Exchange Bulletin
BMO Corporate Bond Index ETF (ZCB) To Trade On Toronto Stock Exchange
Issuer: BMO Corporate Bond Index ETF
Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
---|---|---|---|---|
CAD Units (“Units”) | ZCB | 280,000 | None | $50.00 |
Listing category: | Non-Corporate |
Trading currency: | CDN$ |
Transaction: | Initial public offering of Units (the “Offering”) |
Listing date: | March 6, 2018 (as at 5:01 pm) in anticipation of closing of the Offering. |
Anticipated closing date: | March 7, 2018 |
Posted for trading date: | March 7, 2018 (at the opening) subject to confirmation of closing of the Offering. |
Other market(s): | None |
Designated market maker: | BMO Nesbitt Burns Inc. |
Security ownership registration: | CDS book-entry system |
Investor relations: | Kevin R. Gopaul Head, BMO Global Asset Management Canada (416) 359-7635 kevin.gopaul@bmo.com |
Corporate Secretary: | Benjamin Iraya |
Incorporation: | The ETF was established under the laws of the Province of Ontario pursuant to a master declaration of trust dated February 2, 2018 (as amended or as amended and restated from time to time). |
Manager and Trustee: | BMO Asset Management Inc. |
Fiscal year end: | December 31 |
Nature of business: | The ETF seeks to replicate, to the extent possible, the performance of a corporate bond index, net of expenses. Currently, the ETF seeks to replicate the performance of the Bloomberg Barclays Canadian Corporate Index. |
Transfer agent and registrar: | AST Trust Company (Canada) at its principal offices in Toronto. |
Distributions | Cash distributions on Units of the ETF are expected to be made on a quarterly basis. |
Sponsorship: | Not applicable |
Offering document: | Prospectus dated February 2, 2018, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: | 280,000 Units will be issued at a subscription price of $50.00 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. The 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, Director, Listed Issuer Services, Toronto Stock Exchange. |