Evolve All-in-One UltraYield ETF Starts TSX Trading with $0.31 Biweekly Yield
Evolve All-in-One UltraYield ETF has closed its initial unit offering and begins trading on TSX with CAD-hedged units. EASY will pay $0.31 per unit twice monthly starting March 31 and employs covered call writing and modest leverage at a 0% ETF management fee.
1. Launch and Trading
Evolve Funds Group closed the initial offering of EASY units and commenced trading on the Toronto Stock Exchange under the ticker EASY. The ETF is CAD-hedged and marks Evolve’s latest income-focused product in its $8 billion AUM suite.
2. Distribution Schedule
EASY will distribute $0.31 per unit on March 31, 2026 (payable April 8) and April 15, 2026 (payable April 22), with cash payments scheduled twice monthly and potential adjustments at the manager’s discretion.
3. Investment Strategy
The ETF targets income and long-term capital appreciation by holding leading global equities and writing covered calls. Modest leverage will be deployed via cash borrowings or derivatives to enhance returns and mitigate volatility.
4. Fee Structure
EASY carries a 0% management fee at the ETF level, while underlying funds pay 0.40% (BIGY, CANY) or 0.60% (INTY) in management fees plus applicable taxes. Investors should review underlying expense ratios before investing.