LEAD

Evolve Future Leadership Fund

TICKER
LEAD
LEAD.B
LEAD.U
NAV

As at May 28, 2024

$19.59 (LEAD)
$20.38 (LEAD.B)
$19.69 (LEAD.U)
NAV CHANGE

As at May 28, 2024

-0.03 (LEAD)
-0.23 (LEAD.B)
0.01 (LEAD.U)
MARKET PRICE

(As at May 28, 2024 at 5:00pm)

LEAD LEAD.B LEAD.U
STYLE
Actively managed with covered call strategy
NUMBER OF HOLDINGS
38
AUM
$20.650 M
ANNUALIZED DISTRIBUTION YIELD*

As at May 28, 2024

6.43 (LEAD)
6.18 (LEAD.B)
6.40 (LEAD.U)

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

Who Should Consider this ETF?

Investors:
  • Seeking long-term capital appreciation through exposure to equity securities of domestic and international companies that are leaders in sectors that stand to benefit from medium and long term economic trends
  • Willing to take the risk associated with equity investments; and
  • Seeking increased yield from a covered call strategy

Performance

** Performance since inception of LEAD, LEAD.B and LEAD.U on September 9, 2020.

Calendar Year Performance

Ticker/Fund2017201820192020202120222023
LEAD---8.13%14.18%-34.13%33.79%
LEAD.B---5.63%13.54%-29.82%32.19%
LEAD.U---5.96%13.18%-34.43%35.07%

Fund Details

CUSIP 300543105 (LEAD)300543204 (LEAD.B)300543303 (LEAD.U) TICKER LEADLEAD.BLEAD.U LISTING EXCHANGE Toronto Stock Exchange (TSX)
INCEPTION DATE September 9, 2020 CURRENCY Hedged to CAD (LEAD)Unhedged to CAD (LEAD.B)USD (LEAD.U) REGISTERED INVESTMENT ELIGIBILITY Yes
STYLE Actively managed with covered call strategy MANAGEMENT FEE 0.75 (plus applicable sales taxes) DISTRIBUTION FREQUENCY Monthly

Top 10 Holdings

As at May 27, 2024

1 2

Geographic Allocation

As at May 27, 2024

1 2

Name

Weight

Sector Allocation

As at May 27, 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 May 28, 2024 Document created May 29, 2024, 05:16 AM EST

ETF Series

(As at May 28, 2024)

Ticker

 

LEAD

See More Details
Nav

As at May 28, 2024

$19.59

See More Details
Nav Change

As at May 28, 2024

-0.03%

Market Price

(As at May 28, 2024 at 5:00pm)

N/A

Style

 

Actively managed with covered call strategy

See More Details
Number Of Holdings

 

38

See More Details
AUM

 

$20.650 M

Annualized Distribution Yield*

As at May 28, 2024

6.43%

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

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

LEAD seeks to provide holders of Units with long-term capital appreciation by investing primarily in a diversified mix of equity securities of companies located domestically or internationally that the Manager has determined are leaders in sectors that stand to benefit from medium and long term economic trends. The Manager will use a selection process that combines quantitative techniques, fundamental analysis and risk management. The Manager will also write covered call options on up to 33% of the portfolio securities, at its discretion. The level of covered call option writing may vary based on market volatility and other factors.

Fund Details

CUSIP

300543105

Ticker

LEAD

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

September 9, 2020

Currency

Hedged to CAD

Registered Investment Eligibility

Yes

Style

Actively managed with covered call strategy

Management Fee

0.75% (plus applicable sales taxes)

Distribution Frequency

Monthly

CUSIP

300543204

Ticker

LEAD.B

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

September 9, 2020

Currency

Unhedged to CAD

Registered Investment Eligibility

Yes

Style

Actively managed with covered call strategy

Management Fee

0.75% (plus applicable sales taxes)

Distribution Frequency

Monthly

CUSIP

300543303

Ticker

LEAD.U

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

September 9, 2020

Currency

USD

Registered Investment Eligibility

Yes

Style

Actively managed with covered call strategy

Management Fee

0.75% (plus applicable sales taxes)

Distribution Frequency

Monthly

?

Who Should Consider
this ETF?

Investors:

  • Seeking long-term capital appreciation through exposure to equity securities of domestic and international companies that are leaders in sectors that stand to benefit from medium and long term economic trends
  • Willing to take the risk associated with equity investments; and
  • Seeking increased yield from a covered call strategy

The rate of return shown is 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.

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

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, management fees and expenses all may be associated with exchange traded mutual funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Investors may incur customary brokerage commissions in buying or selling ETF units.

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

Portfolio

Geographic Allocation

As at May 27, 2024

Name

Weight

Sector Allocation

As at May 27, 2024

Name

Weight


Holdings

As at May 27, 2024

Download XLS

Holdings

Performance

As at May 28, 2024

Ticker / Fund

Nav

1D

1M

3M

6M

YTD

1Y

3Y

5Y

SI**

LEAD
-0.03%
4.48%
4.88%
21.50%
15.68%
37.18%
3.21%
--
6.61%
LEAD.B
-0.23%
4.50%
5.40%
21.28%
17.61%
37.03%
6.86%
--
7.74%
LEAD.U
0.01%
4.74%
4.57%
21.07%
14.26%
36.76%
2.59%
--
6.48%

** Performance since inception of LEAD, LEAD.B and LEAD.U on September 9, 2020.

 

Calendar Year Performance

Ticker/Fund2017201820192020202120222023
LEAD---8.13%14.18%-34.13%33.79%
LEAD.B---5.63%13.54%-29.82%32.19%
LEAD.U---5.96%13.18%-34.43%35.07%

The rate of return shown is 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.

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

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, management fees and expenses all may be associated with exchange traded mutual funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Investors may incur customary brokerage commissions in buying or selling ETF units.

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:

$0.10500

ANNUALIZED YIELD* (as at April 28, 2024)

LEAD 6.68%; LEAD.B 6.43%; LEAD.U 6.67%

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

April 29, 2024

RECORD DATE:

April 30, 2024

PAYMENT DATE:

May 7, 2024

Downloads
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/30/2401/31/2402/07/24$0.10500Monthly
02/28/2402/29/2403/07/24$0.10500Monthly
03/27/2403/28/2404/08/24$0.10500Monthly
04/29/2404/30/2405/07/24$0.10500Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/30/2301/31/2302/07/23$0.10500Monthly
02/27/2302/28/2303/07/23$0.10500Monthly
03/30/2303/31/2304/10/23$0.10500Monthly
04/27/2304/28/2305/05/23$0.10500Monthly
05/30/2305/31/2306/07/23$0.10500Monthly
06/29/2306/30/2307/10/23$0.10500Monthly
07/28/2307/31/2308/08/23$0.10500Monthly
08/30/2308/31/2309/08/23$0.10500Monthly
09/28/2309/29/2310/10/23$0.10500Monthly
10/30/2310/31/2311/07/23$0.10500Monthly
11/29/2311/30/2312/07/23$0.10500Monthly
12/28/2312/29/2301/08/24$0.10500Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/31/2201/31/2202/07/22$0.10500Monthly
02/25/2202/28/2203/07/22$0.10500Monthly
03/30/2203/31/2204/07/22$0.10500Monthly
04/28/2204/29/2205/06/22$0.10500Monthly
05/30/2205/31/2206/07/22$0.10500Monthly
06/29/2206/30/2207/08/22$0.10500Monthly
07/28/2207/29/2208/08/22$0.10500Monthly
08/30/2208/31/2209/08/22$0.10500Monthly
09/28/2209/29/2210/07/22$0.10500Monthly
10/28/2210/31/2211/07/22$0.10500Monthly
11/29/2211/30/2212/07/22$0.10500Monthly
12/29/2212/30/2201/09/23$0.10500Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/28/2101/29/2102/05/21$0.1050Monthly
02/25/2102/26/2103/05/21$0.1050Monthly
03/30/2103/31/2104/07/21$0.1050Monthly
04/29/2104/20/2105/07/21$0.1050Monthly
05/28/2105/31/2106/07/21$0.1050Monthly
06/29/2106/30/2107/08/21$0.1050Monthly
07/29/2107/30/2108/09/21$0.1050Monthly
08/30/2108/31/2109/08/21$0.1050Monthly
09/29/2109/30/2110/07/21$0.1050Monthly
10/28/2110/29/2111/05/21$0.1050Monthly
11/29/2111/30/2112/07/21$0.1050Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
October 29,2020October 30, 2020November 6, 2020$0.1050Monthly
November 27, 2020November 30, 2020December 7, 2020$0.1050Monthly
December 30, 2020December 31, 2020January 8, 2021$0.1050Monthly

The rate of return shown is 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.

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

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, management fees and expenses all may be associated with exchange traded mutual funds (ETFs). Please read the prospectus before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated. There are risks involved with investing in ETFs. Please read the prospectus for a complete description of risks relevant to the ETF. Investors may incur customary brokerage commissions in buying or selling ETF units.

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

Documents