EVOLVE NASDAQ TECHNOLOGY ENHANCED Y UNIT HEDGED CADEVOLVE NASDAQ TECHNOLOGY ENHANCED Y UNIT HEDGED CADEVOLVE NASDAQ TECHNOLOGY ENHANCED Y UNIT HEDGED CAD

EVOLVE NASDAQ TECHNOLOGY ENHANCED Y UNIT HEDGED CAD

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Key stats


Assets under management (AUM)
‪75.60 M‬CAD
Fund flows (1Y)
‪59.43 M‬CAD
Dividend yield (indicated)
13.91%
Discount/Premium to NAV
−0.01%
Shares outstanding
‪2.88 M‬
Expense ratio
1.30%

About EVOLVE NASDAQ TECHNOLOGY ENHANCED Y UNIT HEDGED CAD


Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Inception date
Oct 4, 2023
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted Index - CAD - Benchmark TR Net
Management style
Passive
The fund aims to replicate the performance of the NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted Index. The market cap-weighted index provides exposure equity securities of technology companies from its parent index, capped at 10%. The index is rebalanced quarterly. To enhance yield, mitigate risk, and reduce volatility, the fund employs a covered call option strategy at the discretion of the manager. The fund may hold securities from the underlying index at approximately the same proportion or securities of ETFs with exposure to the same index. The fund manager may write up to 100% of the funds assets in covered call options at its discretion. The level of covered call options may vary based on market volatility and other factors, such as differences between the strike price and the market price of the underlying security at the time the option is written.

Classification


Asset Class
Equity
Category
Sector
Focus
Information technology
Niche
Broad-based
Strategy
Exchange-specific
Geography
U.S.
Weighting scheme
Market cap
Selection criteria
NASDAQ - listed

Returns


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

What's in the fund


As of January 22, 2025
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Stocks99.41%
Technology Services48.68%
Electronic Technology45.26%
Producer Manufacturing3.05%
Transportation0.79%
Retail Trade0.78%
Bonds, Cash & Other0.59%
Cash1.45%
Rights & Warrants−0.86%
Stock breakdown by region
100%
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