HISU

US High Interest Savings Account Fund

TICKER
HISU.U
MUTUAL FUND
FUNDSERV CODE(S):
EVF300 Class A
EVF301 Class F
NAV

As at April 29, 2025

$100.0122 (HISU.U)
$10.0000 (EVF300 Class A)
$10.0000 (EVF301 Class F)
NAV CHANGE

As at April 29, 2025

-0.37 (HISU.U)
0.00 (EVF300 Class A)
0.00 (EVF301 Class F)
MARKET PRICE

HISU.U
STYLE
Cash
Gross Yield

As at April 29, 2025

4.39%
AUM
$765.243 M
CURRENT YIELD (NET)¹

As at April 29, 2025

3.97 (HISU.A)
4.24 (HISU.F)
4.24 (HISU.U)

¹ Current Yield (Net) is an annualized historical yield based on the seven day period ended on the date mentioned above and does not represent an actual one year return.
² Trailing 12-month yield represents the yield an investor would have received if they held the fund over the past twelve months, based on the Net Asset Value (NAV) as at March 31, 2025. It is calculated as the sum of all the regular distribution amounts over the past twelve months, and then divided by the NAV calculated on March 31, 2025.

Who Should Consider this Fund?

Investors:
  • Seeking exposure to U.S. high-interest deposit accounts
  • That are looking for a liquid, short term investment
  • That want to receive regular monthly cash flows (if any)
April 29, 2025

Performance

** Performance since inception of the HISU.U, EVF300, EVF301 on August 30, 2022

Calendar Year Performance

Ticker/Fund20172018201920202021202220232024
HISU-----1.23%5.29%
5.22%
EVF300-----1.04%4.97%4.60%
EVF301-----1.22%5.26%4.87%

Fund Details

CUSIP 91737A106 TICKER HISU.U LISTING EXCHANGE Toronto Stock Exchange
INCEPTION DATE August 30, 2022 CURRENCY USD REGISTERED INVESTMENT ELIGIBILITY Yes
ASSET CLASS Cash MANAGEMENT FEE 0.15 (plus applicable sales taxes) (HISU.U)0.40 (plus applicable sales taxes) (EVF300 Class A)0.15 (plus applicable sales taxes) (EVF301 Class F) DISTRIBUTION FREQUENCY Monthly
FUNDSERV CODE EVF300 Class AEVF301 Class F

Top 10 Holdings

As at Apr 29, 2025

1 2

Geographic Allocation

As at Apr 29, 2025

1 2

Name

Weight

Sector Allocation

As at Apr 29, 2025

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 April 29, 2025 Document created April 30, 2025, 4:15 PM EST

ETF Classes

Mutual Fund Classes

(As at April 29, 2025)

Ticker

 

HISU

See More Details
Nav Net Asset Value per unit, calulated daily.

As at April 29, 2025

$100.0122

See More Details
Nav Change The daily change in the net asset value (NAV) of a fund, reflecting the difference in the fund’s value from one trading day to the next.

As at April 29, 2025

-0.37%

Last Distribution Per Unit The most recent payout amount distributed to investors per unit held. Distributions are subject to change. For a complete list of historical distributions, please see the Distributions tab below.

As at April 29, 2025

$0.38079

Style

 

Cash

See More Details
Gross Yield The annual income generated by a fund or security, expressed as a percentage of its total value, before fees and expenses are deducted.

As at April 29, 2025

4.39%

Fund Total
Net Assets The value of all assets, minus the value of all liabilities, at a particular point in time. Includes all fund classes of this ETF.

 

$765.24 M

CURRENT YIELD (NET)¹ An annualized historical yield based on the seven day period ended on date mentioned above and does not represent an actual one year return.

As at April 29, 2025

4.24%

¹ Current Yield (Net) is an annualized historical yield based on the seven day period ended on the date mentioned above and does not represent an actual one year return.
² Trailing 12-month yield represents the yield an investor would have received if they held the fund over the past twelve months, based on the Net Asset Value (NAV) as at March 31, 2025. It is calculated as the sum of all the regular distribution amounts over the past twelve months, and then divided by the NAV calculated on March 31, 2025.

Other products you may be interested in…

VIEW ALL PRODUCTS
CBOE HISA

High Interest Savings Account Fund

Learn more
TSX BANK

Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund

Learn more
TSX LIFE

Evolve Global Healthcare Enhanced Yield Fund

Learn more

Overview

Portfolio

Performance

Distributions

Documents

Overview

Fund Description

HISU.U seeks to maximize monthly income while preserving capital and liquidity by investing primarily in high interest US dollar deposit accounts.

Fund Details

CUSIP A unique nine-character code identifying financial securities.

91737A106

TICKER

HISU.U

LISTING EXCHANGE

Toronto Stock Exchange

INCEPTION DATE

August 30, 2022

CURRENCY The currency a fund is denominated in or hedged against, such as CAD or USD. It may be "hedged" to protect against currency fluctuations or "unhedged" to expose the fund to currency risk.

USD

REGISTERED INVESTMENT ELIGIBILITY

Yes

ASSET CLASS A category of investments with similar characteristics.

Cash

MANAGEMENT FEE The annual fee payable by the fund and/or any underlying Evolve ETFs to Evolve ETFs and/or its affiliates for acting as trustee and/or manager.

0.15% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

FUNDSERV CODE

EVF300 Class A

INCEPTION DATE

August 30, 2022

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY The currency a fund is denominated in or hedged against, such as CAD or USD. It may be "hedged" to protect against currency fluctuations or "unhedged" to expose the fund to currency risk.

USD

ASSET CLASS A category of investments with similar characteristics.

Cash

MANAGEMENT FEE The annual fee payable by the fund and/or any underlying Evolve ETFs to Evolve ETFs and/or its affiliates for acting as trustee and/or manager.

0.40% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

FUNDSERV CODE

EVF301 Class F

INCEPTION DATE

August 30, 2022

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY The currency a fund is denominated in or hedged against, such as CAD or USD. It may be "hedged" to protect against currency fluctuations or "unhedged" to expose the fund to currency risk.

USD

ASSET CLASS A category of investments with similar characteristics.

Cash

MANAGEMENT FEE The annual fee payable by the fund and/or any underlying Evolve ETFs to Evolve ETFs and/or its affiliates for acting as trustee and/or manager.

0.15% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

?

Who Should Consider
this Fund?

Investors:

  • Seeking exposure to U.S. high-interest deposit accounts
  • That are looking for a liquid, short term investment
  • That want to receive regular monthly cash flows (if any)

Evolve Funds Group Inc. is the investment fund manager and portfolio manager. US High Interest Savings Account Fund ("HISU") is offered by Evolve Funds Group Inc., and distributed through authorized dealers.

The information contained herein is a general description and is not intended to be specific investment advice to any particular investor nor intended to be investment or tax advice. You should not act or rely on the information contained herein without seeking the advice of an appropriate professional advisor.

Designed for retail investors.

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 performance data provided assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETF and mutual fund units are not covered by the Canadian Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated.

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

Certain statements contained herein are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what Evolve Funds Group Inc. and the portfolio manager believe to be reasonable assumptions, neither Evolve Funds Group Inc. nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

Ernst & Young LLP is the auditor of the Canadian Reporting Issuer investment funds managed by Evolve Funds Group Inc. (the “Funds”). Ernst & Young LLP is independent with respect to the Funds in the context of the CPA Code of Professional Conduct of the Chartered Professional Accountants of Ontario. For the year ended December 31, 2024, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $469,500. Fees for other services were $31,924.

Portfolio

Geographic Allocation

As at April 29, 2025

Name

Weight

Sector Allocation

As at April 29, 2025

Name

Weight


Holdings

As at April 29, 2025

Download XLS

Holdings

Performance

As at March 31, 2025

Ticker / Fund

Nav

1D

1M

3M

6M

YTD

1Y

3Y

5Y

SI**

HISU.U
0.04%
0.32%
1.05%
2.20%
1.05%
4.95%
--
--
4.96%

** Performance since inception of the HISU.U, EVF300, EVF301 on August 30, 2022

Calendar Year Performance

Ticker/Fund20172018201920202021202220232024
HISU-----1.23%5.29%
5.22%
EVF300-----1.04%4.97%4.60%
EVF301-----1.22%5.26%4.87%

Evolve Funds Group Inc. is the investment fund manager and portfolio manager. US High Interest Savings Account Fund ("HISU") is offered by Evolve Funds Group Inc., and distributed through authorized dealers.

The information contained herein is a general description and is not intended to be specific investment advice to any particular investor nor intended to be investment or tax advice. You should not act or rely on the information contained herein without seeking the advice of an appropriate professional advisor.

Designed for retail investors.

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 performance data provided assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETF and mutual fund units are not covered by the Canadian Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated.

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

Certain statements contained herein are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what Evolve Funds Group Inc. and the portfolio manager believe to be reasonable assumptions, neither Evolve Funds Group Inc. nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

Ernst & Young LLP is the auditor of the Canadian Reporting Issuer investment funds managed by Evolve Funds Group Inc. (the “Funds”). Ernst & Young LLP is independent with respect to the Funds in the context of the CPA Code of Professional Conduct of the Chartered Professional Accountants of Ontario. For the year ended December 31, 2024, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $469,500. Fees for other services were $31,924.

Distributions

Distributions

LAST DISTRIBUTION PER UNIT:

$0.38079

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

April 29, 2025

RECORD DATE:

April 29, 2025

PAYMENT DATE:

May 7, 2025

Downloads
Ex-Dividend Date*:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/28/2501/28/2502/07/25$0.31435Monthly
02/26/2502/26/2503/07/25$0.33787Monthly
03/27/2503/27/2504/07/25$0.33540Monthly
04/29/2504/29/2505/07/25$0.38079Monthly
05/28/2505/28/2506/06/25-Monthly
06/26/2506/26/2507/08/25-Monthly
07/29/2507/29/2508/08/25-Monthly
08/27/2508/27/2509/08/25-Monthly
09/25/2509/25/2510/08/25-Monthly
10/28/2510/28/2511/07/25-Monthly
11/25/2511/25/2512/05/25-Monthly
12/30/2512/30/2501/08/26-Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/31/2401/31/2402/07/24$0.45379Monthly
02/28/2402/28/2403/07/24$0.40721Monthly
03/27/2403/27/2404/08/24$0.40120Monthly
04/25/2404/25/2405/02/24$0.41502Monthly
05/29/2405/29/2406/07/24$0.48786Monthly
06/27/2406/27/2407/08/24$0.41544Monthly
07/30/2407/30/2408/08/24$0.47144Monthly
08/29/2408/29/2409/09/24$0.43232Monthly
09/26/2409/26/2410/04/24$0.38985Monthly
10/29/2410/29/2411/07/24$0.42729Monthly
11/26/2411/26/2412/06/24$0.34952Monthly
12/30/2412/30/2401/08/25$0.40849Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/31/2301/31/2302/07/23$0.40372Monthly
02/28/2302/28/2303/07/23$0.35734Monthly
03/30/2303/30/2304/10/23$0.41488Monthly
04/27/2304/27/2305/05/23$0.37091Monthly
05/31/2305/31/2306/07/23$0.48662Monthly
06/29/2306/29/2307/10/23$0.41916Monthly
07/27/2307/27/2308/08/23$0.40512Monthly
08/31/2308/31/2309/08/23$0.52491Monthly
09/28/2309/28/2310/10/23$0.42405Monthly
10/31/2310/31/2311/07/23$0.49615Monthly
11/30/2311/30/2312/07/23$0.45049Monthly
12/28/2312/28/2301/08/24$0.41451Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
09/28/2209/28/2210/07/22$0.21686Monthly
10/31/2210/31/2211/07/22$0.30233Monthly
11/30/2211/30/2212/07/22$0.33465Monthly
12/30/2212/30/2201/09/23$0.36109Monthly

* Ex-Dividend Date is subject to change without notice.

Evolve Funds Group Inc. is the investment fund manager and portfolio manager. US High Interest Savings Account Fund ("HISU") is offered by Evolve Funds Group Inc., and distributed through authorized dealers.

The information contained herein is a general description and is not intended to be specific investment advice to any particular investor nor intended to be investment or tax advice. You should not act or rely on the information contained herein without seeking the advice of an appropriate professional advisor.

Designed for retail investors.

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 performance data provided assumes reinvestment of distributions only and does not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETF and mutual fund units are not covered by the Canadian Deposit Insurance Corporation or by any other government deposit insurer. There can be no assurances that the fund will be able to maintain its net asset value per unit at a constant amount or that the full amount of your investment in the fund will be returned to you. Past performance may not be repeated.

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

Certain statements contained herein are forward-looking. Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS. FLS are not guarantees of future performance and are by their nature based on numerous assumptions. Although the FLS contained herein are based upon what Evolve Funds Group Inc. and the portfolio manager believe to be reasonable assumptions, neither Evolve Funds Group Inc. nor the portfolio manager can assure that actual results will be consistent with these FLS. The reader is cautioned to consider the FLS carefully and not to place undue reliance on FLS. Unless required by applicable law, it is not undertaken, and specifically disclaimed that there is any intention or obligation to update or revise FLS, whether as a result of new information, future events or otherwise.

Ernst & Young LLP is the auditor of the Canadian Reporting Issuer investment funds managed by Evolve Funds Group Inc. (the “Funds”). Ernst & Young LLP is independent with respect to the Funds in the context of the CPA Code of Professional Conduct of the Chartered Professional Accountants of Ontario. For the year ended December 31, 2024, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $469,500. Fees for other services were $31,924.

Documents