EVOLVE FANGMA INDEX ETF USD UNHEDGED UNITSEVOLVE FANGMA INDEX ETF USD UNHEDGED UNITSEVOLVE FANGMA INDEX ETF USD UNHEDGED UNITS

EVOLVE FANGMA INDEX ETF USD UNHEDGED UNITS

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About EVOLVE FANGMA INDEX ETF USD UNHEDGED UNITS

Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Expense ratio
0.80%
Inception date
Apr 28, 2021
Index tracked
Solactive FANGMA Equal Weight Index - CAD Hedged
Management style
Passive
The fund is passively managed to hold a static basket of six leading technology companies in the US known as FANGMA (Facebook, Amazon, Netflix, Google [Alphabet], Microsoft, and Apple). Only one share class per company is eligible for inclusion. Due to its very narrow holdings, investors can expect a high level of concentration and volatility in the portfolio. The index is equally weighted and rebalanced on a quarterly basis.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Big Tech
Strategy
Equal
Weighting scheme
Equal
Selection criteria
Fixed

Returns

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

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows