TORONTO, Aug. 21,
2024 /CNW/ - Evolve Funds Group Inc. ("Evolve") is
pleased to announce the distribution amounts per unit (the
"Distributions") for certain funds (the "Evolve Funds"), for the
period ending August 31, 2024, as
indicated in the table below.
The ex-dividend date and record date for the Distributions of
the High Interest Savings Account Fund ("HISA"), US High Interest
Savings Account Fund ("HISU.U"), Premium Cash Management Fund
("MCAD") and US Premium Cash Management Fund ("MUSD.U") is
anticipated to be August 29, 2024.
For the distributions for all other Evolve Funds, the ex-dividend
date and record date is anticipated to be August 30, 2024. Unitholders of Evolve Funds on
record date will receive cash distributions payable on or about
September 9, 2024.
Evolve
Funds
|
Ticker
Symbol
|
Distribution
per
Unit
|
Frequency
|
Evolve Canadian Banks
and Lifecos Enhanced Yield Index Fund
|
BANK
|
$0.10000
|
Monthly
|
Evolve Global Materials
& Mining Enhanced Yield Index ETF
|
BASE
BASE.B
|
$0.20000
$0.20000
|
Monthly
Monthly
|
Evolve Enhanced Yield
Bond Fund
|
BOND
BOND.B
BOND.U
|
$0.19000
$0.19000
USD $0.19000
|
Monthly
Monthly
Monthly
|
Evolve US Banks
Enhanced Yield Fund
|
CALL
CALL.B
CALL.U
|
$0.12500
$0.12500
USD $0.12500
|
Monthly
Monthly
Monthly
|
Evolve Automobile
Innovation Index Fund
|
CARS
CARS.B
CARS.U
|
$0.02000
$0.02000
USD $0.02000
|
Monthly
Monthly
Monthly
|
Evolve Cyber Security
Index Fund
|
CYBR
CYBR.B
CYBR.U
|
$0.01000
$0.01000
USD $0.01000
|
Monthly
Monthly
Monthly
|
Evolve Cloud Computing
Index Fund
|
DATA
DATA.B
|
$0.01000
$0.01000
|
Monthly
Monthly
|
Evolve Active Canadian
Preferred Share Fund
|
DIVS
|
$0.07000
|
Monthly
|
Evolve Active Global
Fixed Income Fund
|
EARN
|
$0.12500
|
Monthly
|
Evolve European Banks
Enhanced Yield ETF
|
EBNK
EBNK.B
EBNK.U
|
$0.14500
$0.14500
USD $0.14500
|
Monthly
Monthly
Monthly
|
Evolve S&P
500® Enhanced Yield Fund
|
ESPX
ESPX.B
ESPX.U
|
$0.15500
$0.15500
USD $0.15500
|
Monthly
Monthly
Monthly
|
Evolve S&P/TSX 60
Enhanced Yield Fund
|
ETSX
|
$0.16000
|
Monthly
|
Evolve Active Core
Fixed Income Fund
|
FIXD
|
$0.05500
|
Monthly
|
High Interest Savings
Account Fund
|
HISA
|
$0.17799
|
Monthly
|
US High Interest
Savings Account Fund
|
HISU.U
|
USD $0.43232
|
Monthly
|
Evolve Future
Leadership Fund
|
LEAD
LEAD.B
LEAD.U
|
$0.10500
$0.10500
USD $0.10500
|
Monthly
Monthly
Monthly
|
Evolve Global
Healthcare Enhanced Yield Fund
|
LIFE
LIFE.B
LIFE.U
|
$0.19000
$0.19000
USD $0.19000
|
Monthly
Monthly
Monthly
|
Premium Cash Management
Fund
|
MCAD
|
$0.38560
|
Monthly
|
US Premium Cash
Management Fund
|
MUSD.U
|
USD $0.43419
|
Monthly
|
Evolve NASDAQ
Technology Enhanced Yield Index Fund
|
QQQY
|
$0.32000
|
Monthly
|
Evolve FANGMA Index
ETF
|
TECH
TECH.B
TECH.U
|
$0.00160
$0.00160
USD $0.00160
|
Monthly
Monthly
Monthly
|
Distributions for the funds will vary from period to period.
For further information regarding the Distributions, please
visit www.evolveetfs.com
Commissions, management fees and expenses all may be
associated with exchange traded funds (ETFs) and mutual funds. ETFs
and mutual funds are not guaranteed, their values change frequently
and past performance may not be repeated. There are risks involved
with investing in ETFs and mutual funds. Please read the prospectus
for a complete description of risks relevant to ETFs and mutual
funds. Investors may incur customary brokerage commissions in
buying or selling ETF and mutual fund units. 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 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.
With over $7 billion in assets
under management, Evolve is one of Canada's fastest growing ETF providers since
launching its first ETF in September
2017. Evolve specializes in bringing innovative ETFs to
Canadian investors. Evolve's suite of ETFs provide investors with
access to: (i) index-based income strategies; (ii) long term
investment themes; and (iii) some of the world's leading investment
managers. Established by a team of industry veterans with a proven
track record of success, Evolve creates investment products that
make a difference. For more information, please visit
www.evolveetfs.com.
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The S&P 500® Index and the S&P/TSX 60 Index
are each a product of S&P Dow Jones Indices LLC or its
affiliates ("SPDJI"), and has been licensed for use by the
Evolve Funds. S&P® and S&P
500® are trademarks of S&P Global, Inc. or its
affiliates ("S&P"); Dow Jones® is a
registered trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones"). It is not possible to invest directly in an
index. The Evolve Funds are not sponsored, endorsed, sold or
promoted by SPDJI, Dow Jones, S&P, any of their respective
affiliates (collectively, "S&P Dow Jones
Indices"). S&P Dow Jones Indices does not make
any representation or warranty, express or implied, to the owners
of the Evolve Funds or any member of the public regarding the
advisability of investing in securities generally or in the Evolve
Funds particularly or the ability of the
S&P 500® Index and the S&P/TSX 60 Index to
track general market performance. Past performance of an index is
not an indication or guarantee of future results. S&P Dow Jones
Indices' only relationship to the Evolve Funds with respect to the
S&P 500® Index and the S&P/TSX 60 Index is
the licensing of the Indexes and certain trademarks, service
marks and/or trade names of S&P Dow Jones Indices and/or its
licensors. The S&P 500® Index and the
S&P/TSX 60 Index are determined, composed and calculated
by S&P Dow Jones Indices without regard to the Evolve Funds.
S&P Dow Jpones Indices have no obligation to take the needs of
the Evolve Funds or the owners of the Evolve Funds into
consideration in determining, composing or calculating the
S&P 500® Index and the S&P/TSX 60
Index. S&P Dow Jones Indices has no obligation or
liability in connection with the administration, marketing or
trading of the Evolve Funds. There is no assurance that
investment products based on the S&P 500® Index
or the S&P/TSX 60 Index will accurately track index performance
or provide positive investment returns. S&P Dow Jones Indices
LLC is not an "investment adviser, commodity trading advisory,
commodity pool operator, broker dealer, fiduciary, promoter" (as
defined in the Investment Company Act of 1940, as amended),
"expert" as enumerated within 15 U.S.C. s. 77k(a) or tax advisor. Inclusion of a security,
commodity, crypto currency or other asset within
an index is not a recommendation by S&P Dow Jones Indices to
buy, sell, or hold such security, commodity, crypto
currency or other asset, nor is it considered to be investment
advice or commodity trading advice.
S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY,
ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE
S&P 500® INDEX AND THE S&P/TSX 60
INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING
BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING
ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES
INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY
ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES
MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL
WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE
OR USE OR AS TO RESULTS TO BE OBTAINED BY THE EVOLVE FUNDS,
THE OWNERS OF THE EVOLVE FUNDS, OR ANY OTHER PERSON OR
ENTITY FROM THE USE OF THE S&P 500® INDEX AND THE
S&P/TSX 60 INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO.
WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL
S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL,
INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT
LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL,
EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES,
WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P
DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY
PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL
OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR
OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF
ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES
AND THE EVOLVE FUNDS OTHER THAN THE LICENSORS OF S&P
DOW JONES INDICES.
Nasdaq®, Nasdaq-100®, Nasdaq-100
Index®, Nasdaq-100 Technology Sector Adjusted Market-Cap
Weighted™ Index are trademarks of Nasdaq, Inc. (which with its
affiliates is referred to as the "Corporations") and are licensed
for use by Evolve ETFs. The Product(s) have not been passed on by
the Corporations as to their legality or suitability. The
Product(s) are not issued, endorsed, sold, or promoted by the
Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO
LIABILITY WITH RESPECT TO THE PRODUCT(S).
SOURCE Evolve ETFs