Exchange Bulletin
NBI Sustainable Canadian Corporate Bond ETF (NSCC) To Trade On Toronto Stock Exchange
February 9, 2021
Issuer: NBI Sustainable Canadian Corporate Bond ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Units ("Units") | NSCC | 200,000 | None | $25.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering") |
| Listing date: | February 10, 2021 (as at 5:01 p.m.) in anticipation of closing of the Offering |
| Anticipated closing date: | February 11, 2021 (prior to the opening) |
| Posted for trading date: | February 11, 2021 (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 |
| Investor relations: | Joe Nakhle Tel.: (514) 412-8446 joe.nakhle@bnc.ca |
| Incorporation: | The ETF is an exchange-traded fund established as a trust under the laws of the Province of Ontario on January 28, 2021 pursuant to a master declaration of trust. |
| Manager: | National Bank Investments Inc. |
| Trustee: | Natcan Trust Company |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF's investment objective is to provide a sustained level of current income and capital growth with an emphasis on bonds issued by Canadian corporations with a carbon intensity substantially lower than that of the estimated carbon intensity of the ETF's benchmark, while considering ESG issues, climate risks and contribution to UN sustainable development goals. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of bonds issued by Canadian corporations. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto |
| Distributions: | Cash distributions on Units will be paid on a monthly basis. The Manager may, at its discretion, change the frequency of cash distributions, and will issue a press release if such a change is made. The Manager may also make additional distributions in any year if determined to be appropriate. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated January 28, 2021 (the "Prospectus"), 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 $25.00 per Unit. The ETF is authorized to issue an unlimited number of Units. Units 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, Managing Director, Toronto Stock Exchange |