Evolve Announces December 2017 Distributions for Evolve ETFs

TORONTO, Dec. 14, 2017 /CNW/ - Evolve Funds Group Inc. ("Evolve") is pleased to announce the distribution amounts per unit (the "Distributions") for certain exchange traded funds (the "Evolve ETFs") for the period ending December 29, 2017, as indicated in the table below.

Unitholders of record on December 21, 2017 will receive cash distributions payable on or about December 29, 2017.

Evolve ETF	Ticker	Distribution per Unit	Annualized Y ield^1	Frequency
Evolve US Banks Enhanced Yield ETF	CALL CALL.B	$0.0750 $0.0750	4.289% 4.154%	Monthly Monthly
Evolve Active US Core Equity ETF	CAPS CAPS.B	$0.0150 $0.0150	0.861% 0.834%	Monthly Monthly
Evolve Automobile Innovation Index ETF	CARS CARS.B CARS.U	$0.0110 $0.0110 $0.0110	0.634% 0.612% 0.693%	Monthly Monthly Monthly
Evolve Cyber Security Index ETF	CYBR CYBR.B	$0.0050 $0.0050	0.290% 0.275%	Monthly Monthly
Evolve Active Canadian Preferred Share ETF	DIVS	$0.0700	4.124%	Monthly
Evolve North American Gender Diversity Index ETF	HERS HERS.B	$0.0330 $0.0330	1.864% 1.811%	Monthly Monthly
Evolve Global Healthcare Enhanced Yield ETF	LIFE LIFE.B	$0.0725 $0.0725	4.480% 4.404%	Monthly Monthly
Evolve Active Short Duration Bond ETF	TIME TIME.B	$0.0700 $0.0700	4.252% 4.120%	Monthly Monthly

¹ Based on the applicable December 13, 2017 net asset value per unit, which is available at www.evolveetfs.com

In addition to the above distribution for Evolve Active Short Duration Bond ETF, unitholders of record on December 21, 2017 will also receive a one-time special cash distribution (the "special distribution") payable on or about December 29, 2017.

Evolve ETF	Ticker	Special Distribution per Unit
Evolve Active Short Duration Bond ETF	TIME TIME.B	$0.0700 $0.0700

Distributions for the ETFs will vary from period to period.  The special distribution is final.  For further information regarding the Distributions, please visit www.evolveetfs.com

Commissions, management fees and applicable sales taxes all may be associated with an investment in the exchange traded funds managed by Evolve Funds Group Inc. (the "ETFs"). The ETFs are not guaranteed, their values change frequently and past performance may not be repeated. The prospectus contains important detailed information about the 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 Funds 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.

Evolve specializes in bringing innovative ETFs to Canadian investors.  Currently, Evolve has eight ETFs listed on the Toronto Stock Exchange.  Evolve's suite of ETFs provide investors with access to: (i) long term investment themes; and (ii) some of the world's leading investment managers.  Established by a team of industry veterans with a proven track record of success, we create investment products that make a difference.  For more information, please visit www.evolveetfs.com.

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SOURCE Evolve Funds Group Inc.

Evolve Funds Group Inc., [email protected], t. 416.214.4884, tf. 1.844.370.4884; MEDIA CONTACT: Adam Bornstein, [email protected], 905.505.2540