Exchange Bulletin
TD Canadian Bank Dividend Index ETF (TBNK) To Trade On Toronto Stock Exchange
April 25, 2023
Issuer: TD Canadian Bank Dividend Index ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| CAD Units | TBNK | 40,000 | None | $25.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of CAD Units (the "Offering") |
| Anticipated closing date: | April 27, 2023 |
| Listing date: | April 26, 2023 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | April 27, 2023 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | TD Securities Inc. |
| Investor relations: | Huck Oon (416) 308-9049 Huck.Oon@td.com |
| Incorporation: | The ETF is an exchange-traded mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended master declaration of trust dated February 21, 2023. |
| Manager and Trustee: | TD Asset Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to track, to the extent reasonably possible and before the deduction of fees and expenses, the performance of a Canadian bank dividend index that measures the investment return of equity securities of the largest Canadian banks. The Index uses a rules-based weighting methodology that ranks the Constituent Issuers based on dividend growth and puts more weight in the issuers with higher dividend growth. Currently, this ETF seeks to track the Solactive Canadian Bank Dividend Index (CA NTR) (or any successor thereto). |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | Cash distributions, if any, will be payable monthly. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated February 23, 2023, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 40,000 CAD Units will be issued at a subscription price of $25.00 per CAD Unit. The ETF is authorized to issue an unlimited number of CAD Units. The CAD Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of CAD Units that may be issued. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |