TORONTO, Jan. 3, 2019 /CNW/ - Evolve Funds Group Inc.
("Evolve") is pleased to announce the final distribution amounts per unit (the "Distributions") for certain exchange traded funds
(the "Evolve ETFs") for the period ending December 31, 2018, as indicated in the tables below.
DISTRIBUTIONS
Unitholders of record on December 31, 2018 will receive cash distributions payable on or about
January 8, 2019, as indicated in the table below for the following Evolve ETFs:
|
Evolve ETF
|
Ticker
|
Distribution
per Unit
|
Annualized
Yield1
|
Frequency
|
|
Evolve Active US Core Equity ETF
|
CAPS
CAPS.B
CAPS.U
|
$0.0150
$0.0150
US$0.0150
|
0.931%
0.852%
1.008%
|
Monthly
Monthly
Monthly
|
|
Evolve US Banks Enhanced Yield ETF
|
CALL
CALL.B
|
$0.0750
$0.0750
|
5.428%
4.997%
|
Monthly
Monthly
|
|
Evolve Automobile Innovation Index ETF
|
CARS
CARS.B
CARS.U
|
$0.174251
$0.17845
US$0.0110
|
0.768%
0.714%
0.847%
|
Monthly
Monthly
Monthly
|
|
Evolve Cyber Security Index ETF
|
CYBR
CYBR.B
|
$0.0050
$0.0050
|
0.257%
0.231%
|
Monthly
Monthly
|
|
Evolve Active Canadian Preferred Share ETF
|
DIVS
|
$0.0700
|
4.777%
|
Monthly
|
|
Evolve Active Core Fixed Income ETF
|
FIXD
|
$0.0550
|
3.407%
|
Monthly
|
|
Evolve North American Gender Diversity Index ETF
|
HERS
HERS.B
|
$0.0330
$0.0330
|
2.004%
1.843%
|
Monthly
Monthly
|
|
Evolve Global Healthcare Enhanced Yield ETF
|
LIFE
LIFE.B
|
$0.0725
$0.0725
|
4.672%
4.234%
|
Monthly
Monthly
|
|
Evolve Active Short Duration Bond ETF
|
TIME
TIME.B
|
$0.0700
$0.0700
|
4.449%
4.095%
|
Monthly
Monthly
|
|
Evolve Innovation Index ETF
|
EDGE
|
$0.0050
|
0.113%
|
Quarterly
|
|
Sphere FTSE Canada Sustainable Yield Index ETF
|
SHC
|
$0.143631
|
3.635%
|
Quarterly
|
|
Sphere FTSE Europe Sustainable Yield Index ETF
|
SHE
|
$0.1000
|
3.994%
|
Quarterly
|
|
Sphere FTSE Emerging Markets Sustainable Yield Index ETF
|
SHZ
|
$0.0650
|
2.745%
|
Quarterly
|
|
|
1 Based on the applicable December 18, 2018 net asset value
per unit, which is available at www.evolveetfs.com
|
NOTIONAL DISTRIBUTIONS
Unitholders of record on December 31, 2018 will receive non-cash notional distributions
("Notional Distribution") payable on or about January 8, 2019 as indicated in the table below for
the following Evolve ETFs:
|
Evolve ETF
|
Ticker
|
Notional Distribution per Unit
|
|
Evolve Automobile Innovation Index ETF
|
CARS
CARS.B
CARS.U
|
$0.339612
$1.572104
US$0.58
|
|
Evolve North American Gender Diversity Index ETF
|
HERS
HERS.B
|
$0.17202128
$1.2590744
|
|
Evolve Marijuana ETF
|
SEED
|
$1.1000651
|
|
Sphere FTSE Canada Sustainable Yield Index ETF
|
SHC
|
$1.06083316
|
|
Sphere FTSE Europe Sustainable Yield Index ETF
|
SHE
|
$1.34595583
|
|
|
1 Based on the applicable December 18, 2018 net asset value
per unit, which is available at www.evolveetfs.com
|
These amounts are for the year-end capital gains distributions only, which will be re-invested and the resulting units
immediately consolidated, so that the number of units held by each investor will not change. The annual capital gains
distributions do not include the ongoing monthly or quarterly distribution amounts.
SPECIAL DISTRIBUTIONS
Unitholders of record on December 31, 2018 will receive a one-time special cash distribution
("Special Distribution") payable on or about January 8, 2019.
|
Evolve ETF
|
Ticker
|
Special Distribution per Unit
|
|
Evolve Active Global Fixed Income ETF
|
EARN
|
$0.131
|
|
Evolve Marijuana ETF
|
SEED
|
$0.05
|
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. This
news release is not an offer or solicitation of an offer or a recommendation to buy or sell any securities or financial
instrument, nor shall it be deemed to provide investment, tax or accounting advice.
About Evolve Funds Group Inc.
Evolve 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.
Join us on social media: Twitter | LinkedIn | Facebook
SOURCE Evolve ETFs
View original content: http://www.newswire.ca/en/releases/archive/January2019/03/c6738.html