ETSX

Evolve S&P/TSX 60 Enhanced Yield Fund

TICKER
MUTUAL FUND
FUNDSERV CODE(S):
EVF600 Class F
EVF601 Class A
NAV

as at July 19, 2024

$19.93 (ETSX)
$19.95 (EVF600 Class F)
$19.60 (EVF601 Class A)
NAV CHANGE

as at July 19, 2024

-0.11 (ETSX)
-0.13 (EVF600 Class F)
-0.14 (EVF601 Class A)
MARKET PRICE

N/A
STYLE
Index-based with active covered call strategy
Number Of Holdings
62
AUM
$58.279 M
ANNUALIZED DISTRIBUTION YIELD*

as at July 19, 2024

9.63 (ETSX)
9.79 (ETSX.A)
9.63 (ETSX.F)

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the Net Asset Value (NAV) on the date specified.

Who Should Consider this Fund?

Investors:
  • Willing to take the risk associated with equity investments; and
  • Seeking long-term capital growth by replicating the performance of the S&P/TSX 60 Index

Performance

**  Performance since inception of ETSX on January 9, 2023.

Fund Details

FUNDSERV CODE EVF601 Class AEVF600 Class F INCEPTION DATE January 9, 2023 REGISTERED INVESTMENT ELIGIBILITY Yes
CURRENCY Unhedged to CAD INDEX PROVIDER S&P Dow Jones Indices LLC INDEX S&P/TSX 60
STYLE Index-based with active covered call strategy INDEX REBALANCING FREQUENCY Quarterly MANAGEMENT FEE 1.45 (plus applicable sales taxes) (EVF601 Class A)0.45 (plus applicable sales taxes) (EVF600 Class F)
DISTRIBUTION FREQUENCY Monthly

Top 10 Holdings

As at Jul 19, 2024

1 2

Geographic Allocation

As at Jul 19, 2024

1 2

Name

Weight

Sector Allocation

As at Jul 19, 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 19, 2024 Document created July 22, 2024, 02:23 PM EST

ETF Series

Mutual Fund Series

(as at July 19, 2024)

Ticker

 

ETSX

See More Details
Nav

as at July 19, 2024

$19.93

See More Details
Nav Change

as at July 19, 2024

-0.11%

Market Price

 

N/A

Style

 

Index-based with active covered call strategy

See More Details
Number Of Holdings

 

62

See More Details
AUM

 

$58.279 M

ANNUALIZED DISTRIBUTION YIELD*

as at July 19, 2024

9.63%

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the Net Asset Value (NAV) on the date specified.

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

ETSX seeks to provide long-term capital growth by replicating, net of fees and expenses, the performance of the S&P/TSX 60 Index, or any successor thereto, while mitigating downside risk. ETSX invests primarily in the equity constituents of the S&P/TSX 60 Index, or any successor thereto, while writing covered call options on up to 33% of the portfolio, 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

30052P108

TICKER

ETSX

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

INCEPTION DATE

January 9, 2023

CURRENCY

Unhedged to CAD

REGISTERED INVESTMENT ELIGIBILITY

Yes

STYLE

Index-based with active covered call strategy

INDEX

S&P/TSX 60

INDEX PROVIDER

S&P Dow Jones Indices LLC

INDEX RE-BALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

FUNDSERV CODE

EVF601 Class A

INCEPTION DATE

January 9, 2023

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY

Unhedged to CAD

INDEX PROVIDER

S&P Dow Jones Indices LLC

INDEX

S&P/TSX 60

STYLE

Index-based with active covered call strategy

INDEX REBALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

1.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

FUNDSERV CODE

EVF600 Class F

INCEPTION DATE

January 9, 2023

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY

Unhedged to CAD

INDEX PROVIDER

S&P Dow Jones Indices LLC

INDEX

S&P/TSX 60

STYLE

Index-based with active covered call strategy

INDEX REBALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

?

Who Should Consider
this Fund?

Investors:

  • Willing to take the risk associated with equity investments; and
  • Seeking long-term capital growth by replicating the performance of the S&P/TSX 60 Index

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the Net Asset Value (NAV) on the date specified.

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. 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 and mutual funds 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 and mutual fund or returns on investment in the ETF and mutual fund.

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

The S&P 500® Index and the S&P/TSX 60 Index are each a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”). These indices have been licensed for use by Evolve Funds Group Inc. (“Evolve”). S&P® and S&P 500® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); TSX® are trademarks of the TSX, Inc. and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Evolve. Evolve S&P/TSX 60 Enhanced Yield Fund and Evolve S&P 500 Enhanced Yield Fund (collectively, the “Evolve Funds”) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or TSX, Inc. and none of such partiesmake any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index or the S&P/TSX 60 Index.

Portfolio

Geographic Allocation

As at July 19, 2024

Name

Weight

Sector Allocation

As at July 19, 2024

Name

Weight


Holdings

As at July 19, 2024

Download XLS

Holdings

Performance

As at July 19, 2024

Ticker / Fund

Nav

1D

1M

3M

6M

YTD

1Y

3Y

5Y

SI**

ETSX
-0.11%
5.55%
3.82%
7.82%
7.83%
10.88%
--
--
9.90%
EVF601
-0.12%
5.46%
3.53%
7.23%
7.17%
9.66%
--
--
8.80%
EVF600
-0.11%
5.56%
3.82%
7.84%
7.85%
10.90%
--
--
9.96%

**  Performance since inception of ETSX on January 9, 2023.

 

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the Net Asset Value (NAV) on the date specified.

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. 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 and mutual funds 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 and mutual fund or returns on investment in the ETF and mutual fund.

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

The S&P 500® Index and the S&P/TSX 60 Index are each a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”). These indices have been licensed for use by Evolve Funds Group Inc. (“Evolve”). S&P® and S&P 500® are trademarks of S&P Global, Inc. or its affiliates (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); TSX® are trademarks of the TSX, Inc. and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Evolve. Evolve S&P/TSX 60 Enhanced Yield Fund and Evolve S&P 500 Enhanced Yield Fund (collectively, the “Evolve Funds”) are not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or TSX, Inc. and none of such partiesmake any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P 500® Index or the S&P/TSX 60 Index.

Distributions

Distributions

LAST DISTRIBUTION PER UNIT:

$0.16000

ANNUALIZED YIELD* (as at June 27, 2024)

9.88%

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$0.16000Monthly
02/28/2402/29/2403/07/24$0.16000Monthly
03/27/2403/28/2404/08/24$0.16000Monthly
04/29/2404/30/2405/07/24$0.16000Monthly
05/31/2405/31/2406/07/24$0.16000Monthly
06/28/2406/28/2407/08/24$0.16000Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/30/2301/31/2302/07/23$0.16000Monthly
02/27/2302/28/2303/07/23$0.16000Monthly
03/30/2303/31/2304/10/23$0.16000Monthly
04/27/2304/28/2305/05/23$0.16000Monthly
05/30/2305/31/2306/07/23$0.16000Monthly
06/29/2306/30/2307/10/23$0.16000Monthly
07/28/2307/31/2308/08/23$0.16000Monthly
08/30/2308/31/2309/08/23$0.16000Monthly
09/28/2309/29/2310/10/23$0.16000Monthly
10/30/2310/31/2311/07/23$0.16000Monthly
11/29/2311/30/2312/07/23$0.16000Monthly
12/28/2312/29/2301/08/24$0.16000Monthly

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

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. 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 and mutual funds 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 and mutual fund or returns on investment in the ETF and mutual fund.

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

Documents