Exchange Bulletin
Horizons Cdn Insider Index ETF (HII) To Trade On Toronto Stock Exchange
Horizons Cdn Insider Index ETF (the "ETF") - An application has been granted for the original listing in the Industrial category of 515,000 Class A units (the Units”) of the ETF, all of which will be issued and outstanding upon completion of an initial public offering (the “Offering”).
Listing of the Units will become effective at 5:01 p.m. on Tuesday, January 20, 2015 in anticipation of the Offering closing prior to the opening of business on Wednesday, January 21, 2015. The Units will be posted for trading at the opening of business on Wednesday, January 21, 2015, upon confirmation of the closing.
The ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of the ETF. 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.
Registrations and transfers of Units will be effected through the book-entry only system administered by CDS Clearing and Depository Services Inc. (“CDS”). Beneficial owners of Units will not have the right to receive physical certificates evidencing their ownership of the Units. Units must be purchased, transferred and surrendered for redemption only through a CDS participant.
Additional information on the Units may be found in the prospectus dated January 5, 2015 (the “Prospectus”), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus.
| Stock Symbol: "HII" | CUSIP: 44052N 10 4 | Trading Currency: CDN$ |
| Designated Market Maker: | National Bank of Canada |
| Other Markets: | None |
| Head Office Address: | 26 Wellington Street East Suite 700 Toronto, Ontario M5E 1S2 |
| Website: | www.horizonsetfs.com |
| Email Address: | info@horizonsetfs.com |
| Head Office Telephone Number: | (416) 933-5745 |
| Fax Number: | (416) 777-5181 |
| Investor Relations: | Martin Fabregas Tel.: (416) 601-2508 mfabregas@horizonsetfs.com |
| Chief Financial Officer: | Robert Shea |
| Secretary: | Steven J. Hawkins |
| Incorporation: | The ETF is an open-ended mutual fund established under the laws of the Province of Ontario on January 5, 2015 pursuant to an amended and restated master declaration of trust. |
| Manager and Trustee: | Horizons ETFs Management (Canada) Inc. |
| Fiscal Year End: | December 31 |
| Nature of Business: | The ETF seeks to replicate, to the extent possible, the performance of the INK Canadian Insider Index, net of expenses. The INK Canadian Insider Index is designed to provide exposure to the performance of 50 TSX-listed growth and value stocks with significant insider buying and ownership. |
| Transfer Agent & Registrar: | CST Trust Company at its principal office in Toronto. |
| Distributions and Automatic Reinvestment: | It is anticipated that the ETF will make distributions to its Unitholders on a quarterly basis. Such distributions will be paid in cash, unless a Unitholder is participating in the Reinvestment Plan. |
| Initial Issuance of Units: | Pursuant to the Prospectus, 515,000 Units will be issued at a subscription price of $10.00 per Unit. |
