Exchange Bulletin
Hamilton Capital Canadian Bank Dynamic-Weight ETF (HCB) To Trade On Toronto Stock Exchange
Issuer: Hamilton Capital Canadian Bank Dynamic-Weight ETF (the "ETF")
Security |
Symbol |
Issued and Outstanding Securities |
Reserved Securities |
Issue Price |
Class E units ("Class E Units") |
HCB |
625,001 |
None |
$16.00 |
Listing category: |
Non-Corporate |
Trading currency: |
CDN$ |
Transaction: |
Initial public offering of Class E Units (the "Offering") |
Listing date: |
October 1, 2018 (as at 5:01 pm) in anticipation of closing of the Offering. |
Anticipated closing date: |
October 2, 2018 (prior to the opening) |
Posted for trading date: |
October 2, 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: |
Patrick Sommerville Tel.: (416) 941-9250 psommerville@hamilton-capital.com and Daniel Carthew Tel.: (416) 941-9681 dcarthew@hamilton-capital.com |
Incorporation: |
The ETF is an exchange traded mutual fund established under the laws of Ontario on August 9, 2018 pursuant to a master declaration of trust. |
Manager and Trustee: |
Hamilton Capital Partners Inc. |
Fiscal year end: |
December 31 |
Nature of business: |
The investment objective of the ETF is to generate long-term returns consisting of long-term capital growth as well as regular dividend income by investing in an equity portfolio of Canadian banks. The ETF will employ a proprietary rules-based portfolio rebalancing methodology in an effort to improve the return potential of the ETF. |
Transfer agent and registrar: |
AST Trust Company (Canada) at its principal office in Toronto. |
Distributions: |
Cash distributions on Units of the ETF will be made monthly. |
Sponsorship: |
Not applicable |
Offering document: |
Prospectus dated August 9, 2018, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
Initial public offering: |
625,001 Class E Units will be issued at a subscription price of $16.00 per Class E Unit. The ETF is authorized to issue an unlimited number of Class E Units, each of which represents an equal, undivided interest in the net assets of the ETF. Class E Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Class E Units that may be issued. |
TSX contact: |
Julie K. Shin, Managing Director, Toronto Stock Exchange. |