Exchange Bulletin
CIBC International Equity Index ETF (CAD-Hedged) (CIEH) To Trade On Toronto Stock Exchange
February 23, 2023
Issuer: CIBC International Equity Index ETF (CAD-Hedged) (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Common Units | CIEH | 100,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Common Units (the "Offering") |
| Listing date: | February 24, 2023 (as at 5:01 pm) in anticipation of closing of the Offering |
| Anticipated closing date: | February 27, 2023 (prior to the opening) |
| Posted for trading date: | February 27, 2023 (at the opening) subject to confirmation of closing of the Offering |
| Other market(s): | None |
| Designated market maker: | CIBC World Markets Inc. |
| Investor relations: | David Stephenson Director, ETF Strategy Development (416) 242-1409 david.stephenson@cibc.com |
| Incorporation: | The ETF is an exchange-traded mutual fund established under the laws of the province of Ontario, pursuant to the terms of the fifth amendment to the declaration of trust dated January 12, 2023. |
| Manager: | CIBC Asset Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of a broad international equity market index that measures the investment return of publicly traded securities in Europe, Australasia and the Far East, hedged to the Canadian dollar. Currently, the ETF seeks to track the Morningstar® Developed Markets ex-North America Target Market Exposure Hedged CAD Index™ (or any successor thereto). |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | Cash distributions will be made quarterly, if any. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated January 12, 2023 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Offering document. |
| Initial public offering: | 100,000 Common Units will be issued at a subscription price of $20.00 per Common Unit. The Common Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Common Units that may be issued. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |