Key stats
About Evolve Canadian Equity UltraYield Unhedged ETF Units Trust Units -Unhedged-
Home page
Inception date
Sep 17, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Evolve Funds Group, Inc.
Identifiers
3
ISIN CA30055K1066
CANY is an actively managed alternative mutual fund, as such, the fund may invest in other alternative funds and using cash borrowing for leverage. The fund aims to provide attractive income and long-term capital growth by investing in leading Canadian equities. Positions are selected based on market-cap and volatility, with a focus on those offering attractive option premiums. To enhance yield and reduce risk and volatility, the fund uses a covered call writing strategy, with the level of writing adjusted based on market conditions. The fund may use 1.33x leverage through cash borrowing or derivatives to support its objectives.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Non-Energy Minerals
Transportation
Industrial Services
Stocks133.02%
Finance50.57%
Non-Energy Minerals12.65%
Transportation10.95%
Industrial Services10.75%
Energy Minerals8.79%
Commercial Services6.28%
Bonds, Cash & Other−33.02%
Rights & Warrants−0.90%
Cash−32.12%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
CANY invests in stocks. The fund's major sectors are Finance, with 67.28% stocks, and Non-Energy Minerals, with 16.83% of the basket. The assets are mostly located in the North America region.
CANY top holdings are Cameco Corporation and Canadian Pacific Kansas City Limited, occupying 16.83% and 14.56% of the portfolio correspondingly.
CANY last dividends amounted to 0.21 CAD. Before that, the issuer paid 0.21 CAD in dividends,
CANY assets under management is 70.00 M CAD. It's risen 12.14% over the last month.
CANY fund flows account for 59.36 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, CANY pays dividends to its holders with the dividend yield of 8.43%. The last dividend (Feb 23, 2026) amounted to 0.21 CAD.
CANY shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Sep 17, 2025, and its management style is Active.
CANY follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
CANY invests in stocks.
CANY price has fallen by −3.13% over the last month, and its yearly performance shows a −1.90% decrease. See more dynamics on CANY price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.60% over the last month, showed a 4.26% increase in three-month performance and has increased by 1.94% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.60% over the last month, showed a 4.26% increase in three-month performance and has increased by 1.94% in a year.
CANY trades at a premium (1.03%) meaning the ETF is trading at a higher price than the calculated NAV.