Exchange Bulletin
Tralucent Global Alt (Long/Short) Equity Fund (TGAF) To Trade On Toronto Stock Exchange
November 14, 2023
Issuer: Tralucent Global Alt (Long/Short) Equity Fund (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Class E Units ("Units") | TGAF | 60,000 | None | $18.35 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering") |
| Anticipated closing date: | November 16, 2023 |
| Listing date: | November 15, 2023 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | November 16, 2023 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Investor relations: | Iqbal (Bill) Siddiqui President, CEO, Secretary and CCO bill@tralucent.ca 519-835-7183 |
| Incorporation: | The ETF is a mutual fund organized as an open-ended unit trust governed by the laws of the province of Ontario and established under a Declaration of Trust. The ETF is an "alternative mutual fund" as defined in NI 81-102. |
| Manager and Trustee: | Tralucent Asset Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks short and long-term capital growth and to exceed the growth of the MSCI World Index over a five year period by primarily investing on a long-short basis in exchange traded securities. The ETF may use leverage through the use of cash borrowings, short sales and derivatives. If used, the aggregate amount of cash borrowing and the market value of the securities sold short will not exceed 50% of the ETF's NAV, and the aggregate amount of cash borrowing, the market value of the securities sold short and the notional amount of derivatives used for non-hedging purposes will not exceed 300% of the ETF's NAV. |
| Transfer agent and registrar: | TSX Trust Company at its principal offices in Toronto. |
| Distributions: | The ETF does not anticipate making regular distributions to unitholders. |
| Sponsorship: | Not applicable |
| Offering document: | Simplified Prospectus dated October 11, 2023, which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 60,000 Units will be issued at a subscription price of $18.35 per Unit. Units 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, Managing Director, TSX Listings |