Exchange Bulletin
Horizons S&P Green Bond Index ETF (HGGB) To Trade On Toronto Stock Exchange
May 31, 2021
Issuer: Horizons S&P Green Bond Index ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Class A units (the "Units") | HGGB | 250,001 | None | CAD $25.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of the Units (the "Offering") |
| Listing date: | June 1, 2021 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | June 2, 2021 (prior to the opening) |
| Posted for trading date: | June 2, 2021 (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: | Martin Fabregas Tel.: (416) 601-2508 mfabregas@horizonsetfs.com |
| Incorporation: | The ETF is an open-end mutual fund trust established under the laws of Ontario, on May 21, 2021 pursuant to an amended and restated master declaration of trust. |
| Manager: | Horizons ETFs Management (Canada) Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to replicate, to the extent possible and net of expenses, the performance of a market index that is designed to provide exposure to the performance of global green-labeled bonds issued in U.S. dollars that are subject to stringent eligibility criteria to fund projects that have positive environmental or climate benefits. Currently, the ETF seeks to replicate the performance of the S&P Green Bond US Dollar Select Index, net of expenses. The ETF seeks to hedge the U.S. dollar value of its portfolio to the Canadian dollar at all times. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | It is anticipated that the ETF will make distributions on a quarterly basis, at the discretion of the Manager. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated May 21, 2021, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 250,001 Units will be issued at a subscription price of CAD $25.00 per Unit. The ETF is authorized to issue an unlimited number of Units. 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 |