TORONTO--(BUSINESS WIRE)--Today, Evermore Capital Inc. (“Evermore”) is pleased to announce the final fourth quarter cash distribution amounts per unit for the Evermore Retirement ETFs, which trade on the NEO Exchange, for the period ending December 31, 2022. Please be advised that the distributions announced in this press release replace those stated in the December 22, 2022, press release for the Evermore Retirement ETFs.
Unitholders of the Evermore Retirement ETFs with record on December 30, 2022, will receive cash distributions payable on January 6, 2023. All distributions are paid in Canadian Dollars.
ETF Name |
Ticker
|
Final Cash
|
Final Capital
|
Frequency* |
Evermore Retirement 2025 ETF |
ERCV |
$0.12156 |
$0.00 |
Quarterly |
Evermore Retirement 2030 ETF |
ERDO |
$0.14106 |
$0.00 |
Quarterly |
Evermore Retirement 2035 ETF |
ERDV |
$0.14352 |
$0.00 |
Quarterly |
Evermore Retirement 2040 ETF |
EREO |
$0.18276 |
$0.00 |
Quarterly |
Evermore Retirement 2045 ETF |
EREV |
$0.21010 |
$0.00 |
Quarterly |
Evermore Retirement 2050 ETF |
ERFO |
$0.21404 |
$0.00 |
Quarterly |
Evermore Retirement 2055 ETF |
ERFV |
$0.21994 |
$0.00 |
Quarterly |
Evermore Retirement 2060 ETF |
ERGO |
$0.21974 |
$0.00 |
Quarterly |
Distributions for the Evermore Retirement ETFs will vary from period to period.
* Effective 2023, the Evermore Retirement ETFs will switch its cash distribution per unit frequency from quarterly to annual leading up to each of the Evermore Retirement ETF’s target year. In and after the target year, each of the Evermore Retirement ETF will have a monthly cash distribution.
About Evermore
Evermore is a Canadian asset management company that created and issued the first target date ETFs in Canada, Evermore Retirement ETFs. Evermore provides Canadians with low-cost, easy to understand, accessible, and goal-based retirement investment solutions. Evermore Retirement ETFs are the first and only target date ETFs in Canada. Evermore Retirement ETFs simplify retirement investing and take the hassle out of deciding what to buy, sell, or when to rebalance, offering Canadians peace of mind in one ETF. For more information on Evermore and the Evermore Retirement ETFs, visit www.evermore.ca.
Commissions, trading fees, management fees and expenses all may be associated with an investment in exchange traded funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
