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)
‪19.84 M‬CAD
Fund flows (1Y)
‪−8.16 M‬CAD
Dividend yield (indicated)
1.19%
Discount/Premium to NAV
−1.08%
Shares outstanding
‪950.00 K‬
Expense ratio
0.89%

About EVOLVE AUTOMOBILE INNOVATN IDX FD HEDGED UNITS


Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Inception date
Sep 29, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive Future Cars Index Canadian Dollar Hedged - CAD
Management style
Passive
Tax on distributions
Return of Capital
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
Geography
Developed Markets
Weighting scheme
Equal
Selection criteria
Market cap

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund


As of January 13, 2025
Exposure type
StocksBonds, Cash & Other
Electronic Technology
Producer Manufacturing
Consumer Durables
Stocks99.17%
Electronic Technology34.05%
Producer Manufacturing30.37%
Consumer Durables29.63%
Retail Trade3.23%
Non-Energy Minerals1.88%
Bonds, Cash & Other0.83%
Cash0.83%
Stock breakdown by region
80%10%8%
North America80.57%
Europe10.69%
Asia8.74%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows