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Evolve Active Canadian Preferred Share Fund Unhedged Class A

Preferred Sh Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(05-30-2025)
$18.96
Change
$0.07 (0.37%)

As at April 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jun 2019Nov 2019Apr 2020Sep 2020Feb 2021Jul 2021Dec 2021May 2022Oct 2022Mar 2023Aug 2023Jan 2024Jun 2024Nov 2024Apr 2025Jul 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2020Apr 2021Apr 2022Apr 2023Apr 2024$6,000$8,000$10,000$12,000$14,000$9,000$11,000Period

Legend

Evolve Active Canadian Preferred Share Fund Unhedged Class A

Compare Options


Fund Returns

Inception Return (April 23, 2019): 3.30%

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 -2.72% -2.10% 2.43% -0.43% 11.44% 9.87% 4.70% 2.48% 8.74% 3.32% - - - -
Benchmark -3.12% -2.80% 4.30% -0.61% 11.70% 13.14% 5.87% 3.67% 9.40% 5.66% 3.88% 4.03% 5.53% 3.54%
Category Average -2.87% -2.94% 2.98% -0.96% 9.98% 12.23% 5.45% 3.38% 9.18% 5.42% 3.74% 3.72% 5.33% 3.66%
Category Rank 17 / 65 14 / 65 54 / 65 11 / 65 17 / 63 58 / 63 56 / 63 56 / 63 46 / 58 47 / 57 - - - -
Quartile Ranking 2 1 4 1 2 4 4 4 4 4 - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 3.08% 0.11% 3.07% 2.02% 1.10% -0.81% 1.07% 1.79% 1.70% 0.60% 0.04% -2.72%
Benchmark 2.94% -0.02% 2.25% 2.71% 0.48% -1.38% 2.29% 2.59% 2.25% 0.45% -0.12% -3.12%

Best Monthly Return Since Inception

11.19% (April 2020)

Worst Monthly Return Since Inception

-23.37% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-30%-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - -2.18% 18.97% -16.12% 4.83% 19.32%
Benchmark -14.95% 6.98% 13.62% -7.93% 3.48% 6.16% 19.35% -18.08% 5.90% 24.70%
Category Average -11.52% 8.78% 12.66% -8.25% 4.17% 5.25% 19.63% -16.73% 6.27% 21.47%
Quartile Ranking - - - - - 4 3 2 3 4
Category Rank - - - - - 58/ 58 47/ 63 29/ 63 40/ 63 56/ 63

Best Calendar Return (Last 10 years)

19.32% (2024)

Worst Calendar Return (Last 10 years)

-16.12% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 72.20
Canadian Corporate Bonds 17.99
Cash and Equivalents 7.96
International Equity 1.86
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 36.85
Energy 21.94
Fixed Income 17.99
Utilities 11.50
Cash and Cash Equivalent 7.96
Other 3.76

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.14
Latin America 1.86

Top Holdings

Top Holdings
Name Percent
Toronto-Dominion Bank 5.75% PERP 4.12
Enbridge Inc - Pfd Sr 19 3.80
Toronto-Dominion Bank - Pfd Cl A Sr 1 3.58
Power Corp of Canada - Pfd Sr G 3.42
Fortis Inc - Pfd Sr M 3.40
Pembina Pipeline Corp - Pfd Cl A Sr 15 3.05
Royal Bank of Canada 7.41% 31-Dec-2049 2.95
Gibson Energy Inc 8.70% 12-Jul-2083 2.89
Enbridge Inc 6.63% 12-Apr-2028 2.73
Manulife Financial Corp - Pfd Sr 11 2.73

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return891011121314151617-2%0%2%4%6%8%10%

Evolve Active Canadian Preferred Share Fund Unhedged Class A

Median

Other - Preferred Sh Fixed Income

3 Yr Annualized

Standard Deviation 9.17% 9.94% -
Beta 0.76% 0.87% -
Alpha 0.00% 0.01% -
Rsquared 0.94% 0.92% -
Sharpe 0.12% 0.65% -
Sortino 0.34% 0.97% -
Treynor 0.01% 0.07% -
Tax Efficiency 58.29% 77.28% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.69% 9.17% 9.94% -
Beta 0.82% 0.76% 0.87% -
Alpha 0.02% 0.00% 0.01% -
Rsquared 0.89% 0.94% 0.92% -
Sharpe 1.29% 0.12% 0.65% -
Sortino 2.54% 0.34% 0.97% -
Treynor 0.09% 0.01% 0.07% -
Tax Efficiency 83.10% 58.29% 77.28% -

Fund Details

Start Date April 23, 2019
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
EVF101

Investment Objectives

DIVS seeks to provide holders of Units with stable income and long-term capital appreciation by investing primarily in a diversified mix of preferred shares of Canadian issuers, in addition to U.S. and international issuers.

Investment Strategy

The investment strategy of each Evolve Fund is to invest in and hold a portfolio of securities selected by the Manager or the applicable Sub-Advisor in order to achieve its investment objectives. Each Evolve Fund will invest in its own actively managed portfolio comprised of various securities and instruments which may include, but are not limited to, equity and equity related securities, debt securities, futures contracts, senior secured loans and exchange traded funds.

Portfolio Management

Portfolio Manager

Evolve Funds Group Inc.

Sub-Advisor

Addenda Capital Inc.

Management and Organization

Fund Manager

Evolve Funds Group Inc.

Custodian

CIBC Mellon Trust Company

Registrar

TSX Trust Company

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 0
SWP Allowed Yes
SWP Min Balance 500
SWP Min Withdrawal 0

Fees

MER 1.75%
Management Fee 1.40%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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