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Evolve Announces August 2018 Distributions for Evolve ETFs

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Evolve Announces August 2018 Distributions for Evolve ETFs

Canada NewsWire

TORONTO, Aug. 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 August 31, 2018, as indicated in the table below.

Unitholders of record on August 24, 2018 will receive cash distributions payable on or about August 31, 2018.

Evolve ETF

Ticker

Distribution per Unit

Annualized Yield1

Frequency

Evolve US Banks Enhanced Yield ETF

CALL

CALL.B

$0.0750

$0.0750

4.128%

3.903%

Monthly

Monthly

Evolve Active US Core Equity ETF

CAPS

CAPS.B

$0.0150

$0.0150

0.787%

0.740%

Monthly

Monthly

Evolve Automobile Innovation Index ETF

CARS

CARS.B

CARS.U

$0.0110

$0.0110

$0.0110

0.638%

0.607%

0.704%

Monthly

Monthly

Monthly

Evolve Cyber Security Index ETF

CYBR

CYBR.B

$0.0050

$0.0050

0.233%

0.216%

Monthly

Monthly

Evolve Active Canadian Preferred Share ETF

DIVS

$0.0700

4.006%

Monthly

Evolve North American Gender Diversity Index ETF

HERS

HERS.B

$0.0330

$0.0330

1.807%

1.701%

Monthly

Monthly

Evolve Global Healthcare Enhanced Yield ETF

LIFE

LIFE.B

$0.0725

$0.0725

4.472%

4.151%

Monthly

Monthly

Evolve Active Short Duration Bond ETF

TIME

TIME.B

$0.0700

$0.0700

4.346%

4.098%

Monthly

Monthly

Evolve Active Core Fixed Income ETF

FIXD

$0.0550

3.329%

Monthly

1 Based on the applicable August 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

View original content: http://www.newswire.ca/en/releases/archive/August2018/17/c1072.html

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