TORONTO, Dec. 30, 2021 /CNW/ – Evolve Funds Group Inc. (“Evolve”) announces the final special year end non-cash notional, reinvested income and capital gains distribution per unit (the “Distributions”) for certain ETFs (the “Evolve ETFs”) for the 2021 tax year.

These distributions are for the annual non-cash capital gains and income distributions, which are typically reinvested in additional units of the respective Evolve ETFs at the year-end, and do not include estimates of ongoing monthly or quarterly cash distribution amounts. The additional units will be immediately consolidated with the previously outstanding units such that the number of outstanding units following the distribution will equal the number of units outstanding prior to the distribution.

The record date for the 2021 annual distributions will be December 30, 2021. The actual taxable amounts of reinvested and cash distributions for 2021, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2022.

Details regarding the “per unit” distribution amounts are as follows:

Evolve ETFs Ticker Estimated Reinvested
Income Distribution
Per Unit
Estimated Reinvested
Capital Gains
Distribution Per Unit
Evolve Active Canadian Preferred Share Fund DIVS $0.00000 $0.00000
Evolve Cyber Security Index Fund CYBR $0.00000 $7.05143
Evolve Cyber Security Index Fund CYBR.B $0.00000 $5.42939
Evolve Cyber Security Index Fund CYBR.U USD $0.00000 USD $7.41708
Evolve Automobile Innovation Index Fund CARS $0.00000 $4.16299
Evolve Automobile Innovation Index Fund CARS.B $0.00000 $4.51937
Evolve Automobile Innovation Index Fund CARS.U USD $0.00000 USD $3.36119
Evolve US Banks Enhanced Yield Fund CALL $0.00000 $0.00000
Evolve US Banks Enhanced Yield Fund CALL.B $0.00000 $0.00000
Evolve US Banks Enhanced Yield Fund CALL.U USD $0.00000 USD $0.00000
Evolve Global Healthcare Enhanced Yield Fund LIFE $0.00000 $0.00000
Evolve Global Healthcare Enhanced Yield Fund LIFE.B $0.00000 $0.00000
Evolve Global Healthcare Enhanced Yield Fund LIFE.U USD $0.00000 USD $0.00000
Evolve Active Core Fixed Income Fund FIXD $0.00000 $0.00000
Evolve Innovation Index Fund EDGE $0.02117 $5.01549
Evolve Innovation Index Fund EDGE.U USD $0.00268 USD $1.78046
Evolve Active Global Fixed Income Fund EARN $0.00000 $0.00000
Evolve Global Materials & Mining Enhanced Yield Index ETF BASE $0.00000 $0.35074
Evolve Global Materials & Mining Enhanced Yield Index ETF BASE.B $0.00000 $0.93299
Evolve E-Gaming Index ETF HERO $0.00000 $3.93026
Evolve Dividend Stability Preferred Share Index ETF PREF $0.00000 $0.85205
High Interest Savings Account Fund HISA $0.00000 $0.00000
Evolve Future Leadership Fund LEAD $0.00000 $0.00000
Evolve Future Leadership Fund LEAD.B $0.00000 $0.00000
Evolve Future Leadership Fund LEAD.U USD $0.00000 USD $0.00000
Evolve Cloud Computing Index Fund DATA $0.00000 $0.34897
Evolve Cloud Computing Index Fund DATA.B $0.00000 $0.42543
Evolve FANGMA Index ETF TECH $0.00000 $0.00000
Evolve FANGMA Index ETF TECH.B $0.00000 $0.00000
Evolve FANGMA Index ETF TECH.U USD $0.00000 USD $0.00000
Evolve S&P/TSX 60 CleanBeta™ Fund SIXT $0.00000 $0.01498
Evolve S&P 500 CleanBeta™ Fund FIVE $0.00000 $0.00000
Evolve S&P 500 CleanBeta™ Fund FIVE.B $0.00000 $0.00000
Evolve S&P 500 CleanBeta™ Fund FIVE.U USD $0.00000 USD $0.00000
Evolve Cryptocurrencies ETF ETC $0.00000 $0.29515
Evolve Cryptocurrencies ETF ETC.U USD $0.00000 USD $0.48300
Bitcoin ETF EBIT $0.00000 $0.53364
Bitcoin ETF EBIT.U USD $0.00000 USD $0.39974
Ether ETF ETHR $0.00000 $0.00000
Ether ETF ETHR.U USD $0.00000 USD $0.00000
Evolve Metaverse ETF MESH $0.00000 $0.00220
Evolve Metaverse ETF MESH.B $0.00000 $0.00000

Distributions for the Evolve 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) 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 $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 innovative 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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CONTACT INFORMATION, Evolve ETFs, info@evolveetfs.com, t. 416.214.4884, tf. 1.844.370.4884; MEDIA CONTACT, Keith Crone, kcrone@evolveetfs.com, 416.966.8716

Related Link: https://www.newswire.ca/news-releases/evolve-announces-final-2021-annual-distributions-for-certain-evolve-etfs-869837271.html

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