Evolve Canadian Banks and Lifecos Enhan Yd In Fd A T.BANK

The Evolve Fund seeks to replicate, to the extent reasonably possible before fees and expenses, up to a 1.25 times multiple of the performance of the Solactive Canadian Core Financials Equal Weight Index, or any successor thereto, while mitigating downside risk. The Evolve Fund will seek to achieve its investment objective by borrowing cash to invest in and hold a proportionate share of, or a sampling of the constituent securities of, the Index in order to track up to approximately 1.25 times the performance of the Index. In order to achieve its investment objective and to obtain direct or indirect exposure to the Constituent Securities of the Index, the Evolve Fund may hold the Constituent Securities of the Index in approximately the same proportion as they are reflected in the Index or may hold securities of one or more exchange traded funds that replicate the performance of the Index, or a subset of such Index.

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Evolve Canadian Banks and Lifecos Enhan Yd In Fd A

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Post by pandscaon Sep 16, 2023 11:07am

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Post# 35639646

I'm a bit confused by the Ex Div Date and the Div Date

I'm seeing the same date for the ex div date and the div date.

Ex-Distribution date	Aug 30, 2023
Payment date	Aug 30, 2023

I'm not new to divs, but have never seen one with the same date for both.

Should I assume this is some misprint and buying this any time before 30 August will qualify me for the end September div and not the end August div?

I'm reading that extract from the table as my being able to purchase on 30 Aug. and getting the 30 Aug. payout, but pretty sure that's not the case.

Can anyone please clarify this?

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