Exchange Bulletin
Dynamic Active Real Estate ETF (DXRE) To Trade On Toronto Stock Exchange
June 28, 2024
Issuer: Dynamic Active Real Estate ETF ("Dynamic ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Units (the "Units") | DXRE | 50,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering"). |
| Listing date: | June 28, 2024 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Anticipated closing date: | July 2, 2024 (prior to the opening). |
| Posted for trading date: | July 2, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | National Bank Financial Inc. |
| Investor relations: | Sophia Saeed VP, Investor Relations (416) 933-8869 sophia.saeed@scotiabank.com |
| Incorporation: | An exchange traded mutual fund established under the laws of the Province of Ontario pursuant to the eleventh supplemental dated June 21, 2024 to the amended and restated declaration of trust dated February 3, 2020. |
| Manager and Trustee: | 1832 Asset Management L.P. |
| Fiscal year end: | Dec 31 |
| Nature of business: | Dynamic ETF seeks to achieve long-term capital appreciation and income primarily through investment in a diversified portfolio of businesses around the world with potential for increased value as a result of ownership, management or other investment in real estate assets. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto. |
| Distributions: | Cash distributions on Units of Dynamic ETF, if any, will be made quarterly in the currency in which Units of Dynamic ETF are denominated and are expected to be made periodically. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated June 21, 2024 (the "Prospectus") which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 50,000 Units will be initially issued at a subscription price of $20.00 per Unit. Dynamic ETF is authorized to issue an unlimited number of Units, each of which represents an undivided interest in the net assets of Dynamic ETF. The Units of Dynamic 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 |