Mr. Keith Crone reports

EVOLVE NASDAQ TECHNOLOGY ULTRAYIELD ETF BEGINS TRADING TODAY ON TSX

Evolve NASDAQ Technology UltraYield ETF has closed its initial offering of units and will begin trading on the Toronto Stock Exchange today under the ticker symbol TECY (Canadian-dollar hedged exchange-traded-fund units).

TECY is designed to provide investors with modestly levered exposure to leading technology companies while generating enhanced income through a covered-call strategy.

Cash distributions on TECY are anticipated to be paid twice per month, with the possibility of more frequent distributions at the manager's discretion. The first distributions for TECY are indicated in the table below.

TECY seeks to provide attractive income and long-term capital appreciation by investing in a portfolio of leading technology companies that have the potential to generate significant option premiums. To enhance yield, as well as to mitigate risk and reduce volatility, TECY 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.

TECY will use modest leverage 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.

About Evolve Funds Group Inc.

With over $9-billion in assets under management, Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve's suite of ETFs provides 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.

Evolve Funds Group is the investment fund manager and portfolio manager. Evolve NASDAQ Technology UltraYield will be offered by Evolve Funds Group and distributed through authorized dealers.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange-traded funds and mutual funds. Please read the prospectus before investing. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Investors may incur customary brokerage commissions in buying or selling ETF and mutual fund units. Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

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