Looking for a low-cost fixed income solution? Explore Evolve’s Enhanced Yield Bond Fund. BOND offers investors attractive monthly income from access to long-term US Treasury Bond ETFs with an active covered call strategy.
BENEFITS TO RETAIL INVESTORS:
- Exposure to a portfolio of long term US Treasury Bond ETFs
- Attractive monthly income
- Tax efficient income, as option premiums are typically taxed as capital gains
- 0% management fee** until March 31, 2024
- Active covered call strategy, initially writing call options on 50% of the portfolio
*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the current market price, as at October 31, 2023.
**Except in respect of the Hedged Class A Mutual Fund Units of Evolve Enhanced Yield Bond Fund (“BOND”), Evolve Funds Group Inc has waived the Management Fee payable on each class of Units of BOND from the date of the Prospectus until March 31, 2024. In respect of the Hedged Class A Mutual Fund Units of BOND, Evolve Funds Group Inc has reduced the Management Fee to the amount of the Trailing Commission payable to a Unitholder’s dealer, being 0.75%, until March 31, 2024.