The Toronto Stock Exchange reports that Invesco Morningstar Global Next Gen AI Index ETF will be listed at 5:01 p.m. on Jan. 17, 2024, for trading at the open on Jan. 18, 2024. According to the TSX, there will be 75,000 Canadian-dollar-denominated units and 75,000 Canadian-dollar-denominated hedged units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The Canadian-dollar-denominated units will trade under the symbol INAI and with Cusip No. 461304 10 7, and the Canadian-dollar-denominated hedged units will trade under the symbol INAI.F and with Cusip No. 461304 20 6.

The TSX reports that the ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Morningstar Global Next Generation Artificial Intelligence Index or any successor thereto, on an unhedged basis in the case of any unhedged units or on a hedged basis in the case of any hedged units. The ETF invests, directly or indirectly, primarily in global equity securities.

The ETF's manager and trustee is Invesco Canada Ltd., its transfer agent and registrar is TSX Trust Company at its principal office in Toronto, and its fiscal year-end is Dec. 31. According to the TSX, the ETF expects to pay cash distributions on its units on a quarterly basis. The manager may, at its discretion, change the frequency of the cash distributions and will issue a news release if such a change is made.

As stated in its prospectus dated Jan. 8, 204, the ETF is issuing 75,000 Canadian-dollar-denominated units at $20 per unit and 75,000 Canadian-dollar-denominated hedged units at $20 per unit in its initial public offering. It expects to close the offering on Jan. 17, 2024. The designated market-maker is RBC Capital Markets Inc.