Mr. Keith Crone reports
EVOLVE LAUNCHES ACCUMULATING UNIT CLASS FOR THE HIGH INTEREST SAVINGS ACCOUNT FUND
Evolve Funds Group Inc. has added a new class of unhedged accumulating ETF (exchange-traded fund) units to the High Interest Savings Account Fund. HISA has closed its initial offering of unhedged accumulating ETF units and will begin trading on Cboe Canada Inc. today under the ticker symbol: HISA.L.
HISA seeks to maximize monthly income while preserving capital and liquidity by investing primarily in high-interest deposit accounts, and is designed for investors seeking exposure to high interest deposit accounts in a liquid, short-term investment. The unhedged accumulating ETF units provide the same underlying exposure as the existing unhedged ETF units. Distributions, if any, on the unhedged accumulating ETF units will be paid annually and automatically reinvested in additional units of the same class, with unit holdings consolidated accordingly, rather than paid out in cash.
The attached chart sets out the Cboe Canada ticker symbols for the units of HISA.
About Evolve Funds Group Inc.
With over $10-billion in assets under management, Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve's suite of ETFs provide investors with access to: (i) index-based income strategies; (ii) long-term investment themes; and (iii) some of the world's leading investment managers. Established by a team of industry veterans with a demonstrated ability to succeed, Evolve creates investment products that make a difference.
We seek Safe Harbor.
© 2026 Canjex Publishing Ltd. All rights reserved.