TSX: ETHQ, ETHQ.U

Investment Objectives

The Ether ETF’s investment objectives are to seek to provide Unitholders of the Ether ETF with:

  1. exposure to the digital currency ether, and the daily price movements of the US dollar price of ether.
  2. the opportunity for long-term capital appreciation. 
Date CAD USD
NAV $ $
NAVPU $ $
NAVPU Inception April 22, 2021 $12.9492 CAD $10.3577 USD

Date

CAD

USD

NAV

January 31, 2021

$1,752,011,844.24

$1,408,086,674.09

NAVPU

January 31, 2021

$13.9741

$11.2309

NAVPU Inception

April 19, 2021

$12.5310 CAD

$10.0000 USD

Date CAD
NAV November 9, 2021 $1,752,011,844.24
NAVPU November 9, 2021 $13.9741
NAVPU Inception March 31, 2021 $12.5670 CAD
Date USD
NAV November 9, 2021 $1,408,086,674.09
NAVPU November 9, 2021 $11.2309
NAVPU Inception March 31, 2021 $12.5670 CAD

Net Asset Value per Unit (NAVPU) and Market Price

CSV  Excel  

* Net Asset Value Per Unit and Fund Assets Under Management are calculated by the Administrator daily as at 4:00 pm ET. The Fund’s ether is valued based on the MVIS CryptoCompare Ethereum Benchmark Rate Index (EBR) maintained by MV Index Solutions GmbH (MVIS).

**Market price data is provided by the Toronto Stock Exchange (TSX). Market price reflects the closing price of The 3iQ CoinShares Ether ETF on the TSX under the symbol ETHQ.U as at 4:00 pm ET. 3iQ Corp does not verify any data and disclaims any obligation to do so. 3iQ Corp, its data or content providers, the financial exchanges, and each of their affiliates and business partners (A) expressly disclaim the accuracy, adequacy, or completeness of any data and (B) shall not be liable for any errors, omissions, or other defects in, delays or interruptions in such data, or for any actions taken in reliance thereon.

Historical MVIS CryptoCompare Ethereum Benchmark Rate Index

CSV  Excel  

^The Fund’s ether is valued based on the MVIS CryptoCompare Ethereum Benchmark Rate Index (EBR) maintained by MV Index Solutions GmbH (MVIS). The index is disseminated in USD and the closing value is calculated at 16:00 ET with fixed 16:00 ET exchange rates.

Units Outstanding

CSV  Excel  

^^Units of 3iQ CoinShares Ether ETF will be listed on the TSX and offered on a continuous basis, and an investor will be able to buy or sell Units of 3iQ CoinShares Ether ETF on the TSX through registered brokers and dealers in the province or territory where the investor resides. Investors will incur customary brokerage commissions in buying and selling the Units.

Key Facts and Terms

Exchange Toronto Stock Exchange (TSX)
Symbol ETHQ, ETHQ.U
Currency CAD, USD
Prescribed Number of Units(PNU) 25,000
Units Outstanding
Units per ETH
ETH per Unit
CUSIP 88428G103
ISIN CA88428G1037
SEDOL BP0Y3V8
Management Fee 1.00%
Eligibility RRSP, RRIF, RDSP, DPSP, RESP, TFSA
Benchmark Index MVIS CryptoCompare Ethereum Benchmark Rate Index (EBR)
Custody Services Cidel Trust Company
Sub-Custodian Gemini Trust Company, LLC
Fund Valuation CIBC Mellon Global Securities Services Company
Transfer Agent TSX Trust Company
Accounting CIBC Mellon Global Securities Services Company
Auditor Raymond Chabot Grant Thornton LLP
Legal Counsel Osler, Hoskin & Harcourt LLP
Management Expense Ratio (MER) 3iQ intends to absorb any expenses in excess of 0.25% such that the fund’s MER 2 will not exceed 1.25%. If the MER falls below 1.25%, the savings will be passed along to the fund.
2 The MER is an aggregate of the management fee, operating expenses and other costs incurred by the fund.
 
 

Fund Documents

Fund Profile (May)
• ETF Fund Facts EN | FR
• Prospectus EN | FR

Fund Highlights

1 May be lower due to a small cash balance in the portfolio holdings. Minimum investment restrictions are outlined in the prospectus.

3iQ is one of Canada’s first digital asset fund managers, managing over C$ 700 million of assets

CoinShares is Europe’s largest digital asset fund manager, managing over US$1 billion of assets

Date CAD
NAV November 9, 2021 $514,630,070.73
NAV PU November 9, 2021 $24.1327
NAV PU Inception March 31, 2021 $12.5310 CAD
Date USD
NAV November 9, 2021 $413,606,647.16
NAV PU November 9, 2021 $19.3954
NAV PU Inception March 31, 2021 $10.0000 USD

Disclaimer

THESE MATERIALS AND THE INFORMATION CONTAINED HEREIN, IS RESTRICTED AND IS NOT FOR PUBLICATION, RELEASE OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO OR FROM THE UNITED STATES OR ANY JURISDICTION IN WHICH THE SAME WOULD BE UNLAWFUL.

These materials do not constitute an offer to sell or issue or the solicitation of an offer to buy or subscribe for securities in the United States or any other jurisdiction. Neither the 3iQ Corp.’s (the “Manager”) nor the Fund’s securities have been nor will be registered under the United States Securities Act of 1933, as amended (the “Securities Act”), nor under the applicable securities laws of any state or other jurisdiction of the United States, and may not be offered, sold, resold, transferred or delivered, directly or indirectly within, into or in the United States, absent registration or an applicable exemption from, or except in a transaction not subject to, the registration requirements of the Securities Act and in compliance with the securities laws of any relevant state or other jurisdiction of the United States. No securities regulatory authority has expressed an opinion about these securities and it is an offence to claim otherwise.

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the Toronto Stock Exchange, or other alternative trading system (an “exchange”). If the units are purchased or sold on an exchange, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them.

Please read the prospectus before investing. Important information about the 3iQ CoinShares Ether ETF is contained in the prospectus. Copies of the prospectus may be obtained from 3iQ Corp. or at www.sedar.com.  

Certain statements in this document are forward-looking statements, including those identified by the expressions “anticipate”, “believe”, “plan”, “estimate”, “expect”, “intend”, “target”, “seek”, “will” and similar expressions to the extent they relate to the Fund and the Manager. Forward-looking statements are not historical facts but reflect the current expectations of the Fund and the Manager regarding future results or events. Such forward-looking statements reflect the Fund’s and the Manager’s current beliefs and are based on information currently available to them. Forward-looking statements are made with assumptions and involve significant risks and uncertainties. Although the forward-looking statements contained in this document are based upon assumptions that the Fund and the Manager believe to be reasonable, none of the Fund or the Manager can assure investors that actual results will be consistent with these forward-looking statements. As a result, readers are cautioned not to place undue reliance on these statements as a number of factors could cause actual results or events to differ materially from current expectations.

Some of these risks, uncertainties and other factors are described in the offering documents for the relevant Funds under the heading “Risk Factors”. These factors – many of which are beyond the Manager’s control and the effects of which can be difficult to predict – include: no assurance in achieving investment objectives, loss of investment, volatility and fluctuation in value of cryptoassets, concentration risk, reliance on the Manager, no ownership interest in the cryptoasset portfolio, changes in legislation, conflicts of interest, valuation, significant redemptions, limited liquidity in the units, limited operating history, exchange rate risk, liquidity constraints on cryptoasset markets, tax risk, risks associated with blockchain networks and forks, risks associated with digital asset platforms and cybersecurity.

The forward-looking statements contained herein were prepared for the purpose of providing prospective investors with general educational background information about cryptoassets and the Funds and may not be appropriate for other purposes. None of the Fund or the Manager assumes any obligation to update or revise them to reflect new events or circumstances, except as required by law.

MVIS CryptoCompare Ether Benchmark Rate Index (the “Index”) is the exclusive property of MV Index Solutions GmbH (“MVIS”) and has been licensed for use by 3iQ Corp. (the “Licensee”). MVIS has contracted with CryptoCompare Data Limited to maintain and calculate the Indexes. CryptoCompare Data Limited uses its best efforts to ensure that the Indexes are calculated correctly subject to the accuracy of any data that has been provided to it by third parties. Irrespective of its obligations towards MVIS, CryptoCompare Data Limited has no obligation to point out errors in the Indexes to third parties. In particular, MVIS is not responsible for the Licensee and/or for Licensee’s legality or suitability and/or for Licensee’s business offerings. Offerings by Licensee, may they be based on the 3iQ Coinshares Ether ETF or not, are not sponsored, endorsed, sold, or promoted by MVIS, Van Eck Associates Corporation as its parent company or its affiliates (collectively, “VanEck”), and MVIS and VanEck make no representation regarding the advisability of investing in Licensee and/or in Licensee’s business offerings. MVIS, VanEck and its affiliates make no warranties and bear no liability with respect to Licensee.

Any descriptions of, references to, or links to other products, publications or services does not constitute an endorsement, authorization, sponsorship by or affiliation with 3iQ with respect to any linked site or its sponsor, unless expressly stated by 3iQ. Any such information, products or sites have not necessarily been reviewed by 3iQ and are provided or maintained by third parties over whom 3iQ exercises no control. 3iQ expressly disclaims any responsibility for the content, the accuracy of the information, and/or quality of products or services provided by or advertised on these third-party sites. By clicking on any of the links included in this website, you acknowledge that you will be taken to a third-party site, which is not managed by 3iQ.
 

3iQ Corp. (“3iQ”)  is a Canadian investment fund manager focused on providing investors with exposure to digital assets, disruptive technologies and the blockchain space. Units of certain 3iQ Funds are offered through prospectus and through prospectus exemptions.  Please read the offering documents carefully before investing.

IMPORTANT INFORMATION:
All website content in respect of the 3iQ CoinShares Bitcoin Feeder ETF (ARSN 656935938) and the 3iQ CoinShares Ether Feeder ETF (ARSN 656937325) (the Funds) is issued by The Trust Company (RE Services) Limited ABN 45 003 278 831 AFSL 235 150 (Perpetual) as responsible entity of the Funds and is prepared by 3iQ Corp (ARBN 655771010) (3iQ), a Corporate Authorized Representative (No. 001296524) of Perpetual Corporate Trust Limited (ACN 000 341 533) AFSL 392673 as the investment manager of the Funds.

The information provided in this website is of a general nature only and has been prepared without taking into account your objectives, financial situation or needs. The information that directly relates to the Funds is for retail and wholesale clients for the purposes of section 761G of the Corporations Act 2001 (Cth). All other information included on this website has been prepared for wholesale clients exclusively. Before making an investment decision in respect of the Funds, you should consider their current product disclosure statements (PDS) and Target Market determination (TMD) which are available at www.3iq-au.com, and assess whether the Funds are appropriate given your objectives, financial situation or needs. If you require advice that takes into account your personal circumstances, you should consult a licensed or authorized financial adviser.

Neither Perpetual nor 3iQ Corp guarantees repayment of capital or any particular rate of return from the Funds. Neither Perpetual nor 3iQ Corp gives any representation or warranty as to the currency, reliability, completeness or accuracy of the information contained in this website. All opinions and estimates included in this website constitute judgments of 3iQ as at the date of website creation and are subject to change without notice. Past performance is not a reliable indicator of future performance.

This website may contain links/pages to websites prepared by people who are not Perpetual employees or representatives. Such information is provided for your interest and convenience only. Perpetual has not independently verified (and to the extent permitted by law disclaim all liability for) its accuracy or completeness and it does not constitute our recommendation or opinion.

Fred Pye

Frederick T. Pye

CHAIRMAN, CHIEF EXECUTIVE OFFICER & DIRECTOR

Frederick T. Pye is the Chairman, Chief Executive Officer and Director of 3iQ Corp. He is also the Chairman and Director of 3iQ Digital Holdings Inc. Mr. Pye is recognized for creating and promoting creative and unique investment products for the investment industry.

Mr. Pye has managed private client portfolios with Landry Investment Management and various other investment dealers. Prior to this Mr. Pye was Founder, President & Chief Executive Officer of Argentum Management and Research Corporation, a company dedicated to managing and distributing quantitative investment portfolios including the first long-short mutual fund in Canada.

He was also Senior Vice-President and National Sales Manager of Fidelity Investments Canada and an integral part of the team that saw assets rise from $80 million to over $7.5 billion in assets under management during his tenure. He also held various positions with Guardian Trust Company, which listed the first Gold, Silver and Platinum Certificates on the Montreal Exchange.

Mr. Pye obtained a Masters in Business Administration from Concordia University.