canada

BMO Covered Call Canadian Banks ETF To Trade On Toronto Stock Exchange

BMO Covered Call Canadian Banks ETF (the “ETF”) – An application has been granted for the original listing in the Industrial category of 200,000 units (the “Units”) of the ETF, all of which will be issued and outstanding upon completion of an initial public offering (the “Offering”)…….. 


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          Listing of the Units will become effective at 5:01 p.m. on Wednesday, February 2, 2011 in anticipation of the Offering closing prior to the opening of business on Thursday, February 3, 2011. The Units will be posted for trading at the opening of business on Thursday, February 3, 2011 upon confirmation of the closing of the Offering.

          The ETF is authorized to issue an unlimited number of Units, each of which represents an equal, undivided interest in the net assets of the ETF. Units of the ETF are being issued and sold on a continuous basis and there is no maximum number of Units that may be issued.

          Registration of interests in, and transfer of, the Units will be made only through CDS Clearing and Depository Services Inc. (“CDS”). Beneficial owners will not have the right to receive physical certificates evidencing their ownership of the Units. Units must be purchased, transferred and surrendered for exchange or redemption only through a CDS participant.

          Stock Symbol: “ZWB” CUSIP: 05560U 10 4 Trading Currency: CDN $

          Source: ETFWorld – TMX


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