TORONTO, Jan. 4, 2021 /CNW/ - Evolve Funds Group Inc.
("Evolve") announces an update to the final special year end
non-cash notional, reinvested income and capital gains distribution
per unit (the "Distributions") for certain ETFs (the "Evolve ETFs")
for the 2020 tax year.
These distributions are for the annual non-cash capital gains
and income distributions, which are typically reinvested in
additional units of the respective Evolve ETFs at the year-end, and
do not include estimates of ongoing monthly or quarterly cash
distribution amounts. The additional units will be immediately
consolidated with the previously outstanding units such that the
number of outstanding units following the distribution will equal
the number of units outstanding prior to the distribution.
The record date for the 2020 annual distributions is
December 30, 2020. The actual taxable
amounts of reinvested and cash distributions for 2020, including
the tax characteristics of the distributions, will be reported to
brokers (through CDS Clearing and Depository Services Inc. or
"CDS") in early 2021.
Details regarding the "per unit" distribution amounts are as
follows:
|
Evolve
ETFs
|
Ticker
|
Final
Reinvested
Income Distribution
Per
Unit
|
Final
Reinvested
Capital Gains
Distribution
Per
Unit
|
|
Evolve Global
Materials & Mining Enhanced Yield Index ETF
|
BASE
BASE.B
|
0.000000000
0.000000000
|
0.715864000
0.427321826
|
|
Evolve US Banks
Enhanced Yield Fund
|
CALL
CALL.B
CALL.U
|
0.000000000
0.000000000
0.000000000
|
0.000000000
0.000000000
0.000000000
|
|
Evolve Automobile
Innovation Index Fund
|
CARS
CARS.B
CARS.U
|
0.000000000
0.000000000
0.000000000
|
3.494236566
0.000000000
5.375916400
|
|
Evolve Cyber Security
Index Fund
|
CYBR
CYBR.B
CYBR.U
|
0.000000000
0.000000000
0.000000000
|
1.692020167
1.579848863
3.154107067
|
|
Evolve Active
Canadian Preferred Share Fund
|
DIVS
|
0.000000000
|
0.000000000
|
|
Evolve Active Global
Fixed Income Fund
|
EARN
|
0.000000000
|
0.000000000
|
|
Evolve Innovation
Index Fund
|
EDGE
|
0.005752773
|
1.945333473
|
|
Evolve Active Core
Fixed Income Fund
|
FIXD
|
0.000000000
|
0.597184529
|
|
Evolve E-Gaming Index
ETF
|
HERO
|
0.000000000
|
0.397248326
|
|
High Interest Savings
Account Fund
|
HISA
|
0.000000000
|
0.000000000
|
|
Evolve Future
Leadership Fund
|
LEAD
LEAD.B
LEAD.U
|
0.000000000
0.000000000
0.000000000
|
0.000000000
0.000000000
0.000000000
|
|
Evolve Global
Healthcare Enhanced Yield Fund
|
LIFE
LIFE.B
LIFE.U
|
0.000000000
0.000000000
0.000000000
|
0.000000000
0.000000000
0.000000000
|
|
Evolve Dividend
Stability Preferred Share Index ETF
|
PREF
|
0.000000000
|
0.000000000
|
Distributions for the Evolve ETFs 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 $1.4 billion in assets under management, Evolve
is one of Canada's fastest growing
ETF providers since launching its first ETF in September 2017. Evolve is a leader in thematic
ETFs and specializes in bringing disruptive innovation 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, Evolve creates investment products
that make a difference. For more information, please visit
www.evolveetfs.com.
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SOURCE Evolve ETFs
