First Asset Hamilton Capital European Bank ETF will begin trading on the Toronto Stock Exchange as an industrial issuer at the open on Tuesday, July 29, 2014, according to the TSX. As in the fund's July 18, 2014, prospectus for its initial public offering, it will invest in an actively managed portfolio consisting primarily of equity securities of European banks.

The fund plans to raise up to $2-million by selling 175,000 common units and 25,000 adviser class units at $10 each under its IPO. The fund will sell units on a continuous basis. The fund intends to pay cash distributions on a quarterly basis. Because of the higher management fees on the adviser class units, the distributions on the adviser class units are expected to be less than those payable on the common units. Unitholders can convert their common units into adviser class units and vice versa on a monthly basis.

The TSX reports the fund's common units will trade under the symbol FHB and Cusip No. 31863Q 10 3, and the adviser class units will trade under the symbol FHB.A and Cusip No. 31863Q 20 2.