EVOLVE AUTOMOBILE INNOVATN IDX FD HEDGED UNITSEVOLVE AUTOMOBILE INNOVATN IDX FD HEDGED UNITSEVOLVE AUTOMOBILE INNOVATN IDX FD HEDGED UNITS

EVOLVE AUTOMOBILE INNOVATN IDX FD HEDGED UNITS

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Key stats


Assets under management (AUM)
‪20.36 M‬CAD
Fund flows (1Y)
‪−9.34 M‬CAD
Dividend yield (indicated)
1.15%
Discount/Premium to NAV
−1.8%

About EVOLVE AUTOMOBILE INNOVATN IDX FD HEDGED UNITS


Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Expense ratio
0.89%
Inception date
Sep 29, 2017
Index tracked
Solactive Future Cars Index Canadian Dollar Hedged - CAD
Management style
Passive
The fund is a passively managed ETF that provides exposure to stocks, including ADRs and GDRs, from developed markets that are working towards the development of automobiles, whether directly or as part of its ecosystem. The fund holds companies, stretching across multiple sub-industries under FactSets Revere Business Industry Classification System as car manufacturers, auto interior comfort/safety/electronics products, fuel cell equipment and technology providers, heavy-duty and high-end batteries manufacturing, video multimedia semiconductors, and general analog and mixed signal semiconductors. The index is reviewed quarterly, assigning each eligible company an equal weight.

Classification


Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Mobility
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Market cap
What's in the fund
Exposure type
Stocks
Electronic Technology
Producer Manufacturing
Consumer Durables
Stock breakdown by region
80%10%8%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.