Evolve Announces Final Distributions and Closure Dates for Certain Evolve ETFs
TORONTO, March 20, 2019 /CNW/ - Evolve Funds Group Inc. ("Evolve") announces the final distribution amounts per unit (the "Distributions") for certain exchange traded funds (the "Evolve ETFs") for the period ending March 28, 2019, as indicated in the table below. Evolve will de-list the units of the ETFs from the Toronto Stock Exchange on March 26, 2019 with termination date on March 28, 2019.
ESTIMATED DISTRIBUTIONS
It is estimated that unitholders of record on March 27, 2019 may receive cash distributions payable on or about March 28, 2019 as indicated in the table below for the following ETFs:
| Evolve ETF |
Ticker |
Distribution per Unit |
Annualized Yield1 |
| Sphere FTSE Canada Sustainable Yield Index ETF |
SHC |
$0.1000 |
3.258% |
| Sphere FTSE Europe Sustainable Yield Index ETF |
SHE |
$0.1000 |
3.656% |
| Evolve Blockchain ETF |
LINK |
$0.0000 |
0.000% |
| |
| 1Based on the applicable March 19, 2019 net asset value per unit, which is available at www.evolveetfs.com |
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 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 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 is one of Canada's fastest growing ETF providers since launching its first suite of ETFs via the Toronto Stock Exchange 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, we create investment products that make a difference. For more information, please visit www.evolveetfs.com .
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SOURCE Evolve ETFs
Evolve ETFs, [email protected], t. 416.214.4884, tf. 1.844.370.4884; MEDIA CONTACT: Keith Crone, [email protected], 416.572.2111
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