ETF Series

( as at August 02 , 2021 )

Ticker

 

GLC

Nav

 

$0.00

Nav Change

 

-100.00%

Market Price

 

N/A

Style

 

Active

Number Of Holdings

 

N/A

AUM

 

$0.000 M

Target Yield*

 

4.00%

Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

The Fund seeks to provide holders of Shares with long-term capital appreciation by investing primarily in a diversified mix of equity securities of gold mining issuers located domestically or internationally. The Fund will invest in a portfolio comprised primarily of common shares of gold mining issuers included in the S&P/TSX Global Gold Index, the NYSE Arca Gold Miners Index and/or the MVIS Global Junior Gold Miners Index selected by Evolve Funds Group Inc.

Fund Details

CUSIP:

30053V104

Ticker:

GLC

Listing Echange:

Aequitas NEO Exchange

Listing Date:

September 25, 2020

Currency:

Hedged to CAD

Registered Investment Eligibility:

Yes

Style:

Active

Manager:

Evolve Funds Group Inc.

Management Fee:

0.70% (plus applicable sales taxes)

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Who Should Consider
This ETF?

Investors who are:

  • Seeking long-term capital appreciation through exposure to equity securities of gold mining issuers located domestically or internationally
  • Willing to take the risk associated with equity investments
  • Are comfortable with leveraged exposure

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

On September 21, 2020, Evolve Fund Corp. (the “Corporation”) completed a restructuring transaction involving, among other things, the redesignation of the outstanding Class A shares of the Corporation (the “Class A Shares”) as Shares of the ETF, a new class of shares of the Corporation (collectively, the “Restructuring”). The Shares of the ETF are substantially similar to the Class A Shares, except that (i) the investments objectives, strategies and restrictions of the Shares were changed to reflect the Restructuring; (ii) the fees in respect of the Shares were changed to eliminate the performance bonus of the Class A Shares and to change the variable administration fee to a fixed administration fee for the Shares; and (iii) the Shares have purchase and redemption features typical of an exchange traded fund, rather than the more restricted closed-end fund features of the Class A Shares. The historical data of the Shares of the ETF presented below is, in part, historical data of the Class A Shares and is based on the performance of the Corporation prior to the Restructuring. Because of the elimination of the performance bonus and the implementation of the fixed administration fee, as well as the increased liquidity of the Shares following the Restructuring, the historical data of the Shares of the ETF presented below under the headings “Quick Facts”, “Trading Information” and “How Much Does it Cost?” is anticipated to differ for the Shares of the ETF going forward. This ETF is an "alternative mutual fund" as defined in National Instrument 81-102 – Investment Funds (“NI 81-102”). The ETF has the ability to use investment strategies that are not permitted for other types of mutual funds. The specific features that differentiate this ETF from other types of mutual funds include the increased use of leverage through cash borrowing. In accordance with the ETF’s investment restrictions and NI 81-102, the aggregate value of all cash borrowing by the ETF shall not exceed 50% of the ETF’s net asset value. While these strategies will only be used in accordance with the ETF’s investment objectives, strategies and restrictions, during certain market conditions they may accelerate the risk that an investment in shares decreases in value.

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.

Portfolio

Geographic Allocation

As at Jun 16, 2021

Name

Weight


Holdings

As at Jun 16, 2021

Download XLS

Holdings

Performance

As at August. 02 , 2021

Ticker

Nav

1D

1M

3M

6M

YTD

1Y

2Y

3Y

SI**

GLC
--
-9.13%
5.69%
-4.40%
-4.02%
-18.88%
13.81%
--
32.01%

**  Performance since inception of GLC on May 24, 2019

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

On September 21, 2020, Evolve Fund Corp. (the “Corporation”) completed a restructuring transaction involving, among other things, the redesignation of the outstanding Class A shares of the Corporation (the “Class A Shares”) as Shares of the ETF, a new class of shares of the Corporation (collectively, the “Restructuring”). The Shares of the ETF are substantially similar to the Class A Shares, except that (i) the investments objectives, strategies and restrictions of the Shares were changed to reflect the Restructuring; (ii) the fees in respect of the Shares were changed to eliminate the performance bonus of the Class A Shares and to change the variable administration fee to a fixed administration fee for the Shares; and (iii) the Shares have purchase and redemption features typical of an exchange traded fund, rather than the more restricted closed-end fund features of the Class A Shares. The historical data of the Shares of the ETF presented below is, in part, historical data of the Class A Shares and is based on the performance of the Corporation prior to the Restructuring. Because of the elimination of the performance bonus and the implementation of the fixed administration fee, as well as the increased liquidity of the Shares following the Restructuring, the historical data of the Shares of the ETF presented below under the headings “Quick Facts”, “Trading Information” and “How Much Does it Cost?” is anticipated to differ for the Shares of the ETF going forward. This ETF is an "alternative mutual fund" as defined in National Instrument 81-102 – Investment Funds (“NI 81-102”). The ETF has the ability to use investment strategies that are not permitted for other types of mutual funds. The specific features that differentiate this ETF from other types of mutual funds include the increased use of leverage through cash borrowing. In accordance with the ETF’s investment restrictions and NI 81-102, the aggregate value of all cash borrowing by the ETF shall not exceed 50% of the ETF’s net asset value. While these strategies will only be used in accordance with the ETF’s investment objectives, strategies and restrictions, during certain market conditions they may accelerate the risk that an investment in shares decreases in value.

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.

Distributions

Distributions

LAST DISTRIBUTION PER UNIT:

$0.0.0600

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

May 28, 2021

RECORD DATE:

May 31, 2021

PAYMENT DATE:

June 7, 2021

Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
January 28, 2021January 29, 2021February 5, 2021$0.0600Monthly
February 25, 2021February 26, 2021March 5, 2021$0.0600Monthly
March 30, 2021March 31, 2021April 7, 2021$0.0600Monthly
April 29, 2021April 30, 2021May 7, 2021$0.0600Monthly
May 28, 2021May 31, 2021June 7, 2021$0.0600Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
March 31, 2020March 31, 2020April 7, 2020$0.1500Quarterly
June 29, 2020June 30, 2020July 8, 2020$0.1500Quarterly
October 29, 2020October 30, 2020November 6, 2020$0.0600Monthly
November 27, 2020November 30, 2020December 7, 2020$0.0600Monthly
December 30, 2020December 31, 2020January 8, 2021$0.0600Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
September 27, 2019September 30, 2019October 7, 2019$0.1500Quarterly
December 31, 2019December 31, 2019January 10, 2020$0.1500Quarterly

Evolve Distributions Tax Factor Breakdown 2020 - https://evolveetfs.com/wp-content/uploads/2021/05/Evolve-Distributions-Tax-Factor-Breakdown-2020.pdf

Documents