Exchange Bulletin
Evolve Canadian Utilities Yield Fund (CUTE) To Trade On Toronto Stock Exchange
July 13, 2026
Issuer: Evolve Canadian Utilities Yield Fund ("Evolve ETF")
| Security | Symbol | Issued and Outstanding Securities | Reserved Securities | Issue Price |
|---|---|---|---|---|
| Unhedged ETF Units (the "ETF Units") | CUTE | 50,000 | None | C$20.00 |
| Listing category: | Non-Corporate |
| Trading currency of ETF Units: | CDN$ |
| Transaction: | Initial public offering (the "Offering") of ETF Units. |
| Anticipated closing date: | July 13, 2026 |
| Listing date: | July 13 2026 (as at 5:01 p.m.) in anticipation of closing of the Offering. |
| Posted for trading date: | July 14, 2026 (at the opening) subject to confirmation of closing of the Offering. |
| Other market(s): | None |
| Designated market maker: | CIBC World Markets 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 alternative mutual fund established under the laws of the Province of Ontario pursuant to an amended and restated declaration of trust dated July 6, 2026. |
| Manager and Trustee | Evolve Funds Group Inc. |
| Fiscal year end: | December 31 |
| Nature of business: | Evolve ETF seeks to provide exposure to an equal-weighted portfolio of primarily Canadian utilities services companies while generating enhanced income through a covered call strategy. Evolve ETF seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Canada Utility Index, or any successor thereto. To enhance yield and manage risk, Evolve ETF will employ a covered call option writing program at the discretion of the Manager. The level of covered call option writing may vary based on market conditions. |
| Transfer agent and registrar: | TSX Trust Company at its principal office in Toronto. |
| Dividends: | Cash distributions, if any, on ETF Units will be paid monthly at the Manager's discretion. |
| Sponsorship: | Not applicable. |
| Offering document: | Prospectus date July 6, 2026 (the "Prospectus"), which is available at www.sedarplus.ca. Capitalized terms not otherwise defined herein are as defined in the Prospectus. |
| Initial public offering: | 50,000 ETF Units will be issued at a subscription price of C$20.00 per ETF Unit. Evolve ETF is authorized to issue an unlimited number of ETF Units, each of which represents an equal, undivided interest in the net assets of Evolve ETF and there is no minimum number of ETF Units that may be offered. |
| TSX contact: | Selma Thaver, Managing Director, TSX Listings |