TORONTO, Oct. 16, 2017 /CNW/ - Evolve Funds Group
Inc. ("Evolve Funds") is pleased to announce the distribution
amounts per unit (the "Distributions") for Evolve Automobile
Innovation Index ETF, for the period ending October 31, 2017, as indicated in the table
below.
The ex-dividend date for the Distributions will be October 24, 2017, for all unitholders of record
on October 25, 2017. The
Distributions for units of the ETF will be paid in cash, on or
about October 31, 2017.
Evolve
ETF
|
Ticker
|
Distribution
per Unit
|
Annualized
Yield1
|
Frequency
|
Evolve Automobile
Innovation Index ETF
|
CARS
CARS.B
|
$0.01
$0.01
|
0.569%
0.564%
|
Monthly
Monthly
|
1 Based on the applicable October 13, 2017 net asset value per unit, which
is available at www.evolvefunds.com
Further to the press release issued earlier today in respect of
Evolve Cyber Security Index ETF (TSX: CYBR and CYBR.B), Evolve
Active Canadian Preferred Share ETF (TSX: DIVS) and Evolve North
American Gender Diversity Index ETF (TSX: HERS and HERS.B), Evolve
Funds confirms that the ex-dividend date for their respective
distributions (as announced in the prior press release) will be
October 24, 2017, instead of
October 23, 2017 as previously
anticipated.
Distributions for the ETFs will vary from period to
period. For further information regarding the Distributions,
please visit www.evolvefunds.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 Funds provides Canadian investors with innovative
investment solutions and access to some of the world's largest
investment managers. Established by a team of industry
veterans, we create investment products that make a difference.
For more information, please visit www.evolvefunds.com.
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SOURCE Evolve Funds Group Inc.