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Alternative Other
|
Close (04-18-2024) |
$31.63 |
|---|---|
| Change |
$1.30
(4.29%)
|
| Open | $31.06 |
|---|---|
| Day Range | $30.86 - $31.88 |
| Volume | 57,844 |
As at March 31, 2024
As at March 31, 2024
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Inception Return (February 17, 2021): 10.66%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 12.83% | 70.70% | 163.33% | 70.70% | 145.78% | 26.18% | 7.17% | - | - | - | - | - | - | - |
| Benchmark | 4.14% | 6.62% | 15.26% | 6.62% | 13.96% | 3.95% | 9.11% | 16.99% | 9.96% | 9.65% | 8.48% | 9.70% | 7.76% | 7.67% |
| Category Average | 6.28% | 72.67% | 72.67% | 36.55% | 61.59% | 12.75% | 7.53% | 10.88% | 9.34% | 7.62% | 6.74% | 7.15% | 5.84% | 5.73% |
| Category Rank | 21 / 90 | 14 / 90 | 1 / 88 | 14 / 90 | 10 / 79 | 17 / 73 | 8 / 15 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 3 | - | - | - | - | - | - | - |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.49% | -7.42% | 8.46% | -3.37% | -5.07% | -1.13% | 30.72% | 7.09% | 10.21% | 2.11% | 48.16% | 12.83% |
| Benchmark | 2.90% | -4.95% | 3.36% | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% |
48.16% (February 2024)
-38.70% (June 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | -63.98% | 146.92% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | 4.57% | -0.60% | 6.48% | 4.63% | -4.48% | 6.64% | 14.43% | 7.75% | -45.86% | 66.56% |
| Quartile Ranking | - | - | - | - | - | - | - | - | 3 | 1 |
| Category Rank | - | - | - | - | - | - | - | - | 41/ 65 | 6/ 79 |
146.92% (2023)
-63.98% (2022)
| Name | Percent |
|---|---|
| Commodities | 99.87 |
| Cash and Equivalents | 0.13 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 0.13 |
| Other | 99.87 |
| Name | Percent |
|---|---|
| North America | 0.13 |
| Other | 99.87 |
| Name | Percent |
|---|---|
| Bitcoin CME CF Bitcoin Reference Rate | 99.87 |
| Cash and Cash Equivalents | 0.13 |
Evolve Bitcoin ETF - CAD Units
Median
Other - Alternative Other
| Standard Deviation | 67.86% | - | - |
|---|---|---|---|
| Beta | 1.93% | - | - |
| Alpha | 0.11% | - | - |
| Rsquared | 0.14% | - | - |
| Sharpe | 0.39% | - | - |
| Sortino | 0.63% | - | - |
| Treynor | 0.14% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 55.64% | 67.86% | - | - |
| Beta | 0.59% | 1.93% | - | - |
| Alpha | 0.97% | 0.11% | - | - |
| Rsquared | 0.02% | 0.14% | - | - |
| Sharpe | 1.80% | 0.39% | - | - |
| Sortino | 10.10% | 0.63% | - | - |
| Treynor | 1.69% | 0.14% | - | - |
| Tax Efficiency | 100.00% | - | - | - |
| Start Date | February 17, 2021 |
|---|---|
| Instrument Type | Exchange Traded Fund (Alternative) |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | - |
| 52 Week High | $35.87 |
| 52 Week Low | $12.09 |
| Annual Dividend | - |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
| Exposure | - |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
The Evolve Fund’s investment objective is to provide Unitholders with exposure to the daily price movements of the U.S. dollar price of bitcoin while experiencing minimal tracking error by utilizing the benefits of the creation and redemption processes offered by the exchange traded fund structure.
The Evolve Fund is considered an alternative mutual fund within the meaning of NI 81-102 and is permitted to invest in asset classes or use investment strategies that are not permitted for other types of mutual funds. As an alternative mutual fund, under NI 81-102, the Evolve Fund is permitted to use strategies generally prohibited by conventional mutual funds, including the ability to borrow cash to use for investment purposes and increased ability to invest in commodities.
| Name | Start Date |
|---|---|
| Evolve Funds Group Inc. | 02-18-2021 |
| Fund Manager | Evolve Funds Group Inc. |
|---|---|
| Advisor | Evolve Funds Group Inc. |
| Custodian | Cidel Trust Company |
| Registrar | TSX Trust Company |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| MER | 2.18% |
|---|---|
| Management Fee | 0.75% |
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