Evolve Funds Group Inc. Announces Final 2017 Annual Capital Gains Distributions for the Evolve Active US Core Equity ETF

TSX Symbols: CAPS and CAPS.B

TORONTO, March 29, 2018 /CNW/ - Evolve Funds Group Inc. ("Evolve") announces final annual capital gains distributions for the Evolve Active US Core Equity ETF for the 2017 tax year.

These amounts are for the year-end capital gains distributions only, which were re-invested and the resulting units immediately consolidated, so that the number of units held by each investor did not change. The annual capital gains distributions do not include the ongoing monthly or quarterly distribution amounts, which were reported in a separate press release.

The ex-dividend date for the 2017 annual distributions was December 28, 2017. The record date for the 2017 annual distributions was December 29, 2017 and payable on January 9, 2018. The actual taxable amounts of reinvested capital gains distributions for 2017 including the tax characteristics of the distributions, was reported to brokers (through CDS Clearing and Depository Services Inc. or "CDS") in early 2018.

For the tax year 2017, the fund is reporting as a Deemed Financial Institution; therefore, it is required to recognize all unrealized gains as income for the period ending December 31, 2017.

To learn more about TSX-listed Evolve ETFs, please visit www.evolveetfs.com.

About Evolve Funds Group Inc.
Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve's suite of fourteen 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, we create investment products that make a difference. For more information, please visit www.evolveetfs.com.

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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.

SOURCE Evolve ETFs