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Toronto Stock Exchange Welcomes New ETF Provider - Sphere Investment Management Launches Four ETFs On TSX

Date 19/04/2016

Toronto Stock Exchange (TSX) today welcomed Sphere Investment Management Inc. (Sphere Investments), a new Canadian exchange traded funds (ETF) provider, to the Exchange. Sphere Investments launched four sustainable yield ETF products on TSX, which began trading over the past week.

"We are very proud that Sphere Investments chose to list its inaugural ETFs on TSX," said Nick Thadaney, President & CEO, Global Equity Capital Markets, TMX Group. "TSX has been a long-time supporter of the Canadian ETF marketplace, which continues to grow and evolve at an unprecedented pace. We remain committed to serving this important segment of the market and to offering innovative and diverse products to our wide range of investors."

To celebrate the listing on TSX, Lewis Bateman, Founder and CEO, Sphere Investments, will join Mr. Thadaney, to open trading this morning at 9:30 a.m. ET.

As of March 31, 2016, there were 395 ETFs and exchange traded notes listed on TSX with a combined market capitalization of over $98 billion. For more information on ETFs and other exchange traded products, visit TMX Group's ETF Centre at: http://app.tmxmoney.com/etp/. The portal provides in-depth information on ETFs, including basic education, investment strategies and videos.