Exchange Bulletin
NBI Sustainable Canadian Short Term Bond ETF (NSSB) To Trade On Toronto Stock Exchange
February 8, 2022
Issuer: NBI Sustainable Canadian Short Term Bond ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Units ("Units") | NSSB | 500,000 | None | $10.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering") |
| Listing date: | February 9, 2022 (as at 5:01 p.m.) in anticipation of closing of the Offering |
| Anticipated closing date: | February 10, 2022 (prior to the opening) |
| Posted for trading date: | February 10, 2022 (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: | Joe Nakhle Tel.: (514) 412-8446 joe.nakhle@bnc.ca |
| Incorporation: | The ETF is an exchange-traded fund established as a trust under the laws of the Province of Ontario on January 20, 2022 pursuant to a master declaration of trust. |
| Manager: | National Bank Investments Inc. |
| Trustee: | Natcan Trust Company |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF's investment objective is to provide a steady flow of income with an emphasis on capital preservation while focusing on debt instruments designed to raise funds that promote a positive environmental and/or social impact and/or contribute to sustainable development. It invests, directly or indirectly through investments in securities of other mutual funds, in a portfolio comprised primarily of high quality Canadian corporate fixed- income securities with relatively shorter terms to maturity. It may also invest in short-term fixed income securities issued by federal, provincial or municipal governments in Canada. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto |
| Distributions: | Cash distributions of Units of the ETF will be paid at the end of each month. The Manager may, at its discretion, change the frequency of cash distributions, and will issue a press release if such a change is made. The Manager may also make additional distributions in any year if determined to be appropriate. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated January 20, 2022 (the "Prospectus"), which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 500,000 Units will be issued at a subscription price of $10.00 per Unit. The ETF is authorized to issue an unlimited number of Units. Units are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued. |
| TSX contact: | Selma Thaver, Director, TSX Listings |