Evolve Announces April 2019 Distributions for Evolve ETFs
Canada NewsWire
TORONTO, April 23, 2019
TORONTO, April 23, 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 April 30, 2019, as indicated in the table below.
Unitholders of record on April 30, 2019 will receive cash distributions payable on or about May 7, 2019.
Evolve ETF
| Ticker
| Distribution per Unit
| Annualized Yield1
| Frequency
|
Evolve US Banks Enhanced Yield Fund
| CALL
CALL.B
| $0.1150
$0.1150
| 7.307%
6.764%
| Monthly
Monthly
|
Evolve Active US Core Equity Fund
| CAPS
CAPS.B
CAPS.U
| $0.0150
$0.0150
USD $0.0150
| 0.847%
0.779%
0.913%
| Monthly
Monthly
Monthly
|
Evolve Automobile Innovation Index Fund
| CARS
CARS.B
CARS.U
| $0.0110
$0.0110
USD $0.0110
| 0.632%
0.593%
0.691%
| Monthly
Monthly
Monthly
|
Evolve Cyber Security Index Fund
| CYBR
CYBR.B
| $0.0050
$0.0050
| 0.214%
0.194%
| Monthly
Monthly
|
Evolve Active Canadian Preferred Share Fund
| DIVS
| $0.0700
| 4.813%
| Monthly
|
Evolve Active Global Fixed Income Fund
| EARN
| $0.1249
| 2.960%
| Monthly
|
Evolve North American Gender Diversity Index Fund
| HERS
HERS.B
| $0.0330
$0.0330
| 1.784%
1.647%
| Monthly
Monthly
|
Evolve Global Healthcare Enhanced Yield Fund
| LIFE
LIFE.B
| $0.1150
$0.1150
| 7.473%
6.824%
| Monthly
Monthly
|
Evolve Active Short Duration Bond Fund
| TIME
TIME.B
| $0.0700
$0.0700
| 4.338%
4.019%
| Monthly
Monthly
|
Evolve Active Core Fixed Income Fund
| FIXD
| $0.0550
| 3.351%
| Monthly
|
1 Based on the applicable April 22, 2019 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 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
View original content: http://www.newswire.ca/en/releases/archive/April2019/23/c2212.html
CONTACT INFORMATION: Evolve ETFs, info@evolveetfs.com, t. 416.214.4884, tf. 1.844.370.4884; MEDIA CONTACT: Keith Crone, kcrone@evolveetfs.com, 416.572.2111Copyright CNW Group 2019