Exchange Bulletin
BMO Long Short US Equity ETF (ZLSU) To Trade On Toronto Stock Exchange
September 28, 2023
Issuer: BMO Long Short US Equity ETF (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| CAD Units | ZLSU | 375,000 | None | CDN $30 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of CAD Units (the "Offering"). |
| Anticipated closing date: | October 2, 2023 (prior to the opening). |
| Listing date: | September 29, 2023 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | October 2, 2023 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Investor relations: | Sara Petrcich Head of Exchange Traded Funds and Structured Solutions BMO Asset Management Inc. (416) 263-0487 sara.petrcich@bmo.com |
| Incorporation: | The ETF is an exchange traded mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated September 11, 2023. The ETF is an "alternative mutual fund" as defined in National Instrument 81-102 Investment Funds. |
| Manager and Trustee: | BMO Asset Management Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF seeks to provide income and long-term capital appreciation, primarily by taking long and short positions in equity securities issued by US companies. The ETF will also invest excess cash in fixed income instruments or exposures. The ETF may employ leverage to enhance returns, whereby the sum of long and short equity exposures will generally exceed 100%. |
| Transfer agent and registrar: | State Street Trust Company Canada at its principal offices in Toronto. |
| Distributions: | Cash distributions on Units of the ETF are expected to be made on a quarterly basis in the currency in which the units are denominated, if at all. |
| Sponsorship: | Not applicable. |
| Offering Document: | Prospectus dated September 11, 2023, which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 375,000 CAD Units will be issued at a subscription price of CDN $30.00 per CAD Unit. CAD Units are being issued and sold on a continuous basis and there is no maximum number of CAD Units that may be issued. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |