Exchange Bulletin
BetaPro Equal Weight Canadian REIT -2x Daily Bear ETF (HRED) To Trade On Toronto Stock Exchange
August 31, 2021
Issuer: BetaPro Equal Weight Canadian REIT -2x Daily Bear ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| ETF Shares | HRED | 160,000 | None | $25.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CAD |
| Transaction: | Initial public offering of ETF Shares (the "Offering") |
| Listing date: | September 1, 2021 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Anticipated closing date: | September 2, 2021 (prior to the opening) |
| Posted for trading date: | September 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: | Horizons ETF Corp. (the "Company") is a mutual fund corporation established under the federal laws of Canada. The ETF was established on August 25, 2021, in accordance with the articles of incorporation of the Company. The ETF is a separate Corporate Class. The ETF is an open-end alternative mutual fund under Canadian securities legislation. |
| Manager: | Horizons ETFs Management (Canada) Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks daily investment results, before fees, expenses, distributions, brokerage commissions and other transaction costs, that endeavour to correspond to two times (200%) the inverse (opposite) of the daily performance of the Solactive Equal Weight Canada REIT Index. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | The Company does not currently intend to pay regular dividends or returns of capital on the ETF Shares of the ETF. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated August 25, 2021, which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 160,000 ETF Shares will be issued at a subscription price of $25 per ETF Share. ETF Shares of the ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Shares that may be issued. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange |