Note: As announced on March 19, 2018 (https://www.excelfunds.com/pressreleases/2018/News_Release_ETF_announcement_EN.pdf), the Excel Global Balanced Asset Allocation ETF (ticker symbol: EXGB) and Excel Global Growth Asset Allocation ETF (ticker symbol: EXGG) will be terminated on or about May 30, 2018. Effective immediately, no further direct subscriptions for units of the ETFs will be accepted.
May 24, 2018 is expected to be the last date on which redemption requests for the ETFs may be placed. Units of the ETFs are expected to be de-listed from the Toronto Stock Exchange at the close of business on or about May 25, 2018, with all units still held by investors being subject to a mandatory redemption as of the Termination Date.
Effective at the close of business on or about March 27, 2018, Alken Asset Management Limited will cease as sub-advisor, and Excel Investment Council Inc. will continue to be responsible for the management of the ETFs until the Termination Date.
Commissions, trailing commissions, management fees and expenses all may be associated with investing in ETFs. Investment objectives, risks, fees, expenses and other important information are contained in the prospectus please read the Funds’ prospectus before investing. Fund securities are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the Funds will be able to maintain their net asset value per security at a constant amount or that the full amount of your investment in either or both of the Funds will be returned to you. The Funds are not guaranteed, their values change frequently and past performance may not be repeated. ◊ This information does not constitute an offer to sell or solicitation to buy securities. It is not intended to, provide any financial, legal, accounting, or tax advice, and must not be relied upon by you in that regard. It should not be used, or relied upon by you, as a substitute for your independent research or consultation with your own financial, legal or tax advisors. ◊ The Excel Global Balanced Asset Allocation ETF and the Excel Global Growth Asset Allocation ETF are managed by Excel Funds Management Inc. Excel, Excel ETF and the EXGG and EXGB logos are trademarks of Excel Funds Management Inc.