Exchange Bulletin
Picton Mahoney Fortified Investment Grade Alternative Fund (PFIG) To Trade On Toronto Stock Exchange
November 11, 2024
Issuer: Picton Mahoney Fortified Investment Grade Alternative Fund (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| ETF units (the "Units") | PFIG | 100,000 | None | $10.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering") |
| Anticipated closing date: | November 8, 2024 |
| Listing date: | November 11, 2024 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Posted for trading date: | November 12, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | TD Securities Inc. |
| Investor relations: | Cindy Persaud Vice President, Operations Tel: (416) 955-4111 Email: cpersaud@pictonmahoney.com - and - Patrick Laurence Vice President, Operations Tel: (416) 955-4758 Email: plaurence@pictonmahoney.com |
| Incorporation: | An alternative mutual fund organized as an open-ended fund trust governed under the laws of the Province of Ontario pursuant to a declaration of trust dated September 19, 2018, as amended and restated as of June 26, 2019, July 7, 2020, August 17, 2020, July 8, 2021, April 20, 2022, October 28, 2022, April 26, 2023, October 27, 2023 and further amended and restated October 31, 2024 to accommodate the addition of the Units and the formation of the ETF. |
| Manager and Trustee: | Picton Mahoney Asset Management |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to enhance yield and return potential through exposure to high-quality, investment-grade credit. The ETF invests primarily in North American investment grade corporate and government debt securities. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | Net Income distributions, if any on the Units of the ETF will be paid in cash and are expected to be paid monthly, and net capital gains distributions, if any on the Units of the ETF will be paid in cash and are expected to be paid annually in December. |
| Sponsorship: | Not applicable |
| Offering document: | Simplified Prospectus dated October 31, 2024 (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: | 100,000 Units will be issued at a subscription price of $10.00 per Unit. The 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 |