Evolve ETFs to purchase 5 funds from Sphere

Evolve Funds Group Inc. has entered into an agreement with Sphere Investment Management Inc. to purchase the management contracts for these ETFs:

• Sphere FTSE Canada Sustainable Yield Index ETF
• Sphere FTSE US Sustainable Yield Index ETF
• Sphere FTSE Europe Sustainable Yield Index ETF
• Sphere FTSE ASIA Sustainable Yield Index ETF
• Sphere FTSE Emerging Markets Sustainable Yield Index ETF

While the acquisition is subject to regulatory and unitholder approvals, the ETFs will likely continue to use a strategy that follows the Sustainable Yield Index series.

Also read:

Horizons ETFs and Evolve Funds launch ETFs

Evolve Funds launches 3 ETFs

How an ETF is born

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