TSX AGG

Evolve Canadian Aggregate Bond Enhanced Yield Fund

AGG provides investors with a Canadian fixed income solution that seeks to deliver attractive monthly income and long-term capital appreciation. To enhance yield, as well as mitigate risk and reduce volatility, AGG will initially employ an active covered call option writing program on 50% of the portfolio.

AGG

Evolve Canadian Aggregate Bond Enhanced Yield Fund

TICKER
AGG
MUTUAL FUND
FUNDSERV CODE(S):
EVF250
EVF251
NAV

as at February 07, 2025

$19.92 (AGG)
$20.01 (EVF251)
$20.04 (EVF250)
NAV CHANGE

as at February 07, 2025

-0.07 (AGG)
-0.07 (EVF251)
-0.07 (EVF250)
MARKET PRICE

(as at February 07, 2025 at 5:00pm)

AGG
STYLE
Actively managed with covered call strategy
Number Of Holdings
2
AUM
$24.929 M
DURATION

 

7.29 years (AGG)
7.29 years (AGG.A)
7.29 years (AGG.F)

*As at January 31, 2025

Who Should Consider this Fund?

Investors:
  • Seeking exposure to fixed income ETFs and securities primarily issued in Canada
  • Willing to take the risk associated with fixed income securities
  • Seeking income and long-term capital appreciation
  • Seeking increased yield from a covered all strategy

Performance

Performance is not available as the fund has not completed one full year of performance.

Fund Details

CUSIP 30054P106 TICKER AGG LISTING EXCHANGE Toronto Stock Exchange (TSX)
INCEPTION DATE September 25, 2024 (AGG)October 9, 2024 (EVF251)October 9, 2024 (EVF250) CURRENCY Unhedged to CAD REGISTERED INVESTMENT ELIGIBILITY Yes
STYLE Actively managed with covered call strategy MANAGEMENT FEE 0.45 (plus applicable sales taxes) (AGG)1.20 (plus applicable sales taxes) (EVF251)0.45 (plus applicable sales taxes) (EVF250) DISTRIBUTION FREQUENCY Monthly
MATURITY (AS AT JANUARY 31, 2025) 10.06 Years FUNDSERV CODE EVF251EVF250

Top 10 Holdings

As at Feb 06, 2025

1 2

Geographic Allocation

As at Feb 06, 2025

1 2

Name

Weight

Sector Allocation

As at Feb 06, 2025

1 2

Name

Weight


Evolve ETFs
Scotia Plaza, 40 King Street West, Suite 3404, Toronto ON M5H 3Y2
416.214.4884 | 1.844.370.4884 | evolveetfs.com
as at February 07, 2025 Document created February 09, 2025, 1:30 PM EST

ETF Series

Mutual Fund Series

(as at February 07, 2025)

Ticker

 

AGG

See More Details
Nav Net Asset Value per unit, calulated daily

as at February 07, 2025

$19.92

See More Details
Nav Change The daily change in the net asset value (NAV) of a fund, reflecting the difference in the fund’s value from one trading day to the next.

as at February 07, 2025

-0.07%

Last Distribution Per Unit The most recent payout amount distributed to investors per unit held. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.

As at December 31, 2024

$0.10000

Style

 

Actively managed with covered call strategy

See More Details
Number Of Holdings

 

2

See More Details
Fund Total
Net Assets The value of all assets, minus the value of all liabilities, at a particular point in time. Includes all fund classes of this ETF.

 

$24.929 M

DURATION A measure of a security's sensitivity to interest rate changes, reflecting the average time to receive its cash flows

 

7.29 years

*As at January 31, 2025

Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

The investment objective of the Evolve Fund to provide Unitholders with attractive monthly income and long-term capital appreciation by investing primarily in fixed income ETFs or fixed income securities primarily issued in Canada. To enhance yield, as well as to mitigate risk and reduce volatility, the Evolve Fund will employ a covered call option writing program at the discretion of the Manager. The level of covered call option writing may vary based on market volatility and other factors.

Fund Details

CUSIP A unique nine-character code identifying financial securities

30054P106

TICKER

AGG

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

INCEPTION DATE

September 25, 2024

CURRENCY The currency a fund is denominated in or hedged against, such as CAD or USD. It may be "hedged" to protect against currency fluctuations or "unhedged" to expose the fund to currency risk.

Unhedged to CAD

REGISTERED INVESTMENT ELIGIBILITY

Yes

STYLE

Actively managed with covered call strategy

MANAGEMENT FEE The annual fee payable by the fund and/or any underlying Evolve ETFs to Evolve ETFs and/or its affiliates for acting as trustee and/or manager.

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

MATURITY (as at January 31, 2025) The date when a security’s principal is repaid, and the investment reaches its full term.

10.06 Years

FUNDSERV CODE

EVF251

INCEPTION DATE

October 9, 2024

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY The currency a fund is denominated in or hedged against, such as CAD or USD. It may be "hedged" to protect against currency fluctuations or "unhedged" to expose the fund to currency risk.

Unhedged to CAD

STYLE

Actively managed with covered call strategy

MANAGEMENT FEE The annual fee payable by the fund and/or any underlying Evolve ETFs to Evolve ETFs and/or its affiliates for acting as trustee and/or manager.

1.20% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

MATURITY (as at January 31, 2025) The date when a security’s principal is repaid, and the investment reaches its full term.

10.06 Years

FUNDSERV CODE

EVF250

INCEPTION DATE

October 9, 2024

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY The currency a fund is denominated in or hedged against, such as CAD or USD. It may be "hedged" to protect against currency fluctuations or "unhedged" to expose the fund to currency risk.

Unhedged to CAD

STYLE

Actively managed with covered call strategy

MANAGEMENT FEE The annual fee payable by the fund and/or any underlying Evolve ETFs to Evolve ETFs and/or its affiliates for acting as trustee and/or manager.

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

MATURITY (as at January 31, 2025) The date when a security’s principal is repaid, and the investment reaches its full term.

10.06 Years

?

Who Should Consider
this Fund?

Investors:

  • Seeking exposure to fixed income ETFs and securities primarily issued in Canada
  • Willing to take the risk associated with fixed income securities
  • Seeking income and long-term capital appreciation
  • Seeking increased yield from a covered all strategy

Commissions, trailing commissions, management fees and expenses all may be associated with exchange traded funds (ETFs) and mutual funds. Please read the prospectus before investing. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

Ernst & Young LLP is the auditor of the Canadian Reporting Issuer investment funds managed by Evolve Funds Group Inc. (the “Funds”). Ernst & Young LLP is independent with respect to the Funds in the context of the CPA Code of Professional Conduct of the Chartered Professional Accountants of Ontario. For the year ended December 31, 2023, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $454,400. Fees for other services were $25,250.

Portfolio

Geographic Allocation

As at February 06, 2025

Name

Weight

Sector Allocation

As at February 06, 2025

Name

Weight


Holdings

As at February 06, 2025

Download XLS

Holdings

Performance

Performance is not available as the fund has not completed one full year of performance.

Commissions, trailing commissions, management fees and expenses all may be associated with exchange traded funds (ETFs) and mutual funds. Please read the prospectus before investing. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

Ernst & Young LLP is the auditor of the Canadian Reporting Issuer investment funds managed by Evolve Funds Group Inc. (the “Funds”). Ernst & Young LLP is independent with respect to the Funds in the context of the CPA Code of Professional Conduct of the Chartered Professional Accountants of Ontario. For the year ended December 31, 2023, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $454,400. Fees for other services were $25,250.

Distributions

Distributions

LAST DISTRIBUTION PER UNIT:

$0.10000

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

January 31, 2025

RECORD DATE:

January 31, 2025

PAYMENT DATE:

February 7, 2025

Downloads
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/31/2501/31/2502/07/25$0.10000Monthly
02/28/2502/28/2503/07/25-Monthly
03/31/2503/31/2504/07/25-Monthly
04/30/2504/30/2505/07/25-Monthly
05/30/2505/30/2506/06/25-Monthly
06/30/2506/30/2507/08/25-Monthly
07/31/2507/31/2508/08/25-Monthly
08/29/2508/29/2509/08/25-Monthly
09/29/2509/29/2510/08/25-Monthly
10/31/2510/31/2511/08/25-Monthly
11/28/2511/28/2512/05/25-Monthly
12/30/2512/30/2501/08/26-Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
10/31/2410/31/2411/07/24$0.10000Monthly
11/29/2411/29/2412/06/24$0.10000Monthly
12/31/2412/31/2401/08/25$0.10000Monthly

Commissions, trailing commissions, management fees and expenses all may be associated with exchange traded funds (ETFs) and mutual funds. Please read the prospectus before investing. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

Ernst & Young LLP is the auditor of the Canadian Reporting Issuer investment funds managed by Evolve Funds Group Inc. (the “Funds”). Ernst & Young LLP is independent with respect to the Funds in the context of the CPA Code of Professional Conduct of the Chartered Professional Accountants of Ontario. For the year ended December 31, 2023, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $454,400. Fees for other services were $25,250.

Documents