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Exchange Bulletin

Sphere FTSE Europe Sustainable Yield Index ETF (SHE) To Trade On Toronto Stock Exchange


April 18, 2016

Sphere FTSE Europe Sustainable Yield Index ETF (the “ETF”) – An application has been granted for the original listing in the Non-Corporate Issuer category of 200,000 hedged common units (the “Hedged Common Units”) of the ETF, all of which will be issued and outstanding, upon the completion of an initial public offering.

Listing of the Hedged Common Units will become effective at 5:01 p.m. on Monday, April 18, 2016 in anticipation of the offering closing prior to the opening of trading on Tuesday, April 19, 2016. The Hedged Common Units will be posted for trading at the opening on Tuesday, April 19, 2016 upon confirmation of closing.

The ETF is authorized to issue an unlimited number of Hedged Common Units, each of which represents an undivided interest in the net assets of the ETF. The Hedged Common Units are being offered for sale on a continuous basis and there is no maximum number of Hedged Common Units that may be issued.

Registration of interests in, and transfers of, Hedged Common Units will be made only through the book-entry only system of CDS Clearing and Depository Services Inc. (“CDS”). Hedged Common Units of the ETF must be purchased, transferred and surrendered for redemption only through a CDS Participant. Upon buying ETF Hedged Common Units, the owner will receive only the customary confirmation.

Additional information on the Hedged Common Units may be found in the final prospectus of the ETF dated March 30, 2016 (the “Prospectus”) which is available at www.SEDAR.com. Capitalized terms not otherwise defined below are as defined in the Prospectus.

Stock Symbol: "SHE" CUSIP: 84841W 10 6 Trading Currency: CDN$

 

Designated Market Maker: CIBC World Markets Inc.
Other Markets: None
Head Office Address: 161 Bay Street
Suite 2820
Toronto, Ontario M5J 2S1
Email Address: info@sphereetfs.com
Website Address: www.sphereetfs.com
Head Office Telephone Number: (416) 687-6347
Fax Number: (416) 981-7111
Investor Relations: Matt Coorsh
Tel.: 1-800-764-0526
Email: info@sphereetfs.com
Manager: Sphere Investment Management Inc.
Transfer Agent & Registrar: State Street Trust Company of Canada at its principal office in Toronto.
Chief Financial Officer & Corporate Secretary: John Durfy
Fiscal Year End: December 31
Incorporation: The ETF is an exchange traded mutual fund established under the laws of the Province Ontario pursuant to master declaration of trust dated March 30, 2016.
Nature of Business: The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the FTSE Developed Europe Sustainable Yield 150 10% Capped 100% Hedge CAD Index, or any successor thereto. The ETF invests directly or indirectly in up to 150 equity securities of public issuers from countries within the region classified by FTSE as developed Europe, exhibiting relatively high and sustainable yields, as at the time of reconstitution or balancing.
Distributions: Cash distributions of income, if any, on the Hedged Common Units are expected to be made at least quarterly.
Issuance of Units: Pursuant to the Prospectus, 200,000 Hedged Common Units will be initially issued at a subscription price of $10.00 per Hedged Common Unit.