EBNK

Evolve European Banks Enhanced Yield ETF

TICKER
EBNK
EBNK.B
EBNK.U
NAV

as at July 12, 2024

$11.20 (EBNK)
$10.85 (EBNK.B)
$10.00 (EBNK.U)
NAV CHANGE

as at July 12, 2024

0.81 (EBNK)
1.27 (EBNK.B)
1.17 (EBNK.U)
MARKET PRICE

(as at July 12, 2024 at 5:00pm)

EBNK EBNK.B EBNK.U
STYLE
Index-based with active covered call strategy
Number Of Holdings
20
AUM
$7.239 M
ANNUALIZED DISTRIBUTION YIELD*

as at July 12, 2024

15.54 (EBNK)
16.04 (EBNK.B)
17.41 (EBNK.U)

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the current market price

Who Should Consider this ETF?

Investors:
  • Seeking capital appreciation through exposure to equity securities of European banks
  • Willing to take the risk associated with equity investments
  • Seeking increased yield from active covered call strategy

Performance


**  Performance since inception of EBNK, EBNK.B and EBNK.U on January 7, 2022

Calendar Year Performance

Ticker/Fund2017201820192020202120222023
EBNK------5.58%21.92%
EBNK.B------8.20%22.20%
EBNK.U------14.28%24.81%

Fund Details

CUSIP 30053N300 (EBNK)30053N201 (EBNK.B)30053N102 (EBNK.U) TICKER EBNKEBNK.BEBNK.U LISTING EXCHANGE Toronto Stock Exchange (TSX)
INCEPTION DATE January 7, 2022 CURRENCY Hedged to CAD (EBNK)Hedged to CAD (EBNK.B)USD (EBNK.U) REGISTERED INVESTMENT ELIGIBILITY Yes
STYLE Index-based with active covered call strategy INDEX Solactive European Bank Top 20 Equal Weight Index Canadian Dollar Hedged INDEX PROVIDER Solactive AG
INDEX RE-BALANCING FREQUENCY Quarterly MANAGEMENT FEE 0.60 (plus applicable sales taxes) DISTRIBUTION FREQUENCY Monthly

Top 10 Holdings

As at Jul 11, 2024

1 2

Geographic Allocation

As at Jul 11, 2024

1 2

Name

Weight

Sector Allocation

As at Jul 11, 2024

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 July 12, 2024 Document created July 14, 2024, 11:12 PM EST

ETF Series

(as at July 12, 2024)

Ticker

 

EBNK

See More Details
Nav

as at July 12, 2024

$11.20

See More Details
Nav Change

as at July 12, 2024

0.81%

Market Price

(as at July 12, 2024 at 5:00pm)

N/A

Style

 

Index-based with active covered call strategy

See More Details
Number Of Holdings

 

20

See More Details
AUM

 

$7.239 M

Annualized Distribution Yield*

as at July 12, 2024

15.54%

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the current market price

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

EBNK seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive European Bank Top 20 Equal Weight Index Canadian Dollar Hedged, or any successor thereto, while mitigating downside risk. EBNK invests primarily in the equity constituents of the Solactive European Bank Top 20 Equal Weight Index Canadian Dollar Hedged, or any successor thereto, while writing covered call options on up to 33% of the portfolio securities, 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

30053N300

TICKER

EBNK

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

INCEPTION DATE

January 7, 2022

CURRENCY

Hedged to CAD

REGISTERED INVESTMENT ELIGIBILITY

Yes

STYLE

Index-based with active covered call strategy

INDEX PROVIDER

Solactive AG

INDEX RE-BALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.60% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

CUSIP

30053N201

TICKER

EBNK.B

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

INCEPTION DATE

January 7, 2022

CURRENCY

Hedged to CAD

REGISTERED INVESTMENT ELIGIBILITY

Yes

STYLE

Index-based with active covered call strategy

INDEX PROVIDER

Solactive AG

INDEX RE-BALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.60% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

CUSIP

30053N102

TICKER

EBNK.U

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

INCEPTION DATE

January 7, 2022

CURRENCY

USD

REGISTERED INVESTMENT ELIGIBILITY

Yes

STYLE

Index-based with active covered call strategy

INDEX PROVIDER

Solactive AG

INDEX RE-BALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.60% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

?

Who Should Consider
this ETF?

Investors:

  • Seeking capital appreciation through exposure to equity securities of European banks
  • Willing to take the risk associated with equity investments
  • Seeking increased yield from active covered call strategy

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the current market price.

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Please read the prospectus before investing. 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 unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

The rates of return shown in the table are used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the ETF or returns on investment in the ETF.

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

Portfolio

Geographic Allocation

As at July 11, 2024

Name

Weight

Sector Allocation

As at July 11, 2024

Name

Weight


Holdings

As at July 11, 2024

Download XLS

Holdings

Performance

As at July 12, 2024

Ticker / Fund

Nav

1D

1M

3M

6M

YTD

1Y

3Y

5Y

SI**

EBNK
0.81%
2.99%
6.17%
19.65%
19.21%
29.77%
--
--
13.44%
EBNK.B
1.27%
2.89%
7.10%
19.79%
19.73%
31.43%
--
--
12.47%
EBNK.U
1.17%
3.79%
7.43%
17.61%
16.27%
27.49%
--
--
9.09%

**  Performance since inception of EBNK, EBNK.B and EBNK.U on January 7, 2022

Calendar Year Performance

Ticker/Fund2017201820192020202120222023
EBNK------5.58%21.92%
EBNK.B------8.20%22.20%
EBNK.U------14.28%24.81%

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the current market price.

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Please read the prospectus before investing. 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 unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

The rates of return shown in the table are used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the ETF or returns on investment in the ETF.

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

Distributions

Distributions

LAST DISTRIBUTION PER UNIT:

$0.14500

ANNUALIZED YIELD (as at June 27, 2024)

EBNK: 15.80%: EBNK.B: 16.46%; EBNK.U: 17.92%

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

June 28, 2024

RECORD DATE:

June 28, 2024

PAYMENT DATE:

July 8, 2024

Downloads
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/30/2401/31/2402/07/24$0.06000Monthly
02/28/2402/29/2403/07/24$0.06000Monthly
03/27/2403/28/2404/08/24$0.06000Monthly
04/29/2404/30/2405/07/24$0.06000Monthly
05/31/2405/31/2406/07/24$0.14500Monthly
06/28/2406/28/2407/08/24$0.14500Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/30/2301/31/2302/07/23$0.06000Monthly
02/27/2302/28/2303/07/23$0.06000Monthly
03/30/2303/31/2304/10/23$0.06000Monthly
04/27/2304/28/2305/05/23$0.06000Monthly
05/30/2305/31/2306/07/23$0.06000Monthly
06/29/2306/30/2307/10/23$0.06000Monthly
07/28/2307/31/2308/08/23$0.06000Monthly
08/30/2308/31/2309/08/23$0.06000Monthly
09/28/2309/29/2310/10/23$0.06000Monthly
10/30/2310/31/2311/07/23$0.06000Monthly
11/29/2311/30/2312/07/23$0.06000Monthly
12/28/2312/29/2301/08/24$0.06000Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
02/25/2202/28/2203/07/22$0.06000Monthly
03/30/2203/31/2204/07/22$0.06000Monthly
04/28/2204/29/2205/06/22$0.06000Monthly
05/30/2205/31/2206/07/22$0.06000Monthly
06/29/2206/30/2207/08/22$0.06000Monthly
07/28/2207/29/2208/08/22$0.06000Monthly
08/30/2208/31/2208/09/22$0.06000Monthly
09/28/2209/29/2210/07/22$0.06000Monthly
10/28/2210/31/2211/07/22$0.06000Monthly
11/29/2211/29/2212/07/22$0.06000Monthly
12/29/2212/30/2201/09/23$0.06000Monthly

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the current market price.

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Please read the prospectus before investing. 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 unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

The rates of return shown in the table are used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the ETF or returns on investment in the ETF.

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

Documents