Exchange Bulletin
Dynamic iShares Active Investment Grade Floating Rate ETF (DXV) To Trade On Toronto Stock Exchange
March 26, 2018
Issuer:
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| units (“Units”) | DXV | 350,000 | None | C$20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the “Offering”) |
| Listing date: | March 27, 2018 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | March 27, 2018 |
| Posted for trading date: | March 28, 2018 (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: | Steven Leong Tel.: (416) 933-6410 steven.leong@blackrock.com |
| Incorporation: | The ETF is an exchange-traded fund established as a trust under the laws of the Province of Ontario pursuant to a master declaration of trust amended and restated as of March 15, 2018. |
| Manager and Trustee: | BlackRock Asset Management Canada Limited |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to provide a floating rate of interest income while preserving capital by investing primarily in Canadian investment grade corporate bonds and through using interest rate derivatives that seek to mitigate the effects of interest rate fluctuations. Exposure to these types of fixed income securities and derivatives will be obtained by investing primarily in Dynamic Active Investment Grade Floating Rate Fund, and/or by investing directly in them, in securities of one or more Other Funds, and/or through the use of derivatives. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto. |
| Distributions: | Cash distributions on Units of the ETF are expected to be made monthly. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated March 15, 2018, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | Units will be issued and sold on a continuous basis. A Unit of the ETF represents an equal beneficial interest in the ETF. The ETF is entitled to issue an unlimited number of Units. Units sold in connection with the initial public offering for the ETF will amount to 350,000 Units at a price of $20.00 per Unit. |
| TSX contact: | Julie K. Shin, Director, Listed Issuer Services, Toronto Stock Exchange. |
