Exchange Bulletin
Dynamic Short Term Credit PLUS Fund (DXCP) To Trade On Toronto Stock Exchange
November 14, 2024
Issuer: Dynamic Short Term Credit PLUS Fund (the "Dynamic ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| ETF Units (the "Units") | DXCP | 50,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering"). |
| Listing date: | November 14, 2024 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Anticipated closing date: | November 15, 2024 (prior to the opening). |
| Posted for trading date: | November 15, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | TD Securities Inc. |
| Investor relations: | Alan Green Vice President, ETFs (416) 565-2453 alan.green@scotiabank.com |
| Incorporation: | Units of an open-end unincorporated mutual fund trust established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated October 23, 2024. |
| Manager and Trustee: | 1832 Asset Management L.P. |
| Fiscal year end: | June 30 |
| Nature of business: | The Dynamic ETF seeks to provide income and to a lesser extent capital appreciation while preserving capital and maintaining liquidity by investing primarily in short- term investment grade fixed income securities issued in North America. The Fund will use alternative investment strategies including the use of leverage created through cash borrowing, short- selling, and derivative contracts. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto. |
| Distributions: | Dynamic ETF generally distributes income on Units, if any, monthly and capital gains on Units, if any, annually in December. Distributions may increase or decrease from period to period. Distributions may occasionally include returns of capital. |
| Sponsorship: | Not applicable |
| Offering document: | Amendment No. 1 dated October 23, 2024 to the Simplified Prospectus dated October 18, 2024 (the "Amendment") which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Amendment. |
| 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 |