Evolve Plans to Launch the Evolve Canadian Equity UltraYield ETF

August 29, 2025-Evolve Funds Group Inc. ("Evolve" or the "Manager") is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for plans to list the Evolve Canadian Equity UltraYield ETF ("MAPL" or the "Evolve Fund") on the Toronto Stock Exchange.
MAPL aims to offer investors modestly levered exposure to a portfolio of leading Canadian companies with a covered call strategy.

"We are pleased to announce the filing of a preliminary prospectus for the Evolve Canadian Equity UltraYield ETF, the second addition to our UltraYieldTM lineup, " said Raj Lala, President and CEO at Evolve. "MAPL" is designed to meet Canadian investor demand for income by providing exposure to leading Canadian companies, while enhancing yield through a covered call strategy and modest leverage, with distributions paid twice per month."

view more

Source: Evolve Funds Group Inc.