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Bulletin de la Bourse
Evolve Canadian Energy Enhanced Yield Index Fund (OILY) inscrit à la Bourse de Toronto
26 mars 2025
Issuer: Evolve Canadian Energy Enhanced Yield Index Fund ("Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Unhedged ETF Units | OILY | 100,000 | None | C$10.00 |
| Listing category: | Non-Corporate |
| Trading currency of Unhedged ETF Units: | CDN$ |
| Transaction: | Initial public offering (the "Offering") of Unhedged ETF Units |
| Anticipated closing date: | March 26, 2025 |
| Listing date: | March 26, 2025 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Posted for trading date: | March 27, 2025 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | National Bank Financial Inc. |
| Investor relations: | Elliot Johnson Tel: (416) 558-6661 Email: ejohnson@evolveetfs.com - and - Keith Crone Tel: (416) 697-5152 Email: kcrone@evolveetfs.com |
| Incorporation: | An exchange traded mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated as March 17, 2025. |
| Manager and Trustee: | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Evolve ETF seeks to replicate, to the extent reasonably possible before fees and expenses, up to a 1.25 times multiple of the performance of the Solactive Canada Energy Top 10 Index or any successor thereto, while mitigating downside risk. Evolve ETF primarily invests in the equity constituents of the Solactive Canada Energy Top 10 Index. To enhance yield, as well as to mitigate risk and reduce volatility, Evolve ETF will employ a covered call option writing program at the discretion of the Manager. Evolve ETF will use leverage in order to seek to achieve its investment objective. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | Cash distributions of income, if any, on ETF Units will be paid monthly, in the currency in which the ETFs Units are denominated. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus dated March 17, 2025 (the "Prospectus"), which is available at . Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 100,000 Unhedged ETF Units will be issued at a subscription price of C$10.00 per Unhedged ETF Unit. Evolve ETF is authorized to issue an unlimited number of Unhedged ETF Units, each of which represents an equal, undivided interest in the net assets of Evolve ETF and there is no minimum number of Unhedged ETF Units that may be offered. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |