Search results will open in a new window on

Exchange Bulletin

Horizons Global Risk Parity ETF (HRA) To Trade On Toronto Stock Exchange

July 20, 2016

Issuer: Horizons Global Risk Parity ETF

SecuritySymbolCUSIPIssued and Outstanding SecuritiesReserved SecuritiesIssue Price
Class E units ("Class E Units") HRA 44053K 10 9 1,000,001 None $10.00
Listing category: Non-Corporate
Trading currency: CDN$
Transaction: Initial public offering of Class E Units (the "Offering")
Listing date: July 20, 2016 (as at 5:01 pm) in anticipation of closing of the Offering.
Anticipated closing date: July 21, 2016 (prior to the opening)
Posted for trading date: July 21, 2016 (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: Martin Fabregas Tel.: (416) 601-2508
Corporate Secretary: McGregor Sainsbury
Incorporation: Open-ended mutual fund established under the laws of the Province of Ontario on June 28, 2016 pursuant to an amended and restated master declaration of trust.
Manager and Trustee: AlphaPro Management Inc.
Fiscal year end: December 31
Nature of business: The investment objective of Horizons HRA is to seek long term capital appreciation through the use of asset allocation. Horizons HRA will primarily use exchange traded products to gain exposure to a portfolio of global asset classes with a focus on the forecasted amount of risk that each investment contributes.
Transfer agent and registrar: CST Trust Company at its principal office in Toronto.
Distributions: Horizons HRA is not expected to make regular cash distributions. Cash distributions, if any, to Unitholders of Horizons HRA of income, net of fees and expenses, will be made at the discretion of the Manager.
Sponsorship: Not applicable
Offering document: Prospectus dated June 28, 2016, which is available at Capitalized terms not otherwise defined herein are as defined in the Prospectus.
Initial public offering: 1,000,001 Class E Units will be issued at a subscription price of $10.00 per Unit. Horizons HRA is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of Horizons HRA. Units of Horizons HRA are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued.
TSX contact: Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange.