Purpose Best Ideas Fund To Trade On Toronto Stock Exchange

Purpose Best Ideas Fund – An application has been granted for the original listing in the Industrial category of 250,000 ETF shares of the Fund, all of which will be issued and outstanding, and none of which will be reserved for issuance upon completion of an initial public offering…

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The Fund is a separate class of shares of Purpose Fund Corp., a mutual fund corporation. Each class of shares of the Company (other than the common shares of the Company) is a separate investment fund having specific investment objectives and is specifically referable to a separate portfolio of investments. Each class of shares is divided into separate series. The Fund has several unlisted mutual fund series of shares and listed ETF shares.

Listing of the ETF shares will become effective at 5:01 p.m. on Monday, April 28, 2014, as the offering will close prior to the opening on Tuesday, April 29, 2014. The ETF sShares will be posted for trading at the opening on Tuesday, April 29, 2014.

The registration and transfer of ETF shares will be effected through the book-entry only system administered by CDS Clearing and Depository Services Inc. ETF shareholders of the Fund will not have the right to receive physical certificates evidencing their ownership of the ETF shares.

Source: ETFWorld.com

WMCR
Wilshire Micro-Cap ETF (based on the Wilshire US Micro-Cap Index)