The Toronto Stock Exchange reports that Evolve Enhanced Yield Mid Term Bond Fund will be listed at 5:01 p.m. on March 26, 2025, for trading at the open on March 27, 2025. According to the TSX, there will be 50,000 Canadian-dollar hedged units, 50,000 Canadian-dollar unhedged units and 50,000 U.S.-dollar unhedged units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The Canadian-dollar hedged units will trade under the symbol MIDB and with Cusip No. 30054T 30 6, the Canadian-dollar unhedged units will trade under the symbol MIDB.B and with Cusip No. 30054T 10 8, and the U.S.-dollar unhedged units will trade under the symbol MIDB.U and with Cusip No. 30054T 20 7.

The TSX reports that the ETF seeks to provide unitholders with attractive monthly income and long-term capital appreciation by targeting a medium duration fixed income portfolio by investing primarily in fixed income ETFs or fixed income securities issued in either the United States or Canada. To enhance yield, as well as to mitigate risk and reduce volatility, the 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 volatility and other factors.

According to the TSX, the ETF will pay cash distributions of income on its units, if any, on a monthly basis in the currency in which the units are denominated. The ETF's manager and trustee is Evolve Funds Group Inc., its transfer agent and registrar is TSX Trust Company at its principal office in Toronto, and its fiscal year-end is Dec. 31.

As stated in its prospectus dated March 17, 2025, the ETF is issuing 50,000 Canadian-dollar hedged units at $20 (Canadian) per unit, 50,000 Canadian-dollar unhedged units at $20 (Canadian) per unit and 50,000 U.S.-dollar unhedged units at $20 (U.S.) per unit in its initial public offering. It expects to close the offering on March 26, 2025. The designated market-maker is CIBC World Markets Inc.