The Toronto Stock Exchange reports that Evolve NASDAQ Technology UltraYield ETF will be listed at 5:01 p.m. on Aug. 12, 2026, for trading at the open on Aug. 13, 2026. According to the TSX, there will be 40,000 Canadian-dollar hedged ETF (exchange-traded fund) units issued and outstanding, with no securities reserved for issuance. The units will trade under the symbol TECY and with Cusip No. 300925 10 4.
The TSX reports that the ETF seeks to provide exposure to technology
companies while generating enhanced income through a
covered call strategy. The ETF seeks to replicate, to
the extent reasonably possible and before fees and
expenses, up to a 1.33-time multiple of the performance
of the NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted Index or a successor index. To
enhance yield and manage risk, 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 conditions.
According to the TSX, the ETF expects to pay cash distributions on its units, if any, at least semi-monthly, with the possibility of more frequent cash 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 Aug. 4, 2026, the ETF is issuing 40,000 units at $25 per unit in its initial public offering. It expects to close the offering on Aug. 12, 2026. The designated market-maker is National Bank Financial Inc.
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