TORONTO, Dec. 14, 2017 /CNW/ - Evolve Funds Group
Inc. ("Evolve") is pleased to announce the distribution amounts per
unit (the "Distributions") for certain exchange traded funds (the
"Evolve ETFs") for the period ending December 29, 2017, as indicated in the table
below.
Unitholders of record on December 21,
2017 will receive cash distributions payable on or about
December 29, 2017.
Evolve
ETF
|
Ticker
|
Distribution
per Unit
|
Annualized Y
ield1
|
Frequency
|
Evolve US Banks
Enhanced Yield ETF
|
CALL
CALL.B
|
$0.0750
$0.0750
|
4.289%
4.154%
|
Monthly
Monthly
|
Evolve Active US Core
Equity ETF
|
CAPS
CAPS.B
|
$0.0150
$0.0150
|
0.861%
0.834%
|
Monthly
Monthly
|
Evolve Automobile
Innovation Index ETF
|
CARS
CARS.B
CARS.U
|
$0.0110
$0.0110
$0.0110
|
0.634%
0.612%
0.693%
|
Monthly
Monthly
Monthly
|
Evolve Cyber Security
Index ETF
|
CYBR
CYBR.B
|
$0.0050
$0.0050
|
0.290%
0.275%
|
Monthly
Monthly
|
Evolve Active
Canadian Preferred Share ETF
|
DIVS
|
$0.0700
|
4.124%
|
Monthly
|
Evolve North American
Gender Diversity Index ETF
|
HERS
HERS.B
|
$0.0330
$0.0330
|
1.864%
1.811%
|
Monthly
Monthly
|
Evolve Global
Healthcare Enhanced Yield ETF
|
LIFE
LIFE.B
|
$0.0725
$0.0725
|
4.480%
4.404%
|
Monthly
Monthly
|
Evolve Active Short
Duration Bond ETF
|
TIME
TIME.B
|
$0.0700
$0.0700
|
4.252%
4.120%
|
Monthly
Monthly
|
1 Based on the applicable December 13, 2017 net asset value per unit, which
is available at www.evolveetfs.com
In addition to the above distribution for Evolve Active Short
Duration Bond ETF, unitholders of record on December 21, 2017 will also receive a one-time
special cash distribution (the "special distribution") payable on
or about December 29, 2017.
Evolve
ETF
|
Ticker
|
Special
Distribution per Unit
|
Evolve Active Short
Duration Bond ETF
|
TIME
TIME.B
|
$0.0700
$0.0700
|
Distributions for the ETFs will vary from period to
period. The special distribution is final. For further
information regarding the Distributions, please visit
www.evolveetfs.com
Commissions, management fees and applicable sales taxes all
may be associated with an investment in the exchange traded funds
managed by Evolve Funds Group Inc. (the "ETFs"). The ETFs are not
guaranteed, their values change frequently and past performance may
not be repeated. The prospectus contains important detailed
information about the ETFs. Please read the prospectus
before investing.
Certain statements contained in this news release constitute
forward-looking information within the meaning of Canadian
securities laws. Forward-looking information may relate to a future
outlook and anticipated distributions, 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. Actual results may vary from such
forward-looking information. Evolve Funds undertakes no obligation
to update publicly or otherwise revise any forward-looking
statement whether as a result of new information, future events or
other such factors which affect this information, except as
required by law.
About Evolve Funds Group Inc.
Evolve specializes in bringing innovative ETFs to Canadian
investors. Currently, Evolve has eight ETFs listed on the
Toronto Stock Exchange. Evolve's suite of ETFs provide
investors with access to: (i) long term investment themes; and (ii)
some of the world's leading investment managers. Established
by a team of industry veterans with a proven track record of
success, we create investment products that make a difference.
For more information, please visit www.evolveetfs.com.
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SOURCE Evolve Funds Group Inc.