Bulletin de la Bourse
Evolve Automobile Innovation Index ETF (CARS, CARS.B) inscrit à la Bourse de Toronto
Issuer: Evolve Automobile Innovation Index ETF (the "ETF")
Security | Symbol | CUSIP | Issued and Outstanding Securities | Reserved Securities | Issue Price |
---|---|---|---|---|---|
Hedged Units | CARS | 30052J 10 2 | 50,000 | None | C$20.00 |
Unhedged Units | CARS.B | 30052J 20 1 | 50,000 | None | C$20.00 |
Listing category: | Non-Corporate |
Trading currency Hedged Units and Unhedged Units: | CDN$ |
Transaction: | Initial public offering of Hedged Units, Unhedged Units (collectively, the "Units") (the "Offering") |
Listing date: | September 28, 2017 (as at 5:01 pm) in anticipation of closing of the Offering. |
Anticipated closing date: | September 29, 2017 (prior to the opening) |
Posted for trading date: | September 29, 2017 (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 |
Investor relations: | Elliot Johnson Tel: (416) 572-2110 Email: ejohnson@evolvefunds.com |
Incorporation: | Exchange traded mutual fund trust established under the laws of the Province of Ontario pursuant to a master declaration of trust dated August 4, 2017. |
Manager and Trustee: | Evolve Funds Group Inc. |
Fiscal year end: | December 31 |
Nature of business: | The ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Future Cars Index Canadian Dollar Hedged, or any successor thereto. The ETF invests primarily in equity securities of companies that are directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles. |
Transfer agent and registrar: | TSX Trust Company |
Distributions | Cash distributions of income, if any, on Units will be payable on a monthly basis in the currency in which the Units are denominated. |
Additional Information: | Any foreign currency exposure of the portion of the Unhedged Units will not be hedged back to the currency in which the Units are denominated. All or substantially all of the exposure that the portion of the portfolio of the ETF attributable to Hedged Units may have to foreign currencies will be hedged back to the Canadian dollar. |
Sponsorship: | Not applicable |
Offering document: | Prospectus dated August 4, 2017 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: | 50,000 Hedged Unit, and 50,000 Unhedged Units will be issued at a subscription price of C$20.00 per Unit. 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. |
TSX contact: | Julie K. Shin, Listed Issuer Services, Toronto Stock Exchange. |