Evolve Launches USD Accumulating Unit Class for the US High Interest Savings Account Fund

August 18, 2026 8:30 AM EDT | Source: Evolve ETFs

Toronto, Ontario--(Newsfile Corp. - August 18, 2026) - Evolve Funds Group Inc. ("Evolve") is pleased to announce the addition of a new class of USD Unhedged Accumulating ETF Units to the US High Interest Savings Account Fund ("HISU" or "Evolve Fund"). HISU has closed its initial offering of USD Unhedged Accumulating ETF Units and will begin trading on the Toronto Stock Exchange ("TSX") today under the ticker symbol: HISU.V.

HISU seeks to maximize monthly income while preserving capital and liquidity by investing primarily in high interest US dollar deposit accounts, and is designed for investors seeking exposure to US high interest deposit accounts in a liquid, short-term investment. The USD Unhedged Accumulating ETF Units provide the same underlying exposure as the existing USD Unhedged ETF Units. Distributions, if any, on the USD Unhedged Accumulating ETF Units will be paid annually and automatically reinvested in additional units of the same class, with unit holdings consolidated accordingly, rather than paid out in cash.

The following chart sets out the Toronto Stock Exchange ticker symbols for the Units of HISU:

Evolve FundUnit ClassTSX Ticker Symbol
US High Interest Savings Account FundUSD Unhedged ETF UnitsHISU.U
US High Interest Savings Account FundUSD Unhedged Accumulating ETF UnitsHISU.V

 

About Evolve Funds Group Inc.

With over $10 billion in assets under management, Evolve specializes in bringing innovative ETFs to Canadian investors. Evolve's suite of ETFs provide 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. For more information, please visit www.evolveetfs.com.

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Evolve Funds Group Inc. is the investment fund manager and portfolio manager. US High Interest Savings Account Fund ("HISU") is offered by Evolve Funds Group Inc., and distributed through authorized dealers.

The information contained herein is a general description and is not intended to be specific investment advice to any particular investor nor intended to be investment or tax advice. You should not act or rely on the information contained herein without seeking the advice of an appropriate professional advisor.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange traded funds (ETFs) 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. ETF and mutual fund units are not covered by the Canada Deposit Insurance Corporation or by any other government deposit insurer.

CONTACT INFORMATIONMEDIA CONTACT 
 
Evolve ETFs  Keith Crone
info@evolveetfs.com kcrone@evolveetfs.com
t. 416.214.4884 416.966.8716
tf. 1.844.370.4884

 

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as "may", "will", "should", "expect", "anticipate", "believe", "intend" or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Evolve undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/310071

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Source: Evolve ETFs

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