TORONTO – December 29, 2023 – Evolve Funds Group Inc. (“Evolve”) announces the final special year end cash income and non-cash notional reinvested income and capital gains distribution per unit (the “Distributions”) for certain Funds (the “Evolve Funds”) for the 2023 tax year.
The annual non-cash capital gains and income distributions are reinvested in additional units of the respective Evolve Funds 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 2023 annual distributions will be December 29, 2023. Unitholders of Evolve Funds on record date will receive cash distributions payable on or about January 8, 2024. The actual taxable amounts of reinvested and cash distributions for 2023, including the tax characteristics of the distributions, will be reported to brokers (through CDS Clearing and Depository Services Inc. or “CDS”) in early 2024.
Details regarding the “per unit” distribution amounts are as follows:
Evolve Funds | Ticker | FinalReinvested Income Distribution Per Unit | Final Reinvested Capital Gains Distribution Per Unit | Final Cash Income Distribution Per Unit | Currency |
EVOLVE CANADIAN BANKS AND LIFECOS ENHANCED YIELD INDEX FUND | BANK | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE GLOBAL MATERIALS & MINING ENHANCED YIELD INDEX ETF | BASE | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE GLOBAL MATERIALS & MINING ENHANCED YIELD INDEX ETF | BASE.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE ENHANCED YIELD BOND FUND | BOND | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE US BANKS ENHANCED YIELD FUND | CALL | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE US BANKS ENHANCED YIELD FUND | CALL.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE US BANKS ENHANCED YIELD FUND | CALL.U | $0.00000 | $0.00000 | $0.00000 | USD |
EVOLVE AUTOMOBILE INNOVATION INDEX FUND | CARS | $0.02395 | $0.00000 | $0.00000 | CAD |
EVOLVE AUTOMOBILE INNOVATION INDEX FUND | CARS.B | $0.04730 | $0.00000 | $0.00000 | CAD |
EVOLVE AUTOMOBILE INNOVATION INDEX FUND | CARS.U | $0.00601 | $0.00000 | $0.00000 | USD |
EVOLVE CYBER SECURITY INDEX FUND | CYBR | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE CYBER SECURITY INDEX FUND | CYBR.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE CYBER SECURITY INDEX FUND | CYBR.U | $0.00000 | $0.00000 | $0.00000 | USD |
EVOLVE CLOUD COMPUTING INDEX FUND | DATA | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE CLOUD COMPUTING INDEX FUND | DATA.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE ACTIVE CANADIAN PREFERRED SHARE FUND | DIVS | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE ACTIVE GLOBAL FIXED INCOME FUND | EARN | $0.12567 | $0.00000 | $0.00000 | CAD |
BITCOIN ETF | EBIT | $0.00000 | $0.00000 | $0.00000 | CAD |
BITCOIN ETF | EBIT.U | $0.00000 | $0.00000 | $0.00000 | USD |
EVOLVE EUROPEAN BANKS ENHANCED YIELD ETF | EBNK | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE EUROPEAN BANKS ENHANCED YIELD ETF | EBNK.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE EUROPEAN BANKS ENHANCED YIELD ETF | EBNK.U | $0.00000 | $0.00000 | $0.00000 | USD |
EVOLVE INNOVATION INDEX FUND | EDGE | $0.03132 | $0.00000 | $0.00000 | CAD |
EVOLVE INNOVATION INDEX FUND | EDGE.U | $0.00982 | $0.00000 | $0.00000 | USD |
EVOLVE S&P 500® ENHANCED YIELD FUND | ESPX | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE S&P 500® ENHANCED YIELD FUND | ESPX.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE S&P 500® ENHANCED YIELD FUND | ESPX.U | $0.00000 | $0.00000 | $0.00000 | USD |
EVOLVE CRYPTOCURRENCIES ETF | ETC | $0.00704 | $0.00000 | $0.00000 | CAD |
EVOLVE CRYPTOCURRENCIES ETF | ETC.U | $0.00675 | $0.00000 | $0.00000 | USD |
ETHER ETF | ETHR | $0.00000 | $0.00000 | $0.00000 | CAD |
ETHER ETF | ETHR.U | $0.00000 | $0.00000 | $0.00000 | USD |
EVOLVE S&P/TSX 60 ENHANCED YIELD FUND | ETSX | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE ACTIVE CORE FIXED INCOME FUND | FIXD | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE E-GAMING INDEX ETF | HERO | $0.00000 | $0.00000 | $0.00000 | CAD |
HIGH INTEREST SAVINGS ACCOUNT FUND | HISA | $0.08159 | $0.00000 | $0.01372 | CAD |
US HIGH INTEREST SAVINGS ACCOUNT FUND | HISU | $0.02420 | $0.06716 | $0.02250 | USD |
EVOLVE FUTURE LEADERSHIP FUND | LEAD | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE FUTURE LEADERSHIP FUND | LEAD.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE FUTURE LEADERSHIP FUND | LEAD.U | $0.00000 | $0.00000 | $0.00000 | USD |
EVOLVE GLOBAL HEALTHCARE ENHANCED YIELD FUND | LIFE | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE GLOBAL HEALTHCARE ENHANCED YIELD FUND | LIFE.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE GLOBAL HEALTHCARE ENHANCED YIELD FUND | LIFE.U | $0.00000 | $0.00000 | $0.00000 | USD |
PREMIUM CASH MANAGEMENT FUND | MCAD | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE METAVERSE ETF | MESH | $0.00000 | $0.00000 | $0.00000 | CAD |
US PREMIUM CASH MANAGEMENT FUND | MUSD | $0.00000 | $1.52679 | $0.00000 | USD |
EVOLVE NASDAQ TECHNOLOGY INDEX FUND | QQQT | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE NASDAQ TECHNOLOGY INDEX FUND | QQQT.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE NASDAQ TECHNOLOGY INDEX FUND | QQQT.U | $0.00000 | $0.00000 | $0.00000 | USD |
EVOLVE NASDAQ TECHNOLOGY ENHANCED YIELD INDEX FUND | QQQY | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE FANGMA INDEX ETF | TECH | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE FANGMA INDEX ETF | TECH.B | $0.00000 | $0.00000 | $0.00000 | CAD |
EVOLVE FANGMA INDEX ETF | TECH.U | $0.00000 | $0.00000 | $0.00000 | USD |
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). 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 ETF 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. Evolveundertakes 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 $7.8 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’ssuite 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.
External Link: https://www.newswire.ca/news-releases/evolve-announces-final-2023-annual-distributions-for-certain-evolve-funds-895866406.html
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CONTACT INFORMATIONMEDIA CONTACT
Evolve ETFsKeith Crone
info@evolveetfs.comkcrone@evolveetfs.com
t. 416.214.4884416.966.8716
tf. 1.844.370.4884
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