Exchange Bulletin
Evolve Global Materials & Mining Enhanced Yield Index ETF (BASE, BASE.B) To Trade On Toronto Stock Exchange
June 10, 2019
Issuer: Evolve Global Materials & Mining Enhanced Yield Index ETF
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
| Hedged ETF Units | BASE | 50,000 | None | $20.00 |
| Unhedged ETF Units | BASE.B | 50,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency Hedged ETF Units and Unhedged ETF Units: | CDN$ |
| Transaction: | Initial public offering of hedged ETF units and unhedged ETF units (collectively, the "Units") (the "Offering") |
| Listing date: | June 11, 2019 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | June 12, 2019 (prior to the opening) |
| Posted for trading date: | June 12, 2019 (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@evolveetfs.com |
| Incorporation: | Exchange traded mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated June 4, 2019. |
| 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 Materials & Mining Index, or any successor thereto, while mitigating downside risk. The ETF invests directly or indirectly in equity securities of global issuers engaged in the manufacturing, mining and/or integration of metals and materials, while writing covered call options on up to 33% of the portfolio securities, at the discretion of the Manager. |
| Transfer agent and registrar: | TSX Trust Company |
| Distributions | Cash distributions of income, if any, on Units will be payable on a monthly basis. |
| Additional Information: | All or substantially all of the exposure that the portion of the portfolio of the ETF attributable to Hedged ETF Units may have to foreign currencies will be hedged back to the Canadian dollar. Any foreign currency exposure of the Unhedged ETF Units will not be hedged back to the Canadian dollar. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated June 4, 2019 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 ETF Units, and 50,000 Unhedged ETF Units will be issued at a subscription price of $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: | Chris Birkett, Managing Director, Toronto Stock Exchange |
