Exchange Bulletin
BMO Covered Call Spread Gold Bullion ETF (ZWGD) To Trade On Toronto Stock Exchange
May 26, 2025
Issuer: BMO Covered Call Spread Gold Bullion ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| CAD Units | ZWGD | 50,000 | None | $30 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of CAD Units (the "Units") (the "Offering"). |
| Anticipated closing date: | May 27, 2025 |
| Listing date: | May 26, 2025 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | May 27, 2025 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Investor relations: | Sara Petrcich Head of Exchange Traded Funds and Structured Solutions BMO Asset Management Inc. (416) 263-0487 sara.petrcich@bmo.com |
| Incorporation: | The ETF is a trust established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated May 14, 2025. |
| Manager and Trustee: | BMO Asset Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to provide long-term capital appreciation through exposure to the price of gold bullion, net of fees and expenses, by investing directly or indirectly in long-term holdings of unencumbered gold bullion, while mitigating some downside risk through the use of a covered call spread strategy. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal offices in Toronto. |
| Distributions: | Cash distributions on Units of the ETF, if any, are expected to be made on a monthly basis. |
| Sponsorship: | Not applicable. |
| Offering Document: | Simplified Prospectus dated May 14, 2025 (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 issued at a subscription price of CDN $30 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 |