Exchange Bulletin
Horizons Emerging Markets Leaders ETF (HEMC) To Trade On Toronto Stock Exchange
October 18, 2021
Issuer: Horizons Emerging Markets Leaders ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Class A units (the "Units") | HEMC | 300,001 | None | CAD $10.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of the Units (the "Offering") |
| Listing date: | October 19, 2021 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | October 20, 2021 (prior to the opening) |
| Posted for trading date: | October 20, 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: | Martin Fabregas Tel.: (416) 601-2508 mfabregas@horizonsetfs.com |
| Incorporation: | The ETF is an exchange traded mutual fund established under the laws of Ontario, on September 7, 2021 pursuant to an amended and restated master declaration of trust. |
| Manager: | Horizons ETFs Management (Canada) Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The investment objective of the ETF is to seek long-term capital growth. The ETF generally invests in equity securities of issuers that are: (i) in emerging markets; or (ii) tied economically to emerging markets, provided that the issuers in which the ETF invests are expected to be beneficiaries of the increasing consumption and growing purchasing power of individuals in the world's emerging markets. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | It is anticipated that the ETF may make distributions to its Unitholders on an annual basis at the discretion of the Manager. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated September 7, 2021, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 300,001 Units will be issued at a subscription price of CAD $10.00 per Unit. The ETF is authorized to issue an unlimited number of Units. 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, Managing Director, Toronto Stock Exchange |