Exchange Bulletin
Purpose Active Balanced Fund (PABF) To Trade On Toronto Stock Exchange
October 20, 2023
Issuer: Purpose Active Balanced Fund ("Purpose ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| ETF Units | PABF | 50,000 | None | C$20.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering (the "Offering") of ETF Units. |
| Listing date: | October 23, 2023 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Anticipated closing date: | October 24, 2023 (prior to the opening). |
| Posted for trading date: | October 24, 2023 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | TD Securities Inc. |
| Investor relations: | Vladimir Tasevski Head of Asset Management and Head of Investors and Institutional Partners Tel: 416 871-6454 Email: vladt@purposeinvest.com - and - Darcy Forester Vice President and Head of Fund Operations Tel: 647 278-3336 Email: darcyf@purposeinvest.com |
| Incorporation: | Purpose ETF is a mutual fund established as a trust under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as of October 13, 2023. |
| Manager: | Purpose Investments Inc. |
| Fiscal year end: | December 31, 2023 |
| Nature of business: | Purpose ETF seeks to provide unitholders with a combination of long-term capital growth and a moderate level of income, primarily by investing in a diverse portfolio of equity securities and fixed income securities located anywhere in the world. Purpose ETF's objective is to outperform a passive balanced strategy over a full market cycle on a risk adjusted basis. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Sponsorship: | Not applicable |
| Dividends: | Purpose ETF expects to make distributions quarterly, if any. |
| Disclosure documents: | Simplified Prospectus dated October 13, 2023 (the "Prospectus") which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 50,000 ETF Units will be issued at a subscription price of C$20.00 per ETF Unit. The ETF Units of Purpose ETF are being issued and sold on a continuous basis and there is no maximum number of ETF Units that may be issued. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |