TSX CARS

Evolve Automobile Innovation Index Fund

Canada’s First Automobile Innovation ETF

Transportation is a key element to the global economy. In the next decade, the auto industry is poised to undergo the biggest transformation in a lifetime. Shift your investments into gear…add CARS to your portfolio.

CARS

Evolve Automobile Innovation Index Fund

as at December 06, 2022

TICKER
CARS
CARS.B
CARS.U
MUTUAL FUND
FUNDSERV CODE(S):
EVF140 Class F
EVF141 Class A
NAV
$27.98 (CARS)
$27.22 (CARS.A)
$31.71 (CARS.B)
$28.23 (CARS.F)
$26.51 (CARS.U)
$27.22 (EVF141 Class A)
$28.23 (EVF140 Class F)
NAV CHANGE
-3.36 (CARS)
-3.37 (CARS.A)
-2.98 (CARS.B)
-3.36 (CARS.F)
-3.38 (CARS.U)
-3.37 (EVF141 Class A)
-3.36 (EVF140 Class F)
MARKET PRICE

CARS
CARS.B
CARS.U
STYLE
Index-Based
NUMBER OF HOLDINGS
50
AUM
$54.352 M
INDEX REBALANCING
Quarterly

Who Should Consider this Fund?

Investors that are:
  • Interested in companies that are directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles
  • Seeking capital appreciation through owning exposure to international equities in developed markets
  • Willing to take the risk associated with equity investments
  • Interested in Socially Responsible Investments (SRI) and Environmental, Social and Governance (ESG) mandates

Performance

** Performance since inception on September 27, 2017

Calendar Year Performance

Ticker/Fund20172018201920202021
CARS3.61%-19.61%51.96%93.28%5.53%
CARS.B4.50%-13.30%44.11%100.58%4.12%
CARS.U-5.20%-13.46%44.29%101.26%3.80%

Fund Details

CUSIP 30052J102 (CARS)30052J201 (CARS.B)30052J300 (CARS.U) TICKER CARSCARS.BCARS.U LISTING EXCHANGE Toronto Stock Exchange (TSX)
INCEPTION DATE September 27, 2017 (CARS)September 27, 2017 (CARS.B)November 1, 2017 (CARS.U)April 23, 2019 (EVF141 Class A)April 23, 2019 (EVF140 Class F) CURRENCY Hedged to CAD (CARS)Unhedged to CAD (CARS.B)USD (CARS.U)Hedged to CAD (EVF141 Class A)Hedged to CAD (EVF140 Class F) RSP ELIGIBILITY Yes
STYLE Index-Based INDEX Solactive Future Cars Index Canadian Dollar Hedged (CARS)Solactive Future Cars Index (CARS.B)Solactive Future Cars Index USD (CARS.U)Solactive Future Cars Index (EVF141 Class A)Solactive Future Cars Index (EVF140 Class F) INDEX PROVIDER Solactive AG
INDEX REBALANCING FREQUENCY Quarterly MANAGEMENT FEE 0.40 (plus applicable sales taxes) (CARS)0.40 (plus applicable sales taxes) (CARS.B)0.40 (plus applicable sales taxes) (CARS.U)1.40 (plus applicable sales taxes) (EVF141 Class A)0.40 (plus applicable sales taxes) (EVF140 Class F) DISTRIBUTION FREQUENCY Monthly
DISTRIBUTION YIELD N/A FUNDSERV CODE EVF141 Class AEVF140 Class F REGISTERED INVESTMENT ELIGIBILITY Yes

Top 10 Holdings

As at Dec 06, 2022

1 2

Geographic Allocation

As at Dec 06, 2022

1 2

Name

Weight

Sector Allocation

As at Dec 06, 2022

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
Document created December 07, 2022, 08:16 AM EST

ETF Series

Mutual Fund Series

(as at December 06, 2022)

Ticker

 

CARS

See More Details
Nav

 

$27.98

See More Details
Nav Change

 

-3.36%

Market Price

 

N/A

Style

 

Index-Based

See More Details
Number Of Holdings

 

50

See More Details
AUM

 

$54.352 M

INDEX REBALANCING

 

Quarterly

See More Details

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

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.

Fund Details

CUSIP

30052J102

TICKER

CARS

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

September 27, 2017

CURRENCY

Hedged to CAD

RSP ELIGIBILITY

Yes

STYLE

Index-Based

INDEX PROVIDER

Solactive AG

INDEX REBALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.40% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

DISTRIBUTION YIELD

N/A

CUSIP

30052J201

TICKER

CARS.B

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

September 27, 2017

CURRENCY

Unhedged to CAD

RSP ELIGIBILITY

Yes

STYLE

Index-Based

INDEX PROVIDER

Solactive AG

INDEX REBALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.40% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

DISTRIBUTION YIELD

N/A

CUSIP

30052J300

TICKER

CARS.U

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

November 1, 2017

CURRENCY

USD

RSP ELIGIBILITY

Yes

STYLE

Index-Based

INDEX PROVIDER

Solactive AG

INDEX REBALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.40% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

DISTRIBUTION YIELD

N/A

FundSERV Code

EVF141 Class A

Inception Date

April 23, 2019

Registered Investment Eligibility

Yes

Currency

Hedged to CAD

Index Provider

Solactive AG

Index

Solactive Future Cars Index

Style

Index-Based

Index Rebalancing Frequency

Quarterly

Management Fee

1.40% (plus applicable sales taxes)

Distribution Frequency

Monthly

FundSERV Code

EVF140 Class F

Inception Date

April 23, 2019

Registered Investment Eligibility

Yes

Currency

Hedged to CAD

Index Provider

Solactive AG

Style

Index-Based

Index

Solactive Future Cars Index

Index Rebalancing Frequency

Quarterly

Management Fee

0.40% (plus applicable sales taxes)

Distribution Frequency

Monthly

?

Who Should Consider
this Fund?

Investors that are:

  • Interested in companies that are directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles
  • Seeking capital appreciation through owning exposure to international equities in developed markets
  • Willing to take the risk associated with equity investments
  • Interested in Socially Responsible Investments (SRI) and Environmental, Social and Governance (ESG) mandates

The indicated rates of return are the historical annual compound total returns net of fees (except for figures of one year or less, which are simple total returns) including changes in per unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return shown in the table are not intended to reflect future values of the ETF and mutual fund or returns on investment in the ETF and mutual fund. ETFs and mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

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. There are risks involved with investing in ETFs and mutual funds. Please read the prospectus for a complete description of risks relevant to the ETF and mutual fund. Investors may incur customary brokerage commissions in buying or selling ETF and mutual fund units. Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

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

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Evolve undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.

Portfolio

Geographic Allocation

As at December 06, 2022

Name

Weight

Sector Allocation

As at December 06, 2022

Name

Weight


Holdings

As at December 06, 2022

Download XLS

Holdings

Performance

As at December 06, 2022

Ticker

Nav

1D

1M

3M

6M

YTD

1Y

3Y

5Y

SI**

CARS
-3.36%
1.13%
-13.62%
-21.38%
-44.16%
-45.88%
6.95%
7.22%
7.25%
CARS.B
-2.99%
3.74%
-9.01%
-14.84%
-40.59%
-42.71%
9.44%
9.27%
9.87%
CARS.U
-3.38%
2.40%
-12.37%
-21.55%
-44.96%
-46.45%
8.37%
7.80%
6.39%

** Performance since inception on September 27, 2017

 

Calendar Year Performance

Ticker/Fund20172018201920202021
CARS3.61%-19.61%51.96%93.28%5.53%
CARS.B4.50%-13.30%44.11%100.58%4.12%
CARS.U-5.20%-13.46%44.29%101.26%3.80%

 

The indicated rates of return are the historical annual compound total returns net of fees (except for figures of one year or less, which are simple total returns) including changes in per unit value and reinvestment of all dividends or distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any security holder that would have reduced returns. The rates of return shown in the table are not intended to reflect future values of the ETF and mutual fund or returns on investment in the ETF and mutual fund. ETFs and mutual funds are not guaranteed, their values change frequently, and past performance may not be repeated.

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. There are risks involved with investing in ETFs and mutual funds. Please read the prospectus for a complete description of risks relevant to the ETF and mutual fund. Investors may incur customary brokerage commissions in buying or selling ETF and mutual fund units. Investors should monitor their holdings, as frequently as daily, to ensure that they remain consistent with their investment strategies.

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

Certain statements contained in this news release constitute forward-looking information within the meaning of Canadian securities laws. Forward-looking information may relate to a future outlook and anticipated distributions, events or results and may include statements regarding future financial performance. In some cases, forward-looking information can be identified by terms such as “may”, “will”, “should”, “expect”, “anticipate”, “believe”, “intend” or other similar expressions concerning matters that are not historical facts. Actual results may vary from such forward-looking information. Evolve undertakes no obligation to update publicly or otherwise revise any forward-looking statement whether as a result of new information, future events or other such factors which affect this information, except as required by law.

Distributions

Distributions

LAST DISTRIBUTION PER UNIT:

$0.02000

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

November 29, 2022

RECORD DATE:

November 30, 2022

PAYMENT DATE:

December 7, 2022

Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/31/2201/31/2202/07/22$0.02000Monthly
02/25/2202/28/2203/07/22$0.02000Monthly
03/30/2203/31/2204/07/22$0.02000Monthly
04/28/2204/29/2205/06/22$0.02000Monthly
05/30/2205/31/2206/07/22$0.02000Monthly
06/29/2206/30/2207/08/22$0.02000Monthly
07/28/2207/29/2208/08/22$0.02000Monthly
08/30/2208/31/2209/08/22$0.02000Monthly
09/28/2209/29/2210/07/22$0.02000Monthly
10/28/2210/31/2211/07/22$0.02000Monthly
11/29/2211/30/2212/07/22$0.02000Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/28/2101/29/2102/05/21$0.0110Monthly
02/25/2102/26/2103/05/21$0.0110Monthly
03/30/2103/31/2104/07/21$0.0200Monthly
04/29/2104/30/2105/07/21$0.0200Monthly
05/28/2105/31/2106/07/21$0.0200Monthly
06/29/2106/30/2107/08/21$0.0200Monthly
07/29/2107/30/2108/09/21$0.0200Monthly
08/30/2108/31/2109/08/21$0.0200Monthly
09/29/2109/30/2110/07/21$0.0200Monthly
10/28/2110/29/2111/05/21$0.0200Monthly
11/29/2111/30/2112/07/21$0.0200Monthly
12/30/2112/31/2101/10/22$0.0200Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
January 30, 2020January 31, 2020February 7, 2020$0.0110Monthly
February 27, 2020February 27, 2020March 6, 2020$0.0110Monthly
March 31, 2020March 31, 2020April 7, 2020$0.0110Monthly
April 29, 2020April 30, 2020May 7, 2020$0.0110Monthly
May 28, 2020May 29, 2020June 5, 2020$0.0110Monthly
June 29, 2020June 30, 2020July 8, 2020$0.0110Monthly
July 30, 2020July 31, 2020August 10, 2020$0.0110Monthly
August 28, 2020August 31, 2020September 8, 2020$0.0110Monthly
September 29, 2020September 30, 2020October 7, 2020$0.0110Monthly
October 29, 2020October 30, 2020November 6, 2020$0.0110Monthly
November 27, 2020November 30, 2020December 7, 2020$0.0110Monthly
December 30, 2020December 31, 2020January 8, 2021$0.0110Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
July 30, 2019July 31, 2019August 7, 2019$0.0110Monthly
June 27, 2019June 28, 2019July 8, 2019$0.0110Monthly
May 30, 2019May 31, 2019June 7, 2019$0.0110Monthly
April 29, 2019April 30, 2019May 7, 2019$0.0110Monthly
March 28, 2019March 29, 2019April 5, 2019$0.0110Monthly
February 27, 2019February 28, 2019March 7, 2019$0.0110Monthly
January 30, 2019January 31, 2019February 7, 2019$0.0110Monthly
August 29, 2019August 30, 2019September 9, 2019$0.0110Monthly
September 27, 2019September 30, 2019October 7, 2019$0.0110Monthly
October 30, 2019October 31, 2019November 7, 2019$0.0110Monthly
November 28, 2019November 29, 2019December 6, 2019$0.0110Monthly
December 30, 2019December 31, 2019January 8, 2020$0.0110Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
December 28, 2018December 31, 2018January 8, 2019$0.1742 (CARS)
$0.1784 (CARS.B)
$0.0110 (CARS.U)
Monthly
November 22, 2018November 23, 2018November 30, 2018$0.0110 Monthly
October 23, 2018October 24, 2018October 31, 2018$0.0110Monthly
September 20, 2018September 21, 2018September 30, 2018$0.0110Monthly
August 23, 2018July 24, 2018August 31, 2018$0.0110Monthly
July 23, 2018July 24, 2018July 31, 2018$0.0110Monthly
June 21, 2018June 22, 2018June 29, 2018$0.0110Monthly
May 23, 2018May 24, 2018May 31, 2018$0.0110Monthly
April 20, 2018April 23, 2018April 30, 2018$0.0110Monthly
March 21, 2018March 22, 2018March 29, 2018$0.0110Monthly
February 20, 2018February 21, 2018February 28, 2018$0.0110Monthly
January 23, 2018January 24, 2018January 31, 2018$0.0110Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
October 24, 2017October 25, 2017October 31, 2017$0.0100Monthly
November 23, 2017November 24, 2017November 30, 2017$0.0110Monthly
December 21, 2017December 22, 2017December 29, 2017$0.0110Monthly

Evolve Estimated Annual Distributions 2022 - https://evolveetfs.com/2022/DistributionTaxBreakdown/

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