The Toronto Stock Exchange reports that Evolve U.S. Equity UltraYield ETF will be listed at 5:01 p.m. on Sept. 9, 2025, for trading at the open on Sept. 10, 2025. According to the TSX, there will be 120,000 Canadian-dollar-denominated units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The units will trade under the symbol BIGY and with Cusip No. 30054D 10 3.

The TSX reports that the ETF seeks to provide attractive income and long-term capital appreciation by investing in a portfolio of leading U.S. equity securities that have the potential to generate significant option premiums. 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. The ETF will use leverage in order to seek to achieve its investment objective. Leverage will be created through the use of cash borrowings and/or derivatives, or as otherwise permitted under applicable securities legislation.

According to the TSX, cash distributions, if any, on the hedged ETF units will be paid at least semi-monthly, with the possibility of more frequent distributions at the manager's discretion. 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 Sept. 3, 2025, the ETF is issuing 120,000 hedged units at $25 per unit in its initial public offering. It expects to close the offering on Sept. 9, 2025. The designated market-maker is National Bank Financial Inc.