Exchange Bulletin
Evolve Canadian Aggregate Bond Enhanced Yield Fund (AGG) To Trade On Toronto Stock Exchange
September 25, 2024
Issuer: Evolve Canadian Aggregate Bond Enhanced Yield Fund ("Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Unhedged ETF Units | AGG | 50,000 | None | C$20.00 |
| Listing category: | Non-Corporate |
| Trading currency of unhedged ETF units: | CDN$ |
| Transaction: | Initial public offering (the "Offering") of unhedged ETF units (the "Unhedged ETF Units"). |
| Anticipated closing date: | September 25, 2024. |
| Listing date: | September 25, 2024 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Posted for trading date: | September 26, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | TD Securities Inc. |
| Investor relations: | Elliot Johnson Tel: (416) 558-6661 Email: ejohnson@evolveetfs.com - and - Keith Crone Tel: (416) 697-5152 Email: kcrone@evolveetfs.com |
| Incorporation: | Exchange traded alternative mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as of September 20, 2024. |
| Manager and Trustee: | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Evolve ETF seeks to provide unitholders with attractive monthly income and long-term capital appreciation by investing primarily in fixed income ETFs or fixed income securities primarily issued in Canada. To enhance yield, as well as to mitigate risk and reduce volatility, Evolve ETF will employ a covered call option writing program at the discretion of the Manager. The level of covered call option writing may vary based on market volatility and other factors. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | Cash distributions of income, if any, on the Unhedged ETF Units will be paid monthly. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated September 20, 2024 (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 Unhedged ETF Units will be issued at a subscription price of C$20.00 per Unhedged ETF Unit. Evolve ETF is authorized to issue an unlimited number of Unhedged ETF Units, each of which represents an equal, undivided interest in the net assets of Evolve ETF and there is no minimum number of Unhedged ETF Units that may be offered. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |