ETF Series

( as at May 11 , 2021 )

Ticker

 

FIVE

Nav

 

$19.93

Nav Change

 

-0.83%

Market Price

 

N/A

Style

 

Index-Based

Number Of Holdings

 

506

AUM

 

$14.311 M

Target Yield*

 

N/A

Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

The Evolve S&P 500 CleanBeta™ Fund seeks to provide long-term capital growth by replicating, net of fees and expenses, the performance of the S&P 500 Index while striving to offset the carbon footprint of the constituent securities in the portfolio.

Fund Details

CUSIP

30050U109

Ticker

FIVE

Listing Exchange

Toronto Stock Exchange (TSX)

Listing Date

May 10, 2021

Currency

Hedged to CAD

Registered Investment Eligibility

Yes

Index

S&P 500 INDEX

Index Provider

S&P Dow Jones Indices LLC

Management Fee

0.20% (plus applicable sales taxes)

Distribution Frequency

Quarterly

CUSIP

30050U117

Ticker

FIVE.B

Listing Exchange

Toronto Stock Exchange (TSX)

Listing Date

May 10, 2021

Currency

Unedged to CAD

Registered Investment Eligibility

Yes

Index

S&P 500 INDEX

Index Provider

S&P Dow Jones Indices LLC

Management Fee

0.20% (plus applicable sales taxes)

Distribution Frequency

Quarterly

CUSIP

30050U125

Ticker

FIVE.U

Listing Exchange

Toronto Stock Exchange (TSX)

Listing Date

May 10, 2021

Currency

USD

Registered Investment Eligibility

Yes

Index

S&P 500 INDEX

Index Provider

S&P Dow Jones Indices LLC

Management Fee

0.20% (plus applicable sales taxes)

Distribution Frequency

Quarterly

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Who Should Consider
This Fund?

Investors who are:

  • willing to take the risk associated with equity investments; and
  • seeking long-term capital growth by replicating the performance of the S&P 500 Index, while striving to offset the carbon footprint of the constituent securities in the portfolio.

* Estimate only. Actual yield changes daily based on market conditions. Target yield is gross of MER

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/TSX 60 Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and TSX, Inc., and the S&P 500 Index (CAD) and the S&P 500 (CAD Hedged) are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”). These indices have been licensed for use by Evolve ETFs. Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Evolve ETFs. TSX® is a registered trademark of the TSX, Inc. and have been licensed for use by SPDJI and Evolve ETFs. Evolve S&P/TSX 60 CleanBeta™ Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or TSX, Inc. and none of such parties make 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/TSX 60 Index.

The Effects Of Carbon Emissions On Our Planet.



CleanBeta™ Strategy

1. As part of the Evolve S&P 500 CleanBeta™ Fund’s socially responsible investing strategy, Trucost a division of S&P Global, will determine the carbon footprint by utilizing the Trucost Data Methodology Guide. The Fund may employ a variety of strategies, including screening or purchasing and retiring carbon credits, as a means to neutralize the full carbon footprint of the Fund. Trucost calculates the carbon footprint of the Constituent Issuers of the applicable Index, at least annually.

2. At least initially, Evolve will strive to directly or indirectly purchase and concurrently retire a corresponding amount of carbon credits through registries or directly from offset generators. Evolve will purchase carbon credits that it believes satisfies the verification standards of widely recognized voluntary offset programs including the Gold Standard, the American Carbon Registry, the Climate Action Reserve, Verified Carbon Standard (Verra), the Plan Vivo System, CSA Group Registries or other such programs.

3. Carbon credits paid for by the Fund will not become assets of the Fund, but will be retired immediately upon purchase. As the Fund will bear the full cost required to retire an amount of carbon credits determined by Evolve to be reasonable or necessary to achieve a carbon neutral portfolio, the performance returns of the Fund will necessarily be reduced by the actual costs incurred by the Fund in purchasing and retiring carbon credits. The size of the carbon footprint of the Constituent Issuers in the portfolio (and therefore the amount of carbon credits determined to be purchased by Evolve), as well as the actual prices available to the Fund in purchasing and retiring carbon credits, are expected to vary depending on the actual level of greenhouse gas emissions produced by Constituent Issuers from time to time in the portfolio.

Carbon offset projects coming soon.

Portfolio

Geographic Allocation

As at May 11, 2021

Name

Weight

Sector Allocation

As at May 11, 2021

Name

Weight


Holdings

As at May 11, 2021

Download XLS

Holdings

Performance

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

* Estimate only. Actual yield changes daily based on market conditions. Target yield is gross of MER

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/TSX 60 Index is a product of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”) and TSX, Inc., and the S&P 500 Index (CAD) and the S&P 500 (CAD Hedged) are products of S&P Dow Jones Indices LLC or its affiliates (“SPDJI”). These indices have been licensed for use by Evolve ETFs. Standard & Poor’s®, S&P® and S&P 500® are registered trademarks of Standard & Poor’s Financial Services LLC (“S&P”); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC (“Dow Jones”); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Evolve ETFs. TSX® is a registered trademark of the TSX, Inc. and have been licensed for use by SPDJI and Evolve ETFs. Evolve S&P/TSX 60 CleanBeta™ Fund is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates, or TSX, Inc. and none of such parties make 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/TSX 60 Index.

Distributions

Distributions

Fund is new. No distributions available.

Documents