Unitholders of the Terminating Fund received units of the ETF US$ Series of the Continuing ETF , as set out below, for each unit of the Terminating Fund held as at May 7, 2021.
Units of the Terminating Fund were delisted from the Toronto Stock Exchange at the close of business on May 7, 2021.
The Continuing ETF also has a management fee of 0.40% – the lowest of any bitcoin ETF – and its management expense ratio has been capped at 0.95% – the lowest published MER cap of any bitcoin ETF.
, an independent company offering global asset management and wealth management advisory services with approximately C$240.6 billion in total assets as at March 31, 2021.
It is appropriate only for investors who have the capacity to absorb a loss of some or all of their investment.
If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.
This communication is provided as a general source of information and should not be considered personal, legal, accounting, tax or investment advice, or construed as an endorsement or recommendation of any entity or security discussed.
Forward-looking statements are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions.
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