Exchange Bulletin
Dynamic Active Discount Bond ETF (DXDB) To Trade On Toronto Stock Exchange
November 4, 2022
Issuer: Dynamic Active Discount Bond ETF ("Dynamic ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Units (the "Units") | DXDB | 1,250,000 | None | $20.00 |
| Listing Category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering"). |
| Listing date: | November 7, 2022 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Anticipated closing date: | November 8, 2022 (prior to the opening). |
| Posted for trading date: | November 8, 2022 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated Market Maker: | National Bank Financial Inc. |
| Investor relations: | Sophia Saeed VP, Investor Relations (416) 933-8869 Sophia.saeed@scotiabank.com |
| Incorporation: | An exchange traded mutual fund established under the laws of the Province of Ontario pursuant to the eighth supplemental dated October 27, 2022 to the amended and restated declaration of trust dated February 3, 2020. |
| Manager and Trustee: | 1832 Asset Management L.P. |
| Fiscal year end: | Dec 31 |
| Nature of business: | Dynamic ETF seeks to provide interest income and the potential for some long-term capital growth by investing in an actively managed diversified portfolio of primarily Canadian investment grade corporate bonds with an overall weighted average price below that of Dynamic ETF's benchmark, that consists of generally recognized Canadian corporate bond indices. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal office in Toronto. |
| Distributions | Cash distributions on the Units of Dynamic ETF, if any, will be paid monthly. |
| Sponsorship: | Not applicable |
| Offering document: | Prospectus dated October 27, 2022 which is available at www.SEDAR.com. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 1,250,000 Units will be initially issued at a subscription price of $20.00 per Unit. Dynamic ETF is authorized to issue an unlimited number of Units, each of which represents an undivided interest in the net assets of Dynamic ETF. The Units of Dynamic ETF 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 |