Exchange Bulletin
Corton Enhanced Income Fund (RAAA) To Trade On 兔子先生
September 17, 2024
Issuer: Corton Enhanced Income Fund (the "ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| ETF Units ("Units") | RAAA | 100,000 | None | $10.00 |
| Listing category: | Non-Corporate |
| Trading currency: | CDN$ |
| Transaction: | Initial public offering of Units (the "Offering") |
| Anticipated closing date: | September 18, 2024 |
| Listing date: | September 17, 2024 (as at 5:01 pm) in anticipation of closing of the Offering. |
| Posted for trading date: | September 18, 2024 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | BMO Nesbitt Burns Inc. |
| Investor relations: | David Jarvis President and Chief Executive Officer 416-627-5625 david@cortoncapital.ca Scott Eicher Chief Compliance Officer 416-301-2111 scott@cortoncapital.ca |
| Incorporation: | The ETF has been established as a mutual fund trust created under the laws of Ontario and is governed by a declaration of trust, dated as of August 23, 2024. |
| Manager and Trustee: | Corton Capital Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | The investment objective of the ETF is to seek to provide unitholders with a high level of current income by investing in a diversified portfolio of European and U.S. floating rate primarily AAA rated collateralized loan obligations. The rating will be predominately AAA at purchase but also include AA or A securities as rated by a nationally recognized statistical rating organization, including, but not limited to, Moody's Investor Service, Inc., S&P Global Inc. and Fitch Group, Inc. Capital appreciation will be a secondary objective and the Fund will seek to hedge its non-Canadian dollar currency exposure at all times. |
| Transfer agent and registrar: | TSX Trust Company at its principal offices in Toronto. |
| Distributions: | Cash distributions on Units of the ETF are expected to be made on a quarterly basis. |
| Sponsorship: | Not applicable |
| Offering document: | Simplified Prospectus dated August 26, 2024, which is available at . Capitalized terms not otherwise defined herein are as defined in the prospectus. |
| Initial public offering: | 100,000 Units will be issued at a subscription price of $10.00 per Unit. Units 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, Managing Director, TSX Listings |