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Evolve Innovation Index Fund Class A

Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021

Click for more information on Fundata’s FundGrade

NAVPS
(05-22-2024)
$33.11
Change
$0.09 (0.26%)

As at April 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

Evolve Innovation Index Fund Class A

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Fund Returns

Inception Return (June 04, 2019): 11.62%

Fund Returns
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 -6.98% -0.05% 19.30% 1.50% 15.64% 2.49% -4.85% 10.07% - - - - - -
Benchmark -1.84% 6.75% 18.70% 8.25% 18.76% 13.40% 7.92% 13.07% 9.85% 9.77% 9.47% 11.38% 9.88% 10.74%
Category Average -2.59% 16.87% 16.87% 6.65% 13.80% 9.73% 4.96% 10.77% 7.61% 7.52% 7.30% 8.66% 7.25% 7.76%
Category Rank 2,044 / 2,062 2,010 / 2,040 586 / 2,032 1,964 / 2,036 733 / 1,943 1,763 / 1,798 1,619 / 1,636 940 / 1,505 - - - - - -
Quartile Ranking 4 4 2 4 2 4 4 3 - - - - - -

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 3.85% 4.73% 4.26% -4.93% -4.70% -5.65% 11.26% 5.65% 1.55% 5.93% 1.43% -6.98%
Benchmark -0.97% 2.98% 3.28% -0.19% -4.15% -0.71% 6.95% 2.53% 1.41% 5.64% 2.94% -1.84%

Best Monthly Return Since Inception

14.92% (November 2020)

Worst Monthly Return Since Inception

-10.98% (September 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - 61.64% 10.70% -34.09% 24.26%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking - - - - - - 1 4 4 1
Category Rank - - - - - - 31/ 1,488 1,410/ 1,604 1,708/ 1,758 173/ 1,919

Best Calendar Return (Last 10 years)

61.64% (2020)

Worst Calendar Return (Last 10 years)

-34.09% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 64.84
International Equity 31.70
Canadian Equity 1.78
Cash and Equivalents 1.70
Other -0.02

Sector Allocation

Sector Allocation
Name Percent
Technology 47.94
Consumer Goods 11.85
Healthcare 11.20
Telecommunications 8.84
Financial Services 8.62
Other 11.55

Geographic Allocation

Geographic Allocation
Name Percent
North America 68.14
Asia 19.61
Europe 8.43
Africa and Middle East 2.27
Other 1.55

Top Holdings

Top Holdings
Name Percent
Evolve Automobile Innovation Index Fund (CARS)-Hgd 12.78
Evolve Cyber Security Index Fund (CYBR)-Hedged 12.74
Evolve E-Gaming Index ETF Hedged (HERO) 12.59
Evolve Cloud Computing Index Fund Hgd ETF (DATA) 12.10
Qualcomm Inc 2.53
Beigene Ltd - ADR 1.48
Microchip Technology Inc 1.36
Intuit Inc 1.33
PayPal Holdings Inc 1.32
Advanced Micro Devices Inc 1.30

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Evolve Innovation Index Fund Class A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 20.50% - -
Beta 1.41% - -
Alpha -0.15% - -
Rsquared 0.80% - -
Sharpe -0.28% - -
Sortino -0.38% - -
Treynor -0.04% - -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 - -

Risk Rating

Rating 10 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 19.77% 20.50% - -
Beta 1.51% 1.41% - -
Alpha -0.11% -0.15% - -
Rsquared 0.72% 0.80% - -
Sharpe 0.59% -0.28% - -
Sortino 1.14% -0.38% - -
Treynor 0.08% -0.04% - -
Tax Efficiency 99.82% - - -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date June 04, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
EVF161

Investment Objectives

EDGE seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Innovation Index, or any successor thereto (the “EDGE Index”). EDGE directly or indirectly invests in equity securities of companies located domestically or internationally that are involved in innovative and disruptive trends across a broad range of industries.

Investment Strategy

In order to achieve its investment objective, the Fund seeks to hold the constituent securities of the applicable Index in approximately the same proportion as they are reflected in the Index. Alternatively, employ a sampling strategy whereby the fund holds a portfolio of securities that closely matches the aggregate investment of the securities included in the Index

Portfolio Manager(s)

Name Start Date
Evolve Funds Group Inc. 05-02-2018

Management and Organization

Fund Manager Evolve Funds Group Inc.
Advisor Evolve Funds Group Inc.
Custodian CIBC Mellon Trust Company
Registrar TSX Trust Company
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 5,000
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.78%
Management Fee 1.40%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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