The Toronto Stock Exchange reports that Harvest Global Gold Giants Index ETF will be listed at 5:01 p.m. on Jan. 14, 2019, for trading at the open on Jan. 15, 2019. According to the TSX, there will be 250,000 Class A units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The units will trade under the symbol HGGG and Cusip No. 41755C 10 4.
The TSX reports that the ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Gold Giants Index TR. The ETF invests primarily in large gold mining issuers that are listed on a regulated stock exchange in North America, Australia or in certain European countries.
According to the TSX, the ETF expects to pay cash distributions, if any, on an annual basis. Its manager and trustee is Harvest Portfolios Group Inc., its transfer agent and registrar is State Street Company Canada at its principal office in Toronto, and its fiscal year-end is Dec. 31.
As stated in its prospectus dated Jan. 7, 2019, the ETF will issue 250,000 Class A units at $20 per unit in its initial public offering. It expects to close the offering before the open on Jan. 15, 2019.
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