Evolve’s GLC Fund Now Trading on NEO Exchange

Ad blocking detected

Thank you for visiting CanadianInsider.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). Private browsing Firefox users should be able to disable tracking protection while visiting our website. Visit Mozilla support for more information. If you do not believe you have any ad-blocking software on your browser, you may want to try another browser, computer or internet service provider. Alternatively, you may consider the following if you want an ad-free experience.

Canadian Insider Ultra Club
$500/ year*
Daily Morning INK newsletter
+3 months archive
Canadian Market INK weekly newsletter
+3 months archive
30 publication downloads per month from the PDF store
Top 20 Gold, Top 30 Energy, Top 40 Stock downloads from the PDF store
All benefits of basic registration
No 3rd party display ads
JOIN THE CLUB

* Price is subject to applicable taxes.

Paid subscriptions and memberships are auto-renewing unless cancelled (easily done via the Account Settings Membership Status page after logging in). Once cancelled, a subscription or membership will terminate at the end of the current term.

Sep 25, 2020 09:03 am
TORONTO -- 

NEO is pleased to announce that the Evolve Gold Miners Fund from Evolve Funds Group Inc. (“Evolve”) is now available for trading on the NEO Exchange. This newest ETF, trading under the symbol NEO:GLC, is the result of a conversion from a closed-end fund, following a restructuring and name change of the company.

Evolve’s GLC Fund aims to provide shareholders with long-term capital appreciation by investing in a diversified mix of equity securities of gold mining issuers, located both domestically and internationally. “As gold prices strengthen on the back of the global pandemic, we believe there remains a long-term investment opportunity in the gold mining sector,” said Elliot Johnson, Chief Investment Officer at Evolve ETFs. “Given the uncertainty in the post-pandemic world, now might be the time for investors to consider gold mining equities. We launched the Evolve Gold Miners Fund to provide investors with access to an undervalued growth sector that historically moves in the opposite direction to the broad equity markets.”

The GLC Fund joins two other Evolve ETFs already listed on the NEO Exchange: Evolve Active Core Fixed Income Fund (FIXD) and their High Interest Savings Account Fund (HISA).

We are honoured to count another Evolve ETF as our own,” remarked Jos Schmitt, President and CEO of NEO. “The NEO Exchange has become the venue of choice for close to 100 unique listings, including public companies and some of Canada’s largest and up-and-coming ETF issuers. Facilitating roughly 20% of all trading in Canadian ETFs, NEO has deep-rooted knowledge and expertise in the Canadian ETF industry, which made this listing an obvious choice for Evolve. We look forward to continuing to support their growth and hosting additional listings in the future.”

Investors can trade shares of NEO:GLC through their usual investment channels, including discount brokerage platforms and full-service dealers. Click here for a complete view of all NEO-listed securities.

About Evolve

With over $1 billion in assets under management, Evolve is one of Canada’s fastest growing ETF providers since launching its first suite of ETFs in September 2017. Evolve is a leader in thematic ETFs and specializes in bringing innovative ETFs to Canadian investors. Evolve’s suite of ETFs provide investors with access to: (i) long term investment themes; (ii) index-based income strategies; and (iii) some of the world’s leading investment managers. Established by a team of industry veterans with a proven track record of success, Evolve creates investment products that make a difference.

Connect with Evolve: Website | Linkedin | Twitter

About NEO Exchange

NEO Exchange is a progressive stock exchange that brings together investors and capital raisers within a fair, efficient, and service-oriented environment. Fully operational since June 2015, NEO puts investors first and provides access to trading all Canadian-listed securities on a level playing field. The NEO Exchange lists senior companies and investment products who want a stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.

Connect with NEO: Website | Linkedin | Twitter

NEO
Adam Bornstein
E: [email protected]
P: 905.505.2540

Evolve
Keith Crone
E: [email protected]
P: 416.966.8716

Comment On!

140
Upload limit is up to 1mb only
To post messages to your Socail Media account, you must first give authorization from the websites. Select the platform you wish to connect your account to CanadianInsider.com (via Easy Blurb).