fund governed by the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated May 23, 2014. |
| Manager of the Fund: | Artemis Investment Management Limited |
| Fiscal Year End: | December 31 |
| Nature of Business: | The Fund will invest the net proceeds of the Offering in three Underlying Portfolios: (i) an equity momentum portfolio, (ii) an equity value portfolio, and (iii) a fixed income portfolio. |
| Transfer Agent & Registrar: | Equity Financial Trust Company at its principal office in Toronto. |
| Distributions: | The Fund intends to pay quarterly cash distributions approximately equal to ¼ of 5.00% of Net Asset Value to Unitholders generally on the last business day of the months of March, June, September and December (each, a "Distribution Record Date"), provided that the NAV following such distribution would exceed $10.00 per Unit. Distributions will be paid on a business day designated by the Trustee that will be on or about the 15th day of the month following the Distribution Record Date. No quarterly distribution will be paid until the NAV per Unit of the Fund exceeds $10.00 and no quarterly distribution will be paid thereafter that would cause NAV per Unit to be below $10.00 as of the date on which the distribution is declared. The amount of quarterly distributions may fluctuate and there can be no assurance that the Fund will make any distribution in any particular quarter or quarters. |
| Public Offering: | Pursuant to the terms of the Prospectus, up to a maximum of 10,000,000 units are being offered to the public by Scotia Capital Inc., BMO Nesbitt Burns Inc., National Bank Financial Inc., RBC Dominion Securities Inc., CIBC World Markets Inc., TD Securities Inc., Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Desjardins Securities Inc., Laurentian Bank Securities Inc., Industrial Alliance Securities Inc., Mackie Research Capital Corporation, Manulife Securities Incorporated and Sherbrooke Street Capital (SCC) Inc., as agents, at a price of $10 per unit. |
