TORONTO, July 24, 2019 /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 July
31, 2019, as indicated in the table below.
Unitholders of record on July 31,
2019 will receive cash distributions payable on or about
August 7, 2019.
|
|
Evolve
ETF
|
Ticker
|
Distribution
per Unit
|
Annualized
Yield1
|
Frequency
|
|
Evolve Global
Materials & Mining Enhanced Yield Index ETF
|
BASE
|
$0.1000
|
5.929%
|
Monthly
|
|
BASE.B
|
$0.1000
|
5.956%
|
Monthly
|
|
Evolve US Banks
Enhanced Yield Fund
|
CALL
|
$0.1150
|
7.330%
|
Monthly
|
|
CALL.B
|
$0.1150
|
6.859%
|
Monthly
|
|
Evolve Active US Core
Equity Fund
|
CAPS
|
$0.0150
|
0.855%
|
Monthly
|
|
CAPS.B
|
$0.0150
|
0.794%
|
Monthly
|
|
CAPS.U
|
USD
$0.0150
|
0.917%
|
Monthly
|
|
Evolve Automobile
Innovation Index Fund
|
CARS
|
$0.0110
|
0.645%
|
Monthly
|
|
CARS.B
|
$0.0110
|
0.614%
|
Monthly
|
|
CARS.U
|
USD $0.011
|
0.705%
|
Monthly
|
|
Evolve Cyber Security
Index Fund
|
CYBR
|
$0.0050
|
0.207%
|
Monthly
|
|
CYBR.B
|
$0.0050
|
0.190%
|
Monthly
|
|
CYBR.U
|
USD
$0.0050
|
0.185%
|
Monthly
|
|
Evolve Active
Canadian Preferred Share Fund
|
DIVS
|
$0.0700
|
5.014%
|
Monthly
|
|
Evolve Active Global
Fixed Income Fund
|
EARN
|
$0.1249
|
2.932%
|
Monthly
|
|
Evolve North American
Gender Diversity Index Fund
|
HERS
|
$0.0330
|
1.754%
|
Monthly
|
|
HERS.B
|
$0.0330
|
1.635%
|
Monthly
|
|
Evolve Global
Healthcare Enhanced Yield Fund
|
LIFE
|
$0.1150
|
7.140%
|
Monthly
|
|
LIFE.B
|
$0.1150
|
6.642%
|
Monthly
|
|
Evolve Active Short
Duration Bond Fund
|
TIME
|
$0.0700
|
4.363%
|
Monthly
|
|
TIME.B
|
$0.0700
|
4.087%
|
Monthly
|
|
Evolve Active Core
Fixed Income Fund
|
FIXD
|
$0.0550
|
3.308%
|
Monthly
|
1 Based on the applicable July 23, 2019 net asset value per unit, which is
available at www.evolveetfs.com
Distributions for the ETFs will vary from period to period.
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 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 assets under
management of over $500 million,
Evolve is one of Canada's fastest
growing ETF providers since launching its first suite of ETFs via
the Toronto Stock Exchange in September 2017. Evolve is a
leader in thematic ETFs and specializes in bringing innovative ETFs
to Canadian investors. Evolve's suite of ETFs provide
investors with access to: (i) long term investment themes; (ii)
index-based income strategies; and (iii) 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 ETFs