ETSX

Evolve S&P/TSX 60 Enhanced Yield Fund

As at February 07, 2023

TICKER
MUTUAL FUND
FUNDSERV CODE(S):
EVF600 Class F
EVF601 Class A
NAV
$20.60 (ETSX)
$20.61 (ETSX.A)
$20.61 (ETSX.F)
$20.61 (EVF601 Class A)
$20.61 (EVF600 Class F)
NAV CHANGE
-0.45 (ETSX)
-0.46 (ETSX.A)
-0.45 (ETSX.F)
-0.46 (EVF601 Class A)
-0.45 (EVF600 Class F)
MARKET PRICE

(As at February 07, 2023 at 5:00pm)

N/A
STYLE
Index-based with covered call strategy
NUMBER OF HOLDINGS
61
AUM
$5.494 M
TARGET YIELD*
9.5

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

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 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 Feb 06, 2023

1 2

Geographic Allocation

As at Feb 06, 2023

1 2

Name

Weight

Sector Allocation

As at Feb 06, 2023

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, 2023 Document created February 08, 2023, 04:37 AM EST

ETF Series

Mutual Fund Series

(As at February 07, 2023)

Ticker

 

ETSX

See More Details
Nav

 

$20.60

See More Details
Nav Change

 

-0.45%

Market Price

(As at February 07, 2023 at 5:00pm)

N/A

Style

 

Index-based with covered call strategy

See More Details
Number Of Holdings

 

61

See More Details
AUM

 

$5.494 M

Target Yield*

 

9.5%

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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

ETSX

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

INCEPTION DATE

January 9, 2023

CURRENCY

Unhedged to CAD

REGISTERED INVESTMENT ELIGIBILITY

Yes

STYLE

Index-Based with 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 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 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

* Actual yield changes daily based on market conditions. Yield is gross of MER, effective January 3, 2023.

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.

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 February 06, 2023

Name

Weight

Sector Allocation

As at February 06, 2023

Name

Weight


Holdings

As at February 06, 2023

Download XLS

Holdings

Performance

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

* Actual yield changes daily based on market conditions. Yield is gross of MER, effective January 3, 2023.

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.

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 January 27, 2023)

ESTX; 9.23%

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

January 30, 2023

RECORD DATE:

January 31, 2023

PAYMENT DATE:

February 7, 2023

Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/30/2301/31/2302/07/23$0.16000Monthly

Evolve 2023 Tentative Distribution Schedule - https://evolveetfs.com/2023/TentativeDistributionSchedule/

Documents