Matribhumi Samachar English
Toronto, Ontario–(Newsfile Corp. – March 21, 2025) – Forstrong Global Asset Management Inc. (“Forstrong”) announces today the final proceeds relating to the termination of the Forstrong Global Ex-North America Equity ETF (TSX: FINE) (the “ETF”) previously announced on January 16th, 2025.
The units of the ETF were delisted from the Toronto Stock Exchange on March 18th, 2025. The proceeds from the liquidation of the assets, less all liabilities and expenses incurred in connection with this termination (the “Termination Proceeds”) are as follows:
Breakdown of Final NAV per Unit
Ticker SymbolFinal NAV per Unit Income Capital Gain Capital
FINE$23.3578$23.3578
Each unitholder will receive the Termination Proceeds on a pro rata basis as per the table above. No further action is required on the part of unitholders. The Termination Proceeds will be paid on or around March 21st,2025, to CDS Clearing and Depository Services Inc. Investors will then receive the amount to which they are entitled according to their brokerage firm’s processing delay.
About Forstrong Global Asset Management Inc.
For over two decades, Forstrong Global has been providing its clients with exposure to a range of globally oriented investments. Our investment professionals use an unbiased investment approach, focusing on opportunities beyond traditional North American portfolios to deliver differentiated returns and risk mitigation.
Forstrong’s product offerings include separately managed accounts, pooled funds, and three ETFs listed on the Toronto Stock Exchange, with approximately $1 billion of assets under management.
Management fees, brokerage fees and expenses all may be associated with investing in ETFs. Please read the prospectus, which contains detailed investment information, before investing. Tax, investment and all other decisions should be made, as appropriate, only with guidance from a qualified professional. ETFs units are not guaranteed, their values change frequently, and past performance may not be repeated. ETF units are bought and sold at market price on the TSX or another exchange or marketplace and may only be bought and sold through licensed dealers. Brokerage commissions will reduce returns. There can be no assurance that ETF units will trade at prices that reflect their net asset value per unit. If ETF units are purchased or sold on the TSX or another exchange or marketplace, investors may pay more than the current net asset value when buying units of an ETF and may receive less than the current net asset value when selling them. There can be no assurance that an active public market for ETF units will develop or be sustained. There is no guarantee that the ETFs will achieve their stated objectives and there are risks involved in investing in the ETFs. Before investing you should read the prospectus or relevant ETF Facts and carefully consider, among other things, each ETF’s investment objective, risks, charges, and expenses. A copy of the prospectus and ETF Facts of each ETF is available at www.forstrongetfs.com or www.sedarplus.ca.
Certain statements may constitute a forward-looking statement within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. The forward-looking statements are not historical facts but reflect our current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations, including but not limited to, that a receipt for a preliminary or final simplified prospectus may not be obtained from the applicable securities regulatory authorities, that Forstrong Global Balanced Fund may not be able to meet the conditional approval and listing requirements of the TSX, general economic, political, and market factors in Canada and internationally, interest and foreign exchange rates, global equity and capital markets, business competition, and catastrophic events. These and other factors should be considered carefully, and readers should not place undue reliance on such forward-looking statements. These forward-looking statements are made as of the date hereof and we do not undertake to update any forward-looking statement that is contained herein, whether as a result of new information, future events or otherwise, unless required by applicable law.
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