Ontario Commission des 22nd Floor 22e étage
Securities valeurs mobilières 20 Queen Street West 20, rue queen ouest
Commission de l’Ontario Toronto ON M5H 3S8 Toronto ON M5H 3S8
Web site: www.osc.gov.on.ca
VIA SEDAR
November 23, 2021
Adelson Law
Attention: Eric Adelson
Re: TruX Exogenous Risk Pool (the Pool) and True Exposure Investments Inc. (TruX)
Preliminary Simplified Prospectus, Annual Information Form, and Fund Facts dated September 14, 2021
Exemptive Relief Application under Part 6 of National Instrument 81-101 Mutual Fund Prospectus Disclosure (NI 81-101)
Application No. 2021/0673; SEDAR Project No. 3278743
By letter dated November 14, 2021 (the Application), TruX, the investment fund manager of the Pool, applied to the Director of the Ontario Securities Commission (the Director) under section 6.1 of NI 81-101 for relief from the operation of subsection 2.1(2) of NI 81-101, which prohibits an issuer from filing a prospectus more than 90 days after the date of the receipt for the preliminary prospectus.
This letter confirms that, based on the information and representations made in the Application, and for the purposes described in the Application, the Director intends to grant the requested exemption to be evidenced by the issuance of a receipt for the Pool’s prospectus, subject to the condition that the prospectus be filed no later than January 27, 2022.
Yours very truly,
"Darren McKall"
Darren McKall
Manager, Investment Funds and Structured Products Branch
Ontario Securities Commission
App. No. 2021/0673