TORONTO, May 16, 2018 /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 May 31,
2018, as indicated in the table below.
Unitholders of record on May 24,
2018 will receive cash distributions payable on or about
May 31, 2018.
|
Evolve
ETF
|
Ticker
|
Distribution per
Unit
|
Annualized
Yield1
|
Frequency
|
|
Evolve US Banks
Enhanced Yield ETF
|
CALL
CALL.B
|
$0.0750
$0.0750
|
4.101%
3.995%
|
Monthly
Monthly
|
|
Evolve Active US Core
Equity ETF
|
CAPS
CAPS.B
|
$0.0150
$0.0150
|
0.819%
0.792%
|
Monthly
Monthly
|
|
Evolve Automobile
Innovation Index ETF
|
CARS
CARS.B
CARS.U
|
$0.0110
$0.0110
$0.0110
|
0.621%
0.599%
0.676%
|
Monthly
Monthly
Monthly
|
|
Evolve Cyber Security
Index ETF
|
CYBR
CYBR.B
|
$0.0050
$0.0050
|
0.245%
0.233%
|
Monthly
Monthly
|
|
Evolve Active
Canadian Preferred Share ETF
|
DIVS
|
$0.0700
|
4.008%
|
Monthly
|
|
Evolve North American
Gender Diversity Index ETF
|
HERS
HERS.B
|
$0.0330
$0.0330
|
1.864%
1.800%
|
Monthly
Monthly
|
|
Evolve Global
Healthcare Enhanced Yield ETF
|
LIFE
LIFE.B
|
$0.0725
$0.0725
|
4.672%
4.397%
|
Monthly
Monthly
|
|
Evolve Active Short
Duration Bond ETF
|
TIME
TIME.B
|
$0.0700
$0.0700
|
4.346%
4.216%
|
Monthly
Monthly
|
|
Evolve Active Core
Fixed Income ETF
|
FIXD
|
$0.0550
|
3.336%
|
Monthly
|
1 Based on the applicable May
15, 2018 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.
Evolve specializes in
bringing innovative ETFs to Canadian investors. Evolve's
suite of fifteen 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