The Toronto Stock Exchange reports that Evolve Artificial Intelligence Fund will be listed at 5:01 p.m. on March 22, 2024, for trading at the open on March 25, 2024. According to the TSX, there will be 100,000 hedged Canadian-dollar-denominated units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The units will trade under the symbol ARTI and with Cusip No. 300924 10 7.

The TSX reports that the ETF seeks to provide exposure to securities of publicly traded issuers that the manager has determined are expected to benefit from increased adoption of artificial intelligence. It expects to pay cash distributions of income on its units, if any, on an annual basis.

According to the TSX, the ETF's manager and trustee is Evolve Funds Group Inc., its transfer agent and registrar is TSX Trust Company at its principal office in Toronto, and its fiscal year-end is Dec. 31. As stated in its prospectus dated March 18, 2024, the ETF is issuing 100,000 hedged units at $10 per unit in its initial public offering. It expects to close the offering on March 22, 2024. The designated market-maker is National Bank Financial Inc.