TORONTO, Nov. 22, 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 November 29, 2019, as indicated in the tables
below.
FINAL DISTRIBUTIONS
Unitholders of record on November 29,
2019 will receive cash distributions payable on or about
December 6, 2019, as indicated in the
table below for the following Evolve ETFs:
|
Evolve
Funds
|
Ticker
|
Distribution
per Unit
|
Annualized
Yield1
|
Frequency
|
|
Evolve Global
Materials & Mining Enhanced Yield Index ETF
|
BASE
BASE.B
|
$0.1000
$0.1000
|
6.016%
6.033%
|
Monthly
Monthly
|
|
Evolve US Banks
Enhanced Yield Fund
|
CALL
CALL.B
|
$0.1150
$0.1150
|
7.089%
6.531%
|
Monthly
Monthly
|
|
Evolve Automobile
Innovation Index Fund
|
CARS
CARS.B
CARS.U
|
$0.0110
$0.0110
USD
$0.0110
|
0.589%
0.557%
0.646%
|
Monthly
Monthly
Monthly
|
|
Evolve Cyber Security
Index Fund
|
CYBR
CYBR.B
CYBR.U
|
$0.0050
$0.0050
USD
$0.0050
|
0.207%
0.187%
0.185%
|
Monthly
Monthly
Monthly
|
|
Evolve Active
Canadian Preferred Share Fund
|
DIVS
|
$0.0700
|
5.143%
|
Monthly
|
|
Evolve Active Global
Fixed Income Fund
|
EARN
|
$0.1249
|
2.930%
|
Monthly
|
|
Evolve Active Core
Fixed Income Fund
|
FIXD
|
$0.0550
|
3.323%
|
Monthly
|
|
Evolve North American
Gender Diversity Index Fund
|
HERS
HERS.B
|
$0.0330
$0.0330
|
1.727%
1.591%
|
Monthly
Monthly
|
|
Evolve Global
Healthcare Enhanced Yield Fund
|
LIFE
LIFE.B
|
$0.1150
$0.1150
|
6.761%
6.206%
|
Monthly
Monthly
|
|
Evolve Dividend
Stability Preferred Share Index ETF
|
PREF
|
$0.0950
|
4.506%
|
Monthly
|
1 Based on the applicable November 21, 2019 net asset value per unit, which
is available at www.evolveetfs.com
ESTIMATED DISTRIBUTIONS
It is estimated that unitholders of record on November 29, 2019 may receive cash distributions
payable on or about December 6, 2019
as indicated in the table below for the following Evolve ETFs:
|
Evolve
ETF
|
Ticker
|
Distribution
per Unit (Est.)
|
Annualized
Yield1
|
Frequency
|
|
Evolve Active US Core
Equity ETF
|
CAPS
CAPS.B
CAPS.U
|
$0.0000
$0.0000
USD
$0.0000
|
0.000%
0.000%
0.000%
|
Monthly
Monthly
Monthly
|
|
Evolve Active Short
Duration Bond ETF
|
TIME
TIME.B
|
$0.0000
$0.0000
|
0.000%
0.000%
|
Monthly
Monthly
|
1 Based on the applicable November 21, 2019 net asset value per unit, which
is available at www.evolveetfs.com
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 applicable sales taxes all
may be associated with an investment in the exchange traded funds
(the "ETFs") managed by Evolve Funds Group Inc. 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.
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