TORONTO , July 22,
2024 /CNW/ - Evolve Funds Group Inc. ("Evolve") is
pleased to announce the distribution amounts per unit (the
"Distributions") for certain funds (the "Evolve Funds"), for the
period ending July 31, 2024, as
indicated in the table below.
The ex-dividend date and record date for the Distributions of
the High Interest Savings Account Fund ("HISA"), US High Interest
Savings Account Fund ("HISU.U"), Premium Cash Management Fund
("MCAD") and US Premium Cash Management Fund ("MUSD.U") is
anticipated to be July 30, 2024. For
the distributions for all other Evolve Funds, the exdividend date
and record date is anticipated to be July
31, 2024. Unitholders of Evolve Funds on record date will
receive cash distributions payable on or about August 8, 2024.
Evolve
Funds
|
Ticker
Symbol
|
Distribution
per Unit
|
Frequency
|
Evolve Canadian Banks
and Lifecos Enhanced Yield Index Fund
|
BANK
|
$0.10000
|
Monthly
|
Evolve Global Materials
& Mining Enhanced Yield Index ETF
|
BASE
BASE.B
|
$0.20000
$0.20000
|
Monthly
Monthly
|
Evolve Enhanced Yield
Bond Fund
|
BOND
BOND.B
BOND.U
|
$0.19000
$0.19000
USD $0.19000
|
Monthly
Monthly
Monthly
|
Evolve US Banks
Enhanced Yield Fund
|
CALL
CALL.B
CALL.U
|
$0.12500
$0.12500
USD $0.12500
|
Monthly
Monthly
Monthly
|
Evolve Automobile
Innovation Index Fund
|
CARS
CARS.B
CARS.U
|
$0.02000
$0.02000
USD $0.02000
|
Monthly
Monthly
Monthly
|
Evolve Cyber Security
Index Fund
|
CYBR
CYBR.B
CYBR.U
|
$0.01000
$0.01000
USD $0.01000
|
Monthly
Monthly
Monthly
|
Evolve Cloud Computing
Index Fund
|
DATA
DATA.B
|
$0.01000
$0.01000
|
Monthly
Monthly
|
Evolve Active Canadian
Preferred Share Fund
|
DIVS
|
$0.07000
|
Monthly
|
Evolve Active Global
Fixed Income Fund
|
EARN
|
$0.12500
|
Monthly
|
Evolve European Banks
Enhanced Yield ETF
|
EBNK
EBNK.B
EBNK.U
|
$0.14500
$0.14500
USD $0.14500
|
Monthly
Monthly
Monthly
|
Evolve S&P 500®
Enhanced Yield Fund
|
ESPX
ESPX.B
ESPX.U
|
$0.15500
$0.15500
USD $0.15500
|
Monthly
Monthly
Monthly
|
Evolve S&P/TSX 60
Enhanced Yield Fund
|
ETSX
|
$0.16000
|
Monthly
|
Evolve Active Core
Fixed Income Fund
|
FIXD
|
$0.05500
|
Monthly
|
High Interest Savings
Account Fund
|
HISA
|
$0.20556
|
Monthly
|
US High Interest
Savings Account Fund
|
HISU.U
|
USD $0.47144
|
Monthly
|
Evolve Future
Leadership Fund
|
LEAD
LEAD.B
LEAD.U
|
$0.10500
$0.10500
USD $0.10500
|
Monthly
Monthly
Monthly
|
Evolve Global
Healthcare Enhanced Yield Fund
|
LIFE
LIFE.B
LIFE.U
|
$0.19000
$0.19000
USD $0.19000
|
Monthly
Monthly
Monthly
|
Premium Cash Management
Fund
|
MCAD
|
$0.43497
|
Monthly
|
US Premium Cash
Management Fund
|
MUSD.U
|
USD $0.48286
|
Monthly
|
Evolve NASDAQ
Technology Enhanced Yield Index Fund
|
QQQY
|
$0.32000
|
Monthly
|
Evolve FANGMA Index
ETF
|
TECH
TECH.B
TECH.U
|
$0.00160
$0.00160
USD $0.00160
|
Monthly
Monthly
Monthly
|
Distributions for the funds will vary from period to
period. For further information regarding the Distributions,
please visit www.evolveetfs.com
Commissions, management fees and expenses all may be
associated with exchange traded funds (ETFs) and mutual funds. ETFs
and mutual funds are not guaranteed, their values change frequently
and past performance may not be repeated. There are risks involved
with investing in ETFs and mutual funds. Please read the prospectus
for a complete description of risks relevant to ETFs and mutual
funds. Investors may incur customary brokerage commissions in
buying or selling ETF and mutual fund units. 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.
With over $7 billion in assets
under management, Evolve is one of Canada's fastest growing ETF providers since
launching its first ETF in September
2017. Evolve specializes in bringing innovative ETFs to
Canadian investors. Evolve's suite of ETFs provide investors with
access to: (i) index-based income strategies; (ii) long term
investment themes; and (iii) some of the world's leading investment
managers. Established by a team of industry veterans with a proven
track record of success, Evolve creates investment products that
make a difference. For more information, please visit
www.evolveetfs.com.
Join us on social media: Twitter | LinkedIn |
Facebook | Youtube
The S&P 500® Index and the S&P/TSX 60 Index are each a
product of S&P Dow Jones Indices LLC or its affiliates
("SPDJI"), and has been licensed for use by the Evolve
Funds. S&P® and S&P 500® are trademarks of S&P Global,
Inc.
or its affiliates ("S&P"); Dow Jones® is a registered
trademark of Dow Jones Trademark Holdings LLC ("Dow
Jones"). It is not possible to invest directly in an
index. The Evolve Funds are not sponsored, endorsed, sold or
promoted by SPDJI, Dow Jones, S&P, any of their respective
affiliates (collectively, "S&P Dow Jones Indices").
S&P Dow Jones Indices does not make any representation or
warranty, express or implied, to the owners of the Evolve Funds or
any member of the public regarding the advisability of investing in
securities generally or in the Evolve Funds particularly or the
ability of the S&P 500® Index and the S&P/TSX 60 Index to
track general market performance. Past performance of an
index is not an indication or guarantee of future results. S&P
Dow Jones Indices' only relationship to the Evolve Funds with
respect to the S&P 500® Index and the S&P/TSX 60 Index is
the licensing of the Indexes and certain trademarks, service marks
and/or trade names of S&P Dow Jones Indices and/or its
licensors. The S&P 500® Index and the S&P/TSX 60
Index are determined, composed and calculated by S&P Dow Jones
Indices without regard to the Evolve Funds. S&P Dow
Jpones Indices have no obligation to take the needs of the Evolve
Funds or the owners of the Evolve Funds into consideration in
determining, composing or calculating the S&P 500® Index and
the S&P/TSX 60 Index. S&P Dow Jones Indices has no
obligation or liability in connection with the administration,
marketing or trading of the Evolve Funds. There is no
assurance that investment products based on the S&P 500® Index
or the S&P/TSX 60 Index will accurately track index performance
or provide positive investment returns. S&P Dow Jones
Indices LLC is not an "investment adviser, commodity trading
advisory, commodity pool operator, broker dealer, fiduciary,
promoter" (as defined in the Investment Company Act of 1940, as
amended), "expert" as enumerated within 15 U.S.C. s. 77k(a) or tax advisor. Inclusion of a
security, commodity, crypto currency or other asset
within an index is not a recommendation by S&P Dow Jones
Indices to buy, sell, or hold such security, commodity,
crypto currency or other asset, nor is it considered
to be investment advice or commodity trading advice.
S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY,
ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500®
INDEX AND THE S&P/TSX 60 INDEX OR ANY DATA RELATED THERETO OR
ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN
COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT
THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT
TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS
THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR
IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF
MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO
RESULTS TO BE OBTAINED BY THE EVOLVE FUNDS, THE OWNERS OF THE
EVOLVE FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF
THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR WITH RESPECT
TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE
FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES
BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR
CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF
PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE
BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN
CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P DOW
JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY
PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL
OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR
OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF
ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES
AND THE EVOLVE FUNDS OTHER THAN THE LICENSORS OF S&P DOW JONES
INDICES.
Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Technology
Sector Adjusted Market-Cap Weighted™ Index are trademarks of
Nasdaq, Inc. (which with its affiliates is referred to as the
"Corporations") and are licensed for use by Evolve ETFs. The
Product(s) have not been passed on by the Corporations as to their
legality or suitability. The Product(s) are not issued, endorsed,
sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO
WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE
PRODUCT(S).
SOURCE Evolve ETFs