Exchange Bulletin
CIBC Emerging Markets Equity Index ETF (CEMI) To Trade On Toronto Stock Exchange
September 14, 2021
Issuer: CIBC Emerging Markets Equity Index ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Common Units | CEMI | 600,000 | None | $20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Common Units (the "Offering") |
| Listing date: | September 15, 2021 (as at 5:01 pm) in anticipation of closing of the Offering |
| Anticipated closing date: | September 16, 2021 (prior to the opening) |
| Posted for trading date: | September 16, 2021 (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 and Non-Certificated Issue |
| Investor relations: | David Stephenson Director, ETF Strategy Development (416) 242-1409 david.stephenson@cibc.com |
| Incorporation: | The ETF is an exchange-traded mutual fund established under the laws of the province of Ontario, pursuant to the terms of the amended and restated Declaration of Trust dated March 24, 2021. |
| Manager: | CIBC Asset Management 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 a broad emerging market equity index that measures the investment return of publicly traded securities in emerging countries in Asia, Latin America, Europe, Africa and the Middle East. Currently, the ETF seeks to track the Morningstar® Emerging Markets Target Market Exposure Index™ (or any successor thereto). |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | Cash distributions will be made annually, if any. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated March 24, 2021 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Offering document. |
| Initial public offering: | 600,000 Common Units will be issued at a subscription price of $20.00 per Common Unit. The Common Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Common Units that may be issued. |
| TSX contact: | Chris Birkett, Managing Director, Toronto Stock Exchange. |