Evolve ETF two new semi-monthly ETFs 🇨🇦
🚀 Two new ways to earn high monthly income just launched on the TSX!
Evolve ETFs has rolled out:
TSX: CFIN – Evolve Canadian Financials Yield Fund
TSX: CUTE – Evolve Canadian Utilities Yield Fund
Both use an active covered-call strategy (no leverage) designed to boost cash flow while giving you pure exposure to some of Canada’s strongest companies.
CFIN – Canadian Financials
Equal-weight exposure to Canada’s “Big Six” banks + major lifecos:
• Scotiabank
• RBC
• TD
• BMO
• CIBC
• National Bank
• Manulife
• Sun Life
• Great-West Life
• Power Corp
CUTE – Canadian Utilities
Equal-weight exposure to Canada’s largest utilities, pipelines & telecoms:
• AltaGas
• Enbridge
• Hydro One
• Fortis
• BCE
• TC Energy
• Pembina
• Emera
• Rogers
• Telus
Key benefits of both:
✅ High monthly distributions (initial: CFIN $0.20 | CUTE $0.234 per unit)
✅ Active covered-call overlay for enhanced yield + some volatility reduction
✅ No leverage
✅ Equal-weight index approach (rebalanced quarterly)
✅ RRSP/TFSA eligible
Main difference?
CFIN = pure financials (banks + insurance)
CUTE = utilities + pipelines + telecom
Perfect pair if you want income from two of Canada’s most reliable dividend engines.
