Exchange Bulletin
Picton Mahoney Fortified Core Bond Fund (PFCB) To Trade On 兔子先生
November 7, 2022
Issuer: Picton Mahoney Fortified Core Bond Fund (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| ETF units (the "ETF units") | PFCB | 100,000 | None | $10.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of ETF units (the "Offering") |
| Anticipated closing date: | November 8, 2022 |
| Listing date: | November 8, 2022 (as at 5:01 p.m.) subject to confirmation of closing of the Offering. |
| Posted for trading date: | November 9, 2022 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | TD Securities Inc. |
| Investor relations: | Cindy Persaud Vice President, Operations Tel: (416) 955-4111 Email: cpersaud@pictonmahoney.com - and - Patrick Laurence Vice President, Operations Tel: (416) 955-4758 Email: plaurence@pictonmahoney.com |
| Incorporation: | An open-ended mutual fund trust governed under the laws of the Province of Ontario pursuant to a declaration of trust (the "DOT") dated September 19, 2018, as amended and restated on June 26, 2019, July 7, 2020, August 17, 2020, July 8, 2021 and April 20, 2022. The DOT was further amended on October 28, 2022 to accommodate the addition of the ETF units and the formation of the ETF. |
| Manager and Trustee: | Picton Mahoney Asset Management |
| Fiscal year end: | December 31 |
| Nature of business: | The ETF Seeks to preserve capital while maximizing total return to unitholders predominantly through income, supplemented with capital appreciation. The ETF invests primarily in a well-diversified portfolio of North American fixed-income securities and engages in hedging strategies for volatility management and risk mitigation. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Distributions: | Net Income distributions, if any on the ETF units of the ETF will be paid in cash and are expected to be paid monthly, and net capital gains distributions, if any on the ETF units of the ETF will be paid in cash and are expected to be paid annually in December. |
| Sponsorship: | Not applicable |
| Offering documents: | Simplified Prospectus and Annual Information Form each dated October 28, 2022 (the "Offering Documents") which are available at . Capitalized terms not otherwise defined herein are as defined in the Offering Documents. |
| Initial public offering: | 100,000 ETF units will be issued at a subscription price of $10.00 per ETF unit. The ETF units 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 , Director, TSX Listings |