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TORONTO — Emerge Canada Inc. (the Supervisor) as supervisor of the Emerge ETFs proclaims at the moment that the Ontario Securities Fee issued a stop commerce order (CTO) on April 6, 2023 in respect of the Emerge ETFs. The CTO was issued on account of the Emerge ETFs lacking the deadline to file audited annual monetary statements, administration’s stories of fund efficiency and related filings for the fiscal 12 months ended December 31, 2022 (collectively, the “Annual Filings”) earlier than the prescribed deadline of March 31, 2023.
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The Supervisor introduced on December 19, 2022, the top of its relationship with the earlier auditor of the Emerge ETFs. Since that point, the Supervisor has been engaged in securing a brand new auditor for the Emerge ETFs. As soon as a brand new auditor is secured, the Supervisor will expeditiously work to finish and file the Annual Filings and search to have the CTO lifted.
The Supervisor confirms that there isn’t any different materials data regarding the affairs of the Emerge ETFs that has not been usually disclosed. There isn’t any assurance that the Emerge ETFs will be capable of treatment their submitting default and have the CTO lifted in a well timed method or in any respect.
Holders of models of the Emerge ETFs are inspired to seek the advice of with their funding advisors in regards to the implications of the CTO, or to succeed in out to Emerge Canada’s buyer relations staff at 1-833-363-7432 or firstname.lastname@example.org.
About Emerge Canada Inc.
Based mostly in Toronto, Emerge Canada is Canada’s first and solely majority woman-owned funding fund agency. Our staff of consultants supplies steerage and experience to high-calibre rising funding managers by serving as a useful resource and an advocate on all ranges. By way of our deal with DE&I initiatives, we take satisfaction in supporting funding managers who are usually essentially the most underrepresented within the trade. From infrastructure and due diligence to product improvement, we offer rising managers with a full array of go-to-market companies, and we additionally develop funding methods with excessive ranges of social governance and robust sustainability practices.
For extra data, please go to www.emergecm.ca
Checklist of Funds Impacted by the CTO:
EMERGE EMPWR SUSTAINABLE DIVIDEND EQUITY ETF
EMERGE EMPWR SUSTAINABLE EMERGING MARKETS EQUITY ETF
EMERGE EMPWR SUSTAINABLE GLOBAL CORE EQUITY ETF
EMERGE EMPWR SUSTAINABLE SELECT GROWTH EQUITY ETF
EMERGE EMPWR UNIFIED SUSTAINABLE EQUITY ETF
EMERGE ARK GLOBAL DISRUPTIVE INNOVATION ETF
EMERGE AI & BIG DATA ETF
EMERGE ARK AUTONOMOUS TECH & ROBOTICS ETF
EMERGE ARK FINTECH INNOVATION ETF
EMERGE ARK GENOMICS & BIOTECH ETF
EMERGE ARK SPACE EXPLORATION ETF
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