Evolve Announces May 2022 Distributions for Certain Evolve Funds

TORONTO, May 20, 2022 /CNW/ - Evolve Funds Group Inc. ("Evolve") is pleased to announce the distribution amounts per unit (the "Distributions") for certain funds (the "Evolve Funds"), for the period ending May 31, 2022, as indicated in the table below.

The ex-dividend date for the Distributions is anticipated to be May 30, 2022, for all Evolve Funds except for the High Interest Savings Account Fund ("HISA"). The ex-dividend date for the Distribution for HISA is anticipated to be May 31, 2022. Unitholders of Evolve Funds with record on May 31, 2022 will receive cash distributions payable on or about June 7, 2022.

Evolve Funds	Ticker Symbol	Distribution per Unit	Frequency
Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund	BANK	$0.07000	Monthly
Evolve Global Materials & Mining Enhanced Yield Index ETF	BASE BASE.B	$0.20000 $0.20000	Monthly Monthly
Evolve US Banks Enhanced Yield Fund	CALL CALL.B CALL.U	$0.12500 $0.12500 USD $0.12500	Monthly Monthly Monthly
Evolve Automobile Innovation Index Fund	CARS CARS.B CARS.U	$0.02000 $0.02000 USD $0.02000	Monthly Monthly Monthly
Evolve Cyber Security Index Fund	CYBR CYBR.B CYBR.U	$0.01000 $0.01000 USD $0.01000	Monthly Monthly Monthly
Evolve Cloud Computing Index Fund	DATA DATA.B	$0.01000 $0.01000	Monthly Monthly
Evolve Active Canadian Preferred Share Fund	DIVS	$0.07000	Monthly
Evolve Active Global Fixed Income Fund	EARN	$0.12500	Monthly
Evolve European Banks Enhanced Yield ETF	EBNK EBNK.B EBNK.U	$0.06000 $0.06000 USD $0.06000	Monthly Monthly Monthly
Evolve Active Core Fixed Income Fund	FIXD	$0.05500	Monthly
High Interest Savings Account Fund	HISA	$0.05989	Monthly
Evolve Future Leadership Fund	LEAD LEAD.B LEAD.U	$0.10500 $0.10500 USD $0.10500	Monthly Monthly Monthly
Evolve Global Healthcare Enhanced Yield Fund	LIFE LIFE.B LIFE.U	$0.13500 $0.13500 USD $0.13500	Monthly Monthly Monthly
Evolve Dividend Stability Preferred Share Index ETF	PREF	$0.09500	Monthly
Evolve Enhanced FANGMA Index ETF	TECE TECE.B TECE.U	$0.00200 $0.00200 USD $0.00200	Monthly Monthly Monthly
Evolve FANGMA Index ETF	TECH TECH.B TECH.U	$0.00160 $0.00160 USD $0.00160	Monthly Monthly Monthly

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) 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 approximately $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 disruptive innovation 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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SOURCE Evolve ETFs

MEDIA CONTACT: Evolve ETFs, Keith Crone, [email protected], [email protected], t. 416.214.4884, 416.966.8716, tf. 1.844.370.4884