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Bulletin de la Bourse
Evolve Cloud Computing Index Fund (DATA, DATA.B) inscrit à la Bourse de Toronto
7 janvier 2021
Issuer: Evolve Cloud Computing Index Fund (the "Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Hedged Canadian dollar denominated ETF units (the "Hedged ETF Units") | DATA | 100,000 | None | C$20.00 |
| Unhedged Canadian dollar denominated ETF units (the "Unhedged ETF Units") | DATA.B | 50,000 | None | C$20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Hedged ETF Units and Unhedged ETF Units (collectively, the "ETF Units") (the "Offering"). |
| Listing date: | January 8, 2021 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Anticipated closing date: | January 11, 2021 |
| Posted for trading date: | January 11, 2021 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | CIBC World Markets Inc. |
| Security ownership registration: | CDS book entry only system and Non-Certificated Issue. |
| Investor relations: | Elliot Johnson Tel: (416) 572-2110 Email: ejohnson@evolveetfs.com - and - Keith Crone Tel: (416) 572-2111 Email: k.crone@evolveetfs.com |
| Incorporation: | Exchange traded mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated January 4, 2021. |
| Manager and Trustee: | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The Evolve ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Cloud Computing Index Canadian Dollar Hedged, or any successor thereto. The Evolve ETF invests primarily in equity securities of companies located domestically or internationally that have business operations in the field of cloud computing. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Currency hedging: | Any foreign currency exposure of the portion of the portfolio of the Evolve ETF that is attributable to Unhedged ETF Units will not be hedged back to the currency in which the ETF Units are denominated. All or substantially all of the exposure that the portion of the portfolio of the Evolve ETF attributable to Hedged ETF Units may have to foreign currencies will be hedged back to the currency in which the Hedged ETF Units are denominated. |
| Dividends: | Cash distributions of income, if any, on ETF Units will be payable on a monthly basis. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated January 4, 2021 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 100,000 Hedged ETF Units will be issued at a subscription price of C$20.00 per Hedged ETF Unit and 50,000 Unhedged ETF Units will be issued at a subscription price of C$20.00 per Unhedged ETF Unit. The Evolve ETF is authorized to issue an unlimited number of ETF Units, each of which represents an equal, undivided interest in the net assets of the Evolve ETF. ETF Units of the Evolve ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Units that may be issued. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange. |