Exchange Bulletin
CI U.S. Enhanced Value Index ETF (CVLU, CVLU.B) To Trade On Toronto Stock Exchange
January 12, 2024
Issuer: CI U.S. Enhanced Value Index ETF ("CI ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Hedged Common Units | CVLU | 50,000 | None | C$20.00 |
| Unhedged Common Units | CVLU.B | 50,000 | None | C$20.00 |
| Listing category: | Non-Corporate |
| Trading currency - Hedged Common Units and Unhedged Common Units: |
CDN$ |
| Transaction: | Initial public offering (the "Offering") of Hedged Common Units and Unhedged Common Units (collectively, the "Units"). |
| Listing date: | January 15, 2024 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Anticipated closing date: | January 16, 2024 (prior to the opening). |
| Posted for trading date: | January 16, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | RBC Dominion Securities Inc. |
| Investor relations: | Geraldo Ferreira Senior Vice-President, Investment and Product Management CI Global Asset Management 416-681-7723 gferreira@ci.com |
| Incorporation: | An exchange traded mutual fund established under the laws of the Province of Ontario pursuant the amended and restated declaration of trust dated December 15, 2023. |
| Manager: | CI Investments Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | CI ETF seeks to track, to the extent reasonably possible, the performance of a portfolio of large and mid-cap U.S. equity securities that exhibit high value characteristics, net of expenses. Currently, the Hedged Common Units of CI ETF seek to track the VettaFi US Enhanced Value Index (CAD Hedged) or any successor thereto; and the Unhedged Common Units of CI ETF seek to track the VettaFi US Enhanced Value Index or any successor thereto. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | Cash distributions of income, if any, on the Units will be paid quarterly. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated December 15, 2023 (the "Offering Document") which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Offering Document. |
| Initial public offering: | The Hedged Common Units will be issued at a subscription price of C$20.00 per Hedged Common Unit. The Unhedged Common Units will be issued at a subscription price of C$ 20.00 per Unhedged Common Unit. CI ETF is authorized to issue an unlimited number of Units, each of which represents an undivided interest in the net assets of CI ETF. The Units of CI 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, Managing Director, TSX Listings |