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Evolve Automobile Innovation Index Fund Hedged Class A

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Sector Equity

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-29-2025) 		$19.00
Change
-$0.19 (-1.00%)

As at April 30, 2025

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$5,000$10,000$15,000$20,000$25,000$30,000$4,000$6,000$8,000$12,000$14,000Period

Legend

Evolve Automobile Innovation Index Fund Hedged Class A

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Fund Returns

Inception Return (April 23, 2019): -2.14%

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 -1.52% -12.85% -9.93% -13.35% -6.06% -15.27% -20.58% -22.44% -4.60% -2.18% - - - -
Benchmark -0.10% -2.00% 4.34% 1.41% 17.85% 13.20% 9.57% 10.07% 14.37% 10.31% 10.21% 9.29% 9.91% 8.27%
Category Average -0.68% -10.75% -3.75% -6.72% 5.63% 13.29% 9.18% 3.60% 9.89% 8.97% 9.94% 9.75% 11.29% 9.81%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%15%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 11.74% -7.91% 3.04% -2.38% 6.26% -5.18% 4.17% -0.21% -0.56% -3.07% -8.71% -1.52%
Benchmark 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10%

Best Monthly Return Since Inception

36.62% (November 2020)

Worst Monthly Return Since Inception

-18.30% (October 2023)

Calendar Return (%)

Created with Highcharts 10.3.3-100%-50%0%50%100%150%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - 104.03% 4.41% -49.38% -7.43% -13.37%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average 16.21% -0.43% 20.39% 1.55% 22.37% 29.99% 15.34% -25.24% 26.53% 20.41%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

104.03% (2020)

Worst Calendar Return (Last 10 years)

-49.38% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 58.89
International Equity 40.02
Cash and Equivalents 1.09

Sector Allocation

Sector Allocation
Name Percent
Consumer Goods 40.49
Technology 32.35
Industrial Goods 16.91
Utilities 2.28
Financial Services 2.20
Other 5.77

Geographic Allocation

Geographic Allocation
Name Percent
North America 59.98
Asia 25.48
Europe 14.54

Top Holdings

Top Holdings
Name Percent
Eos Energy Enterprises Inc Cl A 2.80
Rivian Automotive Inc Cl A 2.69
NIO Inc - ADR Cl A 2.66
Aptiv Holdings Ltd 2.59
Visteon Corp 2.55
Zhejiang Leapmotor Technology Co Ltd Cl H 2.49
Skyworks Solutions Inc 2.48
GS Yuasa Corp 2.46
Microvast Holdings Inc 2.45
STMicroelectronics NV 2.45

Equity Style

Market capitalization is medium. Equity style is growth.

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 Return12141618202224262830323436384042444648-40%-30%-20%-10%0%10%20%30%40%

Evolve Automobile Innovation Index Fund Hedged Class A

Median

Other - Sector Equity

3 Yr Annualized

Standard Deviation 32.68% 35.37% -
Beta 1.64% 1.82% -
Alpha -0.34% -0.25% -
Rsquared 0.46% 0.42% -
Sharpe -0.66% -0.03% -
Sortino -0.80% -0.07% -
Treynor -0.13% -0.01% -
Tax Efficiency - - -
Volatility Volatility rating is 10 on a scale of 1 to 10 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 20.50% 32.68% 35.37% -
Beta 1.22% 1.64% 1.82% -
Alpha -0.25% -0.34% -0.25% -
Rsquared 0.38% 0.46% 0.42% -
Sharpe -0.39% -0.66% -0.03% -
Sortino -0.52% -0.80% -0.07% -
Treynor -0.07% -0.13% -0.01% -
Tax Efficiency - - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A11.4​11.441.5​41.50%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A8.3​8.344.1​44.10%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A14.0​14.039.1​39.10%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A11.6​11.641.1​41.10%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

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
EVF141

Investment Objectives

CARS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Future Cars Index Canadian Dollar Hedged, or any successor thereto. CARS invests primarily in equity securities of companies that are directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles.

Investment Strategy

In order to achieve its investment objective and to obtain direct or indirect exposure to the Constituent Securities of the applicable Index, each Evolve Fund may hold the Constituent Securities of the applicable Index in approximately the same proportion as they are reflected in that Index or may hold securities of one or more exchange traded funds that replicate the performance of the applicable Index, or a subset of such Index.

Portfolio Management

Portfolio Manager

Evolve Funds Group Inc.
Sub-Advisor

-

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) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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