EvolveUBS Enters Active Equity ETF Market With Global Income Strategy
UBS Asset Management has launched its first active equity ETF in Europe with the UBS Global Equity Income Plus UCITS ETF (FGZJ).
Evolve has launched the Evolve Canadian Financials Yield Fund (CFIN) and Evolve Canadian Utilities Yield Fund (CUTE), with both ETFs now trading on the Toronto Stock Exchange. The funds provide equal-weight exposure to Canadian financial and utility companies while generating monthly income through actively managed covered call strategies, without using leverage. The launches build on the success of Evolve’s leveraged income ETFs, which have accumulated more than C$1.7 billion in combined assets. Initial monthly distributions of C$0.20 for CFIN and C$0.234 for CUTE are scheduled to be paid on August 10.
At a glance
- Beat
- Launches
- Issuer
- Evolve
- Region
- United States
- Filed
- 14 July 2026
Source: Press Release
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