Exchange Bulletin
Hamilton Enhanced U.S. Covered Call ETF (HYLD, HYLD.U) To Trade On Toronto Stock Exchange
February 4, 2022
Issuer: Hamilton Enhanced U.S. Covered Call ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| CDN$ Hedged Units | HYLD | 125,001 | None | C$16.00 |
| US$ Unhedged Units | HYLD.U | 125,001 | None | US$16.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ (HYLD), US$ (HYLD.U) |
| Transaction: | Initial public offering of CDN$ Hedged Units and US$ Unhedged Units (together, the "Units") (the "Offering") |
| Listing date: | February 7, 2022 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | February 8, 2022 (prior to the opening) |
| Posted for trading date: | February 8, 2022 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | TD Securities Inc. |
| Security ownership registration: | CDS book-entry only system |
| Investor relations: | Patrick Sommerville Tel.: (416) 941-9250 psommerville@hamiltonetfs.com -and- David Kidane Tel.: (416) 941-9681 dkidane@hamiltonetfs.com -and- Alexei Vertan Tel.: (438) 771-4344 avertan@hamiltonetfs.com |
| Incorporation: | The ETF is an exchange-traded mutual fund established under the laws of Ontario on January 19, 2022 pursuant to an amended and restated master declaration of trust and is also an alternative mutual fund under applicable securities legislation. |
| Manager and Trustee: | Hamilton Capital Partners Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The investment objective of the ETF is to replicate, to the extent reasonably possible and before the deduction of fees and expenses, a multiple of the performance of a rules-based, equal-weighted, diversified by sector index of U.S.-focused covered call ETFs. Specifically, the ETF seeks to replicate a 1.25 times multiple of the Solactive U.S. Covered Call ETFs Index (or any successor thereto). The ETF will use leverage in order to seek to achieve its investment objective. Leverage will be created through the use of cash borrowings or as otherwise permitted under applicable securities legislation. |
| Transfer agent and registrar: | TSX Trust Company at its principal offices in Toronto. |
| Distributions: | It is anticipated that the ETF will make distributions on a monthly basis. Such distributions will be paid in cash unless a Unitholder is participating in the Reinvestment Plan. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated January 19, 2022, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Additional Information: | The Units trading under symbol "HYLD.U" will be quoted and traded on TSX in US funds and trading information regarding "HYLD.U" will appear under the heading "Trading in US Funds" in the TSX Monthly Review. |
| Initial public offering: | 125,001 CDN$ Hedged Units will be issued at a subscription price of C$16.00 per CDN$ Hedged Unit and 125,001 US$ Unhedged Units will be issued at a subscription price of US$16.00 per US$ Unhedged 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: | Selma Thaver, Director, TSX Listings |