The Toronto Stock Exchange reports that AGFiQ Global Equity ETF Portfolio will be delisted at the close on Oct. 23, 2020. According to the TSX, the exchange-traded fund (ETF) will be terminated and all outstanding units of the ETF will be redeemed on Oct. 23, 2020.
The TSX reports that any remaining unitholders of the ETF as at the termination date will receive the net proceeds from the liquidation of the assets, less all liabilities and all expenses incurred in connection with the dissolution of the ETF, on a pro rata basis. Separate from the redemption proceeds, a final distribution of 19 cents per unit will be paid on Oct. 28, 2020, to the unitholders of record at the close on Oct. 22, 2020.
For more information, see the ETF's news release dated Oct. 15, 2020.
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