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Yahoo
27-05-2025
- Business
- Yahoo
Purpose Investments Inc. Announces May 2025 Distributions
TORONTO, May 20, 2025 (GLOBE NEWSWIRE) -- Purpose Investments Inc. ('Purpose') is pleased to announce distributions for the month of May 2025 for its open-end exchange traded funds and closed-end funds ('the Funds'). The ex-distribution date for all Open-End Funds is May 28, 2025. The ex-distribution date for all closed-end funds is May 30, 2025. Open-End Funds TickerSymbol Distributionper share/unit RecordDate PayableDate DistributionFrequency Apple (AAPL) Yield Shares Purpose ETF - ETF Units APLY $0.1667 05/28/2025 06/03/2025 Monthly Purpose Canadian Financial Income Fund - ETF Series BNC $0.1225¹ 05/28/2025 06/03/2025 Monthly Berkshire Hathaway (BRK) Yield Shares Purpose ETF - ETF Units BRKY $0.1000 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF Units BTCY $0.0850 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF Non-Currency Hedged Units BTCY.B $0.0970 05/28/2025 06/03/2025 Monthly Purpose Bitcoin Yield ETF - ETF USD Units BTCY.U US $0.0815 05/28/2025 06/03/2025 Monthly Purpose Credit Opportunities Fund - ETF Units CROP $0.0875 05/28/2025 06/03/2025 Monthly Purpose Credit Opportunities Fund - ETF USD Units CROP.U US $0.0975 05/28/2025 06/03/2025 Monthly Purpose Ether Yield - ETF Units ETHY $0.0405 05/28/2025 06/03/2025 Monthly Purpose Ether Yield ETF - ETF Non-Currency Hedged Units ETHY.B $0.0500 05/28/2025 06/03/2025 Monthly Purpose Ether Yield ETF - ETF Units Non-Currency Hedged USD Units ETHY.U US $0.0395 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - ETF Units FLX $0.0461 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged - ETF Units FLX.B $0.0551 05/28/2025 06/03/2025 Monthly Purpose Global Flexible Credit Fund - Non-Currency Hedged USD - ETF Units FLX.U US $0.0385 05/28/2025 06/03/2025 Monthly Purpose Global Bond Class - ETF Units IGB $0.0860¹ 05/28/2025 06/03/2025 Monthly Microsoft (MSFT) Yield Shares Purpose ETF - ETF units MSFY $0.1100 05/28/2025 06/03/2025 Monthly Purpose Enhanced Premium Yield Fund - ETF Series PAYF $0.1375¹ 05/28/2025 06/03/2025 Monthly Purpose Total Return Bond Fund - ETF Series PBD $0.0590¹ 05/28/2025 06/03/2025 Monthly Purpose Core Dividend Fund - ETF Series PDF $0.1050¹ 05/28/2025 06/03/2025 Monthly Purpose Enhanced Dividend Fund - ETF Series PDIV $0.0950¹ 05/28/2025 06/03/2025 Monthly Purpose Real Estate Income Fund - ETF Series PHR $0.0720¹ 05/28/2025 06/03/2025 Monthly Purpose International Dividend Fund - ETF Series PID $0.0780 05/28/2025 06/03/2025 Monthly Purpose Monthly Income Fund - ETF Series PIN $0.0830¹ 05/28/2025 06/03/2025 Monthly Purpose Multi-Asset Income Fund - ETF Units PINC $0.0840 05/28/2025 06/03/2025 Monthly Purpose Conservative Income Fund - ETF Series PRP $0.0600¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund - ETF Series PYF $0.1100¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund Non-Currency Hedged - ETF Series PYF.B $0.1230¹ 05/28/2025 06/03/2025 Monthly Purpose Premium Yield Fund Non-Currency Hedged - ETF USD Series PYF.U US $0.1200¹ 05/28/2025 06/03/2025 Monthly Purpose Core Equity Income Fund - ETF Series RDE $0.0875¹ 05/28/2025 06/03/2025 Monthly Purpose Emerging Markets Dividend Fund - ETF Units REM $0.0950 05/28/2025 06/03/2025 Monthly Purpose Canadian Preferred Share Fund - ETF Units RPS $0.0950 05/28/2025 06/03/2025 Monthly Purpose US Preferred Share Fund - ETF Series RPU $0.0940 05/28/2025 06/03/2025 Monthly Purpose US Preferred Share Fund Non-Currency Hedged - ETF Units2 RPU.B / RPU.U $0.0940 05/28/2025 06/03/2025 Monthly Purpose Strategic Yield Fund - ETF Units SYLD $0.0970 05/28/2025 06/03/2025 Monthly AMD (AMD) Yield Shares Purpose ETF - ETF Series YAMD $0.2000 05/28/2025 06/03/2025 Monthly Amazon (AMZN) Yield Shares Purpose ETF- ETF Units YAMZ $0.4000 05/28/2025 06/03/2025 Monthly Broadcom (AVGO) Yield Shares Purpose ETF - ETF Series YAVG $0.1500 05/28/2025 06/03/2025 Monthly Coinbase (COIN) Yield Shares Purpose ETF - ETF Series YCON $0.3000 05/28/2025 06/03/2025 Monthly Costco (COST) Yield Shares Purpose ETF - ETF Series YCST $0.1000 05/28/2025 06/03/2025 Monthly Alphabet (GOOGL) Yield Shares Purpose ETF - ETF Units YGOG $0.2500 05/28/2025 06/03/2025 Monthly Tech Innovators Yield Shares Purpose ETF - ETF Series YMAG $0.2000 05/28/2025 06/03/2025 Monthly META (META) Yield Shares Purpose ETF - ETF Series YMET $0.1600 05/28/2025 06/03/2025 Monthly Netflix (NFLX) Yield Shares Purpose ETF - ETF Series YNET $0.1100 05/28/2025 06/03/2025 Monthly NVIDIA (NVDA) Yield Shares Purpose ETF - ETF Units YNVD $0.7500 05/28/2025 06/03/2025 Monthly Palantir (PLTR) Yield Shares Purpose ETF - ETF Series YPLT $0.2500 05/28/2025 06/03/2025 Monthly Tesla (TSLA) Yield Shares Purpose ETF - ETF Units YTSL $0.5500 05/28/2025 06/03/2025 Monthly UnitedHealth Group (UHN) Yield Shares Purpose ETF - ETF Series YUNH $0.1100 05/28/2025 06/03/2025 Monthly Closed-End Funds TickerSymbol Distributionper share/unit RecordDate Payable Date DistributionFrequency Big Banc Split Corp, Class A BNK $0.1200¹ 05/30/2025 06/13/2025 Monthly Big Banc Split Corp - Preferred Shares $0.0700¹ 05/30/2025 06/13/2025 Monthly Estimated May 2025 Distributions for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund The May 2025 distribution rates for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund are estimated to be as follows: Open-End Fund TickerSymbol Final distributionper unit RecordDate PayableDate DistributionFrequency Purpose USD Cash Management Fund – ETF Units MNU.U US $ 0.3528 05/28/2025 06/03/2025 Monthly Purpose Cash Management Fund – ETF Units MNY $0.2370 05/28/2025 06/03/2025 Monthly Purpose High Interest Savings Fund – ETF Units PSA $0.1068 05/28/2025 06/03/2025 Monthly Purpose US Cash Fund – ETF Units PSU.U US $ 0.3495 05/28/2025 06/03/2025 Monthly Purpose expects to issue a press release on or about May 27, 2025, which will provide the final distribution rate for Purpose USD Cash Management Fund, Purpose Cash Management Fund, Purpose High Interest Savings Fund, and Purpose US Cash Fund. The ex-distribution date will be May 28, 2025. (1) Dividend is designated as an 'eligible' Canadian dividend for purposes of the Income Tax Act (Canada) and any similar provincial and territorial legislation. (2) Purpose US Preferred Share Fund Non-Currency Hedged – ETF Units have both a CAD and USD purchase option. Distribution per unit is declared in CAD, however, the USD purchase option (RPU.U) distribution will be made in the USD equivalent. Conversion into USD will use the end-of-day foreign exchange rate prevailing on the ex-distribution date. About Purpose Investments Inc. Purpose Investments is an asset management company with more than $21 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. For further information please contact:Keera Commissions, trailing commissions, management fees and expenses all may be associated with investment fund investments. Please read the prospectus and other disclosure documents before investing. Investment funds are not covered by the Canada Deposit Insurance Corporation or any other government deposit insurer. There can be no assurance that the full amount of your investment in a fund will be returned to you. If the securities are purchased or sold on a stock exchange, you may pay more or receive less than the current net asset value. Investment funds are not guaranteed, their values change frequently and past performance may not be in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Cision Canada
20-05-2025
- Business
- Cision Canada
Evolve Announces May 2025 Distributions for Certain Evolve Funds
TORONTO, May 20, 2025 /CNW/ - Evolve Funds Group Inc. ("Evolve") is pleased to announce the distribution amounts per unit (the "Distributions") for certain funds (the "Evolve Funds"), as indicated in the table below. The ex-dividend date and record date for the Distributions of the High Interest Savings Account Fund ("HISA"), US High Interest Savings Account Fund ("HISU.U"), Premium Cash Management Fund ("MCAD") and US Premium Cash Management Fund ("MUSD.U") is anticipated to be May 28, 2025. For the distributions for all other Evolve Funds, the ex-dividend date and record date is anticipated to be May 30, 2025. Unitholders of Evolve Funds on record date will receive cash distributions payable on or about June 6, 2025. Evolve Funds Ticker Symbol Distribution per Unit Frequency Evolve Canadian Aggregate Bond Enhanced Yield Fund AGG $0.10000 Monthly Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund BANK $0.11000 Monthly Evolve Global Materials & Mining Enhanced Yield Index ETF BASE BASE.B $0.20000 $0.20000 Monthly Monthly Evolve Enhanced Yield Bond Fund BOND BOND.B BOND.U $0.19000 $0.19000 USD $0.19000 Monthly Monthly Monthly Evolve US Banks Enhanced Yield Fund CALL CALL.B CALL.U $0.12500 $0.16000 USD $0.14000 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 $0.14500 $0.14500 USD $0.14500 Monthly Monthly Monthly Evolve S&P 500® Enhanced Yield Fund ESPX ESPX.B ESPX.U $0.22500 $0.24500 USD $0.22500 Monthly Monthly Monthly Evolve S&P/TSX 60 Enhanced Yield Fund ETSX $0.18800 Monthly Evolve Active Core Fixed Income Fund FIXD $0.05500 Monthly High Interest Savings Account Fund HISA $0.10225 Monthly US High Interest Savings Account Fund HISU.U USD $0.33428 Monthly Evolve Future Leadership Fund LEAD LEAD.B LEAD.U $0.16000 $0.16000 USD $0.16000 Monthly Monthly Monthly Evolve Global Healthcare Enhanced Yield Fund LIFE LIFE.B LIFE.U $0.19000 $0.23000 USD $0.19000 Monthly Monthly Monthly Premium Cash Management Fund MCAD $0.22591 Monthly Evolve Enhanced Yield Mid Term Bond Fund MIDB MIDB.B MIDB.U $0.16500 $0.16500 USD $0.16500 Monthly Monthly Monthly US Premium Cash Management Fund MUSD.U USD $0.34635 Monthly Evolve Canadian Energy Enhanced Yield Index Fund OILY $0.11700 Monthly Evolve NASDAQ Technology Enhanced Yield Index Fund QQQY $0.32000 Monthly Evolve FANGMA Index ETF TECH TECH.B TECH.U $0.00160 $0.00160 USD $0.00160 Monthly Monthly Monthly Evolve Canadian Utilities Enhanced Yield Index Fund UTES $0.13800 Monthly Distributions for the funds will vary from period to period. For further information regarding the Distributions, please visit 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 $7 billion in assets under management, Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve's suite of ETFs provide investors with access to: (i) index-based income strategies; (ii) long term investment themes; and (iii) some of the world's leading investment managers. Established by a team of industry veterans with a demonstrated ability to succeed, Evolve creates investment products that make a difference. For more information, please visit The S&P 500® Index and the S&P/TSX 60 Index are each a product of S&P Dow Jones Indices LLC or its affiliates (" SPDJI"), and has been licensed for use by the Evolve Funds. S&P® and S&P 500® are trademarks of S&P Global, Inc. or its affiliates (" S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (" Dow Jones"). It is not possible to invest directly in an index. The Evolve Funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, " S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Evolve Funds or any member of the public regarding the advisability of investing in securities generally or in the Evolve Funds particularly or the ability of the S&P 500® Index and the S&P/TSX 60 Index to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices' only relationship to the Evolve Funds with respect to the S&P 500® Index and the S&P/TSX 60 Index is the licensing of the Indexes and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The S&P 500® Index and the S&P/TSX 60 Index are determined, composed and calculated by S&P Dow Jones Indices without regard to the Evolve Funds. S&P Dow Jones Indices have no obligation to take the needs of the Evolve Funds or the owners of the Evolve Funds into consideration in determining, composing or calculating the S&P 500® Index and the S&P/TSX 60 Index. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Evolve Funds. There is no assurance that investment products based on the S&P 500® Index or the S&P/TSX 60 Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an "investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, promoter" (as defined in the Investment Company Act of 1940, as amended), "expert" as enumerated within 15 U.S.C. s. 77k(a) or tax advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. S&P DOW JONES INDICES MAKES NO EXPRESS OR IMPLIED WARRANTIES, AND EXPRESSLY DISCLAIMS ALL WARRANTIES, OF MERCHANTABILITY OR FITNESS FOR A PARTICULAR PURPOSE OR USE OR AS TO RESULTS TO BE OBTAINED BY THE EVOLVE FUNDS, THE OWNERS OF THE EVOLVE FUNDS, OR ANY OTHER PERSON OR ENTITY FROM THE USE OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR WITH RESPECT TO ANY DATA RELATED THERETO. WITHOUT LIMITING ANY OF THE FOREGOING, IN NO EVENT WHATSOEVER SHALL S&P DOW JONES INDICES BE LIABLE FOR ANY INDIRECT, SPECIAL, INCIDENTAL, PUNITIVE, OR CONSEQUENTIAL DAMAGES INCLUDING BUT NOT LIMITED TO, LOSS OF PROFITS, TRADING LOSSES, LOST TIME OR GOODWILL, EVEN IF THEY HAVE BEEN ADVISED OF THE POSSIBLITY OF SUCH DAMAGES, WHETHER IN CONTRACT, TORT, STRICT LIABILITY, OR OTHERWISE. S&P DOW JONES INDICES HAS NOT REVIEWED, PREPARED AND/OR CERTIFIED ANY PORTION OF, NOR DOES S&P DOW JONES INDICES HAVE ANY CONTROL OVER, THE LICENSEE PRODUCT REGISTRATION STATEMENT, PROSPECTUS OR OTHER OFFERING MATERIALS. THERE ARE NO THIRD-PARTY BENEFICIARIES OF ANY AGREEMENTS OR ARRANGEMENTS BETWEEN S&P DOW JONES INDICES AND THE EVOLVE FUNDS OTHER THAN THE LICENSORS OF S&P DOW JONES INDICES. Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index are trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Evolve ETFs. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).
Time of India
14-05-2025
- Business
- Time of India
Auto Components, Textiles, REITs: Where green portfolio sees dividend-driven value, says Sreeram Ramdas
With that being said, where the investment opportunities are scarce, we sit on cash. In fact during September 2024, we were sitting on 54% cash as the valuations were stretched and mostly uninvestable. Green Portfolio's Dividend Yield Fund achieved a 17.3% net return in FY25, driven by diesel engine manufacturers and REIT investments, despite tariff tensions. The fund strategically avoids PSUs, focusing on private companies with high growth potential in the small and mid-cap space. Looking ahead to FY26, the fund is optimistic about manufacturing-led growth, particularly in auto components, chemicals, and textiles. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads Despite a volatile global backdrop and heightened tariff tensions, Green Portfolio 's Dividend Yield Fund delivered a resilient 17.3% net return in this edition of ETMarkets PMS Talk, Sreeram Ramdas , Vice President at Green Portfolio, breaks down what powered the fund's performance—from a standout diesel engine manufacturer to a strategic allocation in Embassy also explains why the fund avoids PSUs, maintains a long-term lens for value discovery, and sits on cash when valuations run a distinct strategy blending dividend income and capital appreciation, the fund is now betting big on manufacturing-led growth in FY26. Edited Excerpts –A) We did tremendously well last year. In the first 9 months of FY25, the portfolio net returns were precisely 25%.Post that, thanks to the tariff war and a sea of uncertainty, our returns diminished in all, we closed FY25 at 17.3% net returns after fees. These performance numbers only account for the capital appreciation and don't include the dividend of the returns were driven by a company that manufactures diesel engines for tractors, followed by returns from a small allocation we had to Embassy REIT. On the flipside, our allocation towards textiles and chemical players weighed down the returns.A) If someone had invested INR 1 crore, they would have made a net gain of 17l. However, we don't encourage a short-term investing mentality. For all I know, the performance could have gone south in 1 believe 1-year returns are a matter of luck rather than predicated on the skill to analyse future a fundamental thesis to play out and the stock prices to reflect that fundamental performance rightly, it takes a minimum of 2.5 years.A) Most importantly, we keep zero exposure to PSU. The dividend yield chaired by PSU's is usually north of 4%, and yet we don't touch this during the PSU rally in 2023, we were averse to investing in PSU as we prefer private players, given their intention to report profits above all we invest in companies that have a dividend yield greater than 3% while having a future growth outlook of greater than 20%. - Majorly, dividend-oriented funds are focused on investing in the large-cap space, while we focus on the small and mid-cap space, where the opportunities are niche.A) We get asked this question a lot. It's usually the large conglomerates with infallibly stable cash flows that declare dividends to their fund philosophy revolves around finding companies with a 3%+ dividend yield while they are moderately spending on capex, have low debt, and have a sustainable business model, all the while being in the small and mid-cap aren't just focused on investing in high dividend-yielding stocks; if that were the case, we would have had a 100% allocation towards PSU. We are focused on capital appreciation along with dividend income for the shareholders.A) There are a host of variables we consider while investing. The most important of them being corporate governance – no major related party transactions, management has sufficient experience and interest in the business, absence of past accounting malpractices, the business model should be sustainable, and the company should have a competitive edge – this need not be in tech or capacity – it can include longstanding purchase agreements with the buyers, strong distribution channels that can't be easily replicated, or difficult-to-obtain growth outlook based on our research should be upwards of 20% CAGR – revenue and profits. All these factors are beyond the fact that the company should be a dividend-paying paying.A) There's a 10% allocation in the model portfolio to Shree Digvijay Cements and Bhansali Engineering. Expanding on Shree Digvijay, we believe the new capex of INR 250 crore for the cement and clinker plant will improve the business prospects once the plants are up and an allocation towards commodities, auto component players, textiles, and a small allocation towards banking keeps our portfolio diversified across sectors while being invested in companies with high growth prospects.A) The standard deviation is slightly higher than the BSE 500 benchmark. We are frankly not focused on managing the impact of daily price action on the portfolio – if that were the case, it would be difficult for us to stay focused on the company are obsessed with how the company is performing/will perform rather than the daily price action. Given that we are entering at the right valuations, the fundamental performance should reflect on the respective stock prices in a matter of 2.5 - 3 that being said, where the investment opportunities are scarce, we sit on cash. In fact during September 2024, we were sitting on 54% cash as the valuations were stretched and mostly uninvestable.A) FY26 will be a robust year for our portfolio. Beyond the India-Pakistan and US tariff uncertainty, manufacturing firms we speak to are doing well. Many of the companies we speak to are operating at 80% capacity FTA with the UK after decades of negotiation, the soon-to-materialise trade agreements with the US and EU, and the export demand switch from China are some of the factors that will drive the earnings and subsequently our portfolio returns. All in all, we are looking beyond these short-term geopolitical situations.A) We are inclined towards auto component players, chemicals, and textiles in the dividend yield fund. There's a small allocation towards REIT in order to enhance the dividend yield in the overall summary, our major allocation is towards manufacturing. Given the trade tensions and simultaneous trade negotiations, the export market will open up drastically for manufacturers. The weightage on banking and IT has always been low for us.(Disclaimer: Recommendations, suggestions, views, and opinions given by experts are their own. These do not represent the views of the Economic Times)
Yahoo
19-03-2025
- Business
- Yahoo
Evolve Announces March 2025 Distributions for Certain Evolve Funds
TORONTO , March 19, 2025 /CNW/ - Evolve Funds Group Inc. ("Evolve") is pleased to announce the distribution amounts per unit (the "Distributions") for certain funds (the "Evolve Funds"), as indicated in the table below. The ex-dividend date and record date for the Distributions of the High Interest Savings Account Fund ("HISA"), US High Interest Savings Account Fund ("HISU.U"), Premium Cash Management Fund ("MCAD") and US Premium Cash Management Fund ("MUSD.U") is anticipated to be March 27, 2025. For the distributions for all other Evolve Funds, the ex-dividend date and record date is anticipated to be March 31, 2025. Unitholders of Evolve Funds on record date will receive cash distributions payable on or about April 7, 2025. Evolve Funds Ticker Symbol Distribution per Unit Frequency Evolve Canadian Aggregate Bond Enhanced Yield Fund AGG $0.10000 Monthly Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund BANK $0.11000 Monthly Evolve Global Materials & Mining Enhanced Yield Index ETF BASE BASE.B $0.20000 $0.20000 Monthly Monthly Evolve Enhanced Yield Bond Fund BOND BOND.B BOND.U $0.19000 $0.19000 USD $0.19000 Monthly Monthly Monthly Evolve US Banks Enhanced Yield Fund CALL CALL.B CALL.U $0.12500 $0.16000 USD $0.14000 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 $0.14500 $0.14500 USD $0.14500 Monthly Monthly Monthly Evolve Innovation Index Fund EDGE EDGE.U $0.01000 USD $0.01000 Quarterly Quarterly Evolve S&P 500® Enhanced Yield Fund ESPX ESPX.B ESPX.U $0.22500 $0.24500 USD $0.22500 Monthly Monthly Monthly Evolve S&P/TSX 60 Enhanced Yield Fund ETSX $0.18800 Monthly Evolve Active Core Fixed Income Fund FIXD $0.05500 Monthly Evolve E-Gaming Index ETF HERO $0.05000 Quarterly High Interest Savings Account Fund HISA $0.10788 Monthly US High Interest Savings Account Fund HISU.U USD $0.33540 Monthly Evolve Future Leadership Fund LEAD LEAD.B LEAD.U $0.16000 $0.16000 USD $0.16000 Monthly Monthly Monthly Evolve Global Healthcare Enhanced Yield Fund LIFE LIFE.B LIFE.U $0.19000 $0.23000 USD $0.19000 Monthly Monthly Monthly Premium Cash Management Fund MCAD $0.24993 Monthly US Premium Cash Management Fund MUSD.U USD $0.35271 Monthly Evolve NASDAQ Technology Index Fund QQQT QQQT.B QQQT.U $0.03000 $0.03000 USD $0.03000 Quarterly Quarterly Quarterly Evolve NASDAQ Technology Enhanced Yield Index Fund QQQY $0.32000 Monthly Evolve FANGMA Index ETF TECH TECH.B TECH.U $0.00160 $0.00160 USD $0.00160 Monthly Monthly Monthly Evolve Canadian Utilities Enhanced Yield Index Fund UTES $0.13800 Monthly Distributions for the funds will vary from period to period. For further information regarding the Distributions, please visit 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 over $7 billion in assets under management, Evolve is one of Canada's fastest growing ETF providers since launching its first ETF in September 2017. Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve's suite of ETFs provide investors with access to: (i) index-based income strategies; (ii) long term investment themes; 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 Join us on social media: Twitter | LinkedIn | Facebook | Youtube The S&P 500® Index and the S&P/TSX 60 Index are each a product of S&P Dow Jones Indices LLC or its affiliates ("SPDJI"), and has been licensed for use by the Evolve Funds. S&P® and S&P 500® are trademarks of S&P Global, Inc. or its affiliates ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"). It is not possible to invest directly in an index. The Evolve Funds are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, any of their respective affiliates (collectively, "S&P Dow Jones Indices"). S&P Dow Jones Indices does not make any representation or warranty, express or implied, to the owners of the Evolve Funds or any member of the public regarding the advisability of investing in securities generally or in the Evolve Funds particularly or the ability of the S&P 500® Index and the S&P/TSX 60 Index to track general market performance. Past performance of an index is not an indication or guarantee of future results. S&P Dow Jones Indices' only relationship to the Evolve Funds with respect to the S&P 500® Index and the S&P/TSX 60 Index is the licensing of the Indexes and certain trademarks, service marks and/or trade names of S&P Dow Jones Indices and/or its licensors. The S&P 500® Index and the S&P/TSX 60 Index are determined, composed and calculated by S&P Dow Jones Indices without regard to the Evolve Funds. S&P Dow Jones Indices have no obligation to take the needs of the Evolve Funds or the owners of the Evolve Funds into consideration in determining, composing or calculating the S&P 500® Index and the S&P/TSX 60 Index. S&P Dow Jones Indices has no obligation or liability in connection with the administration, marketing or trading of the Evolve Funds. There is no assurance that investment products based on the S&P 500® Index or the S&P/TSX 60 Index will accurately track index performance or provide positive investment returns. S&P Dow Jones Indices LLC is not an "investment adviser, commodity trading advisory, commodity pool operator, broker dealer, fiduciary, promoter" (as defined in the Investment Company Act of 1940, as amended), "expert" as enumerated within 15 U.S.C. s. 77k(a) or tax advisor. Inclusion of a security, commodity, crypto currency or other asset within an index is not a recommendation by S&P Dow Jones Indices to buy, sell, or hold such security, commodity, crypto currency or other asset, nor is it considered to be investment advice or commodity trading advice. S&P DOW JONES INDICES DOES NOT GUARANTEE THE ADEQUACY, ACCURACY, TIMELINESS AND/OR THE COMPLETENESS OF THE S&P 500® INDEX AND THE S&P/TSX 60 INDEX OR ANY DATA RELATED THERETO OR ANY COMMUNICATION, INCLUDING BUT NOT LIMITED TO, ORAL OR WRITTEN COMMUNICATION (INCLUDING ELECTRONIC COMMUNICATIONS) WITH RESPECT THERETO. S&P DOW JONES INDICES SHALL NOT BE SUBJECT TO ANY DAMAGES OR LIABILITY FOR ANY ERRORS, OMISSIONS, OR DELAYS THEREIN. 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