Exchange Bulletin
NBI Sustainable Canadian Equity ETF (NSCE) To Trade On Toronto Stock Exchange
Issuer: NBI Sustainable Canadian Equity ETF (the "ETF")
Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
---|---|---|---|---|
Units | NSCE | 50,000 | None | $25.00 |
Listing category: | Non-Corporate |
Trading currency: | CDN$ |
Transaction: | Initial public offering of Units (the "Offering") |
Listing date: | March 3, 2020 (as at 5:01 pm) in anticipation of closing of the Offering. |
Anticipated closing date: | March 4, 2020 (prior to the opening) |
Posted for trading date: | March 4, 2020 (at the opening) subject to confirmation of closing of the Offering. |
Other market(s): | None |
Designated market maker: | National Bank Financial Inc. |
Security ownership registration: | CDS book entry only system |
Investor relations: | Joe Nakhle Tel.: (514) 412-8446 joe.nakhle@bnc.ca |
Incorporation: | The ETF is an exchange-traded fund established as a trust under the laws of the Province of Ontario on January 23, 2020 pursuant to a master declaration of trust. |
Manager: | National Bank Investments Inc. |
Trustee: | Natcan Trust Company |
Fiscal year end: | December 31 |
Nature of business: | The ETF's investment objective is to provide long-term capital growth while following a sustainable approach to investing. It invests, directly or through investments in securities of other mutual funds, in a portfolio comprised primarily of equity securities of Canadian companies. |
Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto. |
Distributions: | Cash distributions on units of the ETF will be paid on quarterly basis. The Manager may, at its discretion, change the frequency of cash distributions, and will issue a press release if such a change is made. The Manager may also make additional distributions in any year if determined to be appropriate. |
Sponsorship: | Not applicable |
Disclosure document: | Prospectus dated January 23, 2020, which is available at www.SEDAR.com. 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 $25.00 per Unit. The ETF is authorized to issue an unlimited number of Units. Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued. |
TSX contact: | Chris Birkett, Director, Toronto Stock Exchange |