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
Phone: (416) 593-8118 Web site: www.osc.gov.on.ca
VIA SEDAR
August 8, 2023
Fasken Martineau DuMoulin LLP
Attention: Garth Foster
Re: Tralucent Asset Management Inc. (the Filer)
Tralucent Global Alt (Long/Short) Equity Fund (the Fund)
Preliminary Simplified Prospectus, fund facts document and ETF facts document dated April 19, 2023
Exemptive Relief Application pursuant to Section 6.1 of National Instrument 81-101 General Prospectus Requirements (NI 81-101)
Application No. 2023/0317; SEDAR Project No. 03521173
_________________________________________________________________________________
By letter dated July 11, 2023 (the Application), the Filer, the manager of the Fund, 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 Fund’s prospectus, subject to the condition that the prospectus be filed no later than September 15, 2023.
Yours very truly,
“Darren McKall”
_____________________________________
Darren McKall
Manager, Investment Funds and Structured Products Branch
Ontario Securities Commission