TORONTO, May 19, 2022
/CNW/ - Evolve Funds Group Inc. ("Evolve") announces
the estimated income distribution and capital gain distribution
amounts per unit (the "Distributions") for certain exchange
traded funds (the "Evolve ETFs"), as indicated in the table
below. Evolve will de-list the units of the Evolve
ETFs from the Toronto Stock Exchange ("TSX") on
May 24, 2022 with termination date on
May 26, 2022.
ESTIMATED DISTRIBUTIONS
It is estimated that unitholders of record on May 26, 2022 will receive cash distributions
payable on or about May 30, 2022, as
indicated in the table below for the following Evolve
ETFs:
|
|
Distribution per
Unit
|
|
Evolve
ETF
|
TSX
Ticker
|
Income
|
Capital
Gains
|
Currency
|
Evolve S&P/TSX 60
CleanBeta™ Fund
|
SIXT
|
$0.00000
|
$0.00000
|
CAD
|
Evolve S&P 500
CleanBeta™ Fund
|
FIVE
|
$0.03834
|
$0.00000
|
CAD
|
Evolve S&P 500
CleanBeta™ Fund
|
FIVE.B
|
$0.00000
|
$0.00000
|
CAD
|
Evolve S&P 500
CleanBeta™ Fund
|
FIVE.U
|
$0.00937
|
$0.00000
|
USD
|
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 expenses all may be
associated with exchange traded funds (ETFs). ETFs are not
guaranteed, their values change frequently and past performance may
not be repeated. There are risks involved with investing in ETFs.
Please read the prospectus for a complete description of risks
relevant to ETFs. Investors may incur customary brokerage
commissions in buying or selling 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.
With approximately
$2 billion in assets under
management, Evolve is one of Canada's fastest growing ETF providers since
launching its first ETF in September
2017. Evolve is a leader in thematic ETFs and specializes in
bringing disruptive innovation 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,
Evolve creates investment products that make a difference.
For more information, please visit
www.evolveetfs.com.
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SOURCE Evolve ETFs