In the news release, Evolve Announces September 2024 Distributions for Certain Evolve
Funds, issued 18-Sep-2024 by Evolve
ETFs over PR Newswire, we are advised by the company that the
period ending date was incorrectly stated as August 31, 2024. The correct period ending date
is September 30, 2024. All other
aspects of the news release remain unchanged. The revised news
release follows:
Evolve Announces September 2024 Distributions for Certain Evolve
Funds
TORONTO , Sept. 18,
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 September 30, 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 September 26, 2024.
For the distributions for all other Evolve Funds, the ex-dividend
date and record date is anticipated to be September 27, 2024. Unitholders of Evolve Funds
on record date will receive cash distributions payable on or about
October 4, 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 Innovation Index
Fund
|
EDGE
EDGE.U
|
$0.00500
USD $0.00500
|
Quarterly
Quarterly
|
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
|
Evolve E-Gaming Index
ETF
|
HERO
|
$0.05000
|
Quarterly
|
High Interest Savings
Account Fund
|
HISA
|
$0.15862
|
Monthly
|
US High Interest
Savings Account Fund
|
HISU.U
|
USD $0.38985
|
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
|
$0.33872
|
Monthly
|
US Premium Cash
Management Fund
|
MUSD.U
|
USD $0.40207
|
Monthly
|
Evolve NASDAQ
Technology Index Fund
|
QQQT
QQQT.B
QQQT.U
|
$0.03000
$0.03000
USD $0.03000
|
Quarterly
Quarterly
Quarterly
|
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
|
Evolve Canadian
Utilities Enhanced Yield Index Fund
|
UTES
|
$0.13800
|
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.
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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 Weightedâ„¢ 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