Subject: DIV
Evolve Announces October 2018 Distributions for Evolve ETFs
TORONTO, Oct. 17, 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 October 31, 2018, as indicated in the table below.
Unitholders of record on October 24, 2018 will receive cash distributions payable on or about October 31, 2018.
Evolve ETF | Ticker | Distribution per Unit | Annualized Yield1 | Frequency |
Evolve US Banks Enhanced Yield ETF | CALL CALL.B | $0.0750 $0.0750 | 4.578% 4.395% | Monthly Monthly |
Evolve Active US Core Equity ETF | CAPS CAPS.B | $0.0150 $0.0150 | 0.802% 0.764% | Monthly Monthly |
Evolve Automobile Innovation Index ETF | CARS CARS.B CARS.U | $0.0110 $0.0110 $0.0110 | 0.677% 0.652% 0.744% | Monthly Monthly Monthly |
Evolve Cyber Security Index ETF | CYBR CYBR.B | $0.0050 $0.0050 | 0.236% 0.221% | Monthly Monthly |
Evolve Active Canadian Preferred Share ETF | DIVS | $0.0700 | 4.012% | Monthly |
Evolve North American Gender Diversity Index ETF | HERS HERS.B | $0.0330 $0.0330 | 1.843% 1.757% | Monthly Monthly |
Evolve Global Healthcare Enhanced Yield ETF | LIFE LIFE.B | $0.0725 $0.0725 | 4.434% 4.153% | Monthly Monthly |
Evolve Active Short Duration Bond ETF | TIME TIME.B | $0.0700 $0.0700 | 4.376% 4.187% | Monthly Monthly |
Evolve Active Core Fixed Income ETF | FIXD | $0.0550 | 3.373% | Monthly |
1 Based on the applicable October 16, 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
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