LIFE

Evolve Global Healthcare Enhanced Yield Fund

as at November 30, 2022

TICKER
LIFE
LIFE.B
LIFE.U
MUTUAL FUND
FUNDSERV CODE(S):
EVF170 Class F
EVF171 Class A
NAV
$22.32 (LIFE)
$19.88 (LIFE.A)
$25.01 (LIFE.B)
$20.71 (LIFE.F)
$21.57 (LIFE.U)
$19.88 (EVF171 Class A)
$20.71 (EVF170 Class F)
NAV CHANGE
1.69 (LIFE)
1.54 (LIFE.A)
0.99 (LIFE.B)
1.55 (LIFE.F)
1.99 (LIFE.U)
1.54 (EVF171 Class A)
1.55 (EVF170 Class F)
MARKET PRICE

(as at November 30, 2022 at 5:00pm)

LIFE
LIFE.B
LIFE.U
STYLE
Index-Based with active covered call strategy
NUMBER OF HOLDINGS
20
AUM
$247.607 M
TARGET YIELD*
7.00

Who Should Consider this Fund?

Investors who are:
  • Seeking capital appreciation through having exposure to global healthcare
  • Willing to take the risk associated with equity investments
  • Seeking increased yield from covered call strategy

Performance

** Performance since inception of LIFE and LIFE.B on October 24, 2017; LIFE.U on November 27, 2019.

Calendar Year Performance

Ticker/Fund20172018201920202021
LIFE-1.57%2.07%20.38%7.52%19.44%
LIFE.B-3.21%15.84%14.56%8.80%17.22%
LIFE.U--1.05%9.20%16.85%

Fund Details

CUSIP 30051T101 (LIFE)30051T200 (LIFE.B)30051T309 (LIFE.U) TICKER LIFELIFE.BLIFE.U LISTING EXCHANGE Toronto Stock Exchange (TSX)
ASSET CLASS Global Healthcare INCEPTION DATE October 23, 2017 (LIFE)October 23, 2017 (LIFE.B)November 27, 2019 (LIFE.U)July 7, 2020 (EVF171 Class A)July 7, 2020 (EVF170 Class F) CURRENCY CAD (LIFE)CAD (LIFE.B)USD (LIFE.U)Hedged to CAD (EVF171 Class A)Hedged to CAD (EVF170 Class F)
STYLE Index-Based with active covered call strategy DISTRIBUTION FREQUENCY Monthly MANAGEMENT FEE 0.45 (plus applicable sales taxes) (LIFE)0.45 (plus applicable sales taxes) (LIFE.B)0.45 (plus applicable sales taxes) (LIFE.U)1.45 (plus applicable sales taxes) (EVF171 Class A)0.45 (plus applicable sales taxes) (EVF170 Class F)
REGISTERED ACCOUNT ELIGIBILITY Yes INDEX Solactive Global Healthcare 20 Index Canadian Dollar Hedged (LIFE)Solactive Global Healthcare 20 Index Canadian Dollar Hedged (LIFE.B)Solactive Global Healthcare 20 Index (LIFE.U)Solactive Global Healthcare 20 Index Canadian Dollar Hedged (EVF171 Class A)Solactive Global Healthcare 20 Index Canadian Dollar Hedged (EVF170 Class F) INDEX PROVIDER Solactive AG
INDEX TICKER SOLHEALH (LIFE) (LIFE)SOLHEALH (LIFE.B) (LIFE.B)SOLHEALH (LIFE.U) (LIFE.U) WEIGHTING Equal Weighted REBALANCING SCHEDULE Quarterly
FUNDSERV CODE EVF171 Class AEVF170 Class F REGISTERED INVESTMENT ELIGIBILITY Yes INDEX REBALANCING FREQUENCY Quarterly

Top 10 Holdings

As at Nov 30, 2022

1 2

Geographic Allocation

As at Nov 30, 2022

1 2

Name

Weight

Sector Allocation

As at Nov 30, 2022

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
Document created December 01, 2022, 06:54 PM EST

ETF Series

Mutual Fund Series

(as at November 30, 2022)

Ticker

 

LIFE

See More Details
Nav

 

$22.32

See More Details
Nav Change

 

1.69%

Market Price

(as at November 30, 2022 at 5:00pm)

N/A

Style

 

Index-Based with active covered call strategy

See More Details
Number Of Holdings

 

20

See More Details
AUM

 

$247.607 M

Target Yield*

 

7.00%

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

LIFE seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Global Healthcare 20 Index Canadian Dollar Hedged, while mitigating downside risk. LIFE invests primarily in the equity constituents of the Solactive Global Healthcare 20 Index Canadian Dollar Hedged, while writing covered call options on up to 33% of the portfolio securities, 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

30051T101

TICKER

LIFE

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

ASSET CLASS

Global Healthcare

INCEPTION DATE

October 23, 2017

CURRENCY

CAD

STYLE

Index-Based with active covered call strategy

DISTRIBUTION FREQUENCY

Monthly

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

REGISTERED ACCOUNT ELIGIBILITY

Yes

INDEX PROVIDER

Solactive AG

INDEX TICKER

SOLHEALH (LIFE)

WEIGHTING

Equal Weighted

REBALANCING SCHEDULE

Quarterly

CUSIP

30051T200

TICKER

LIFE.B

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

ASSET CLASS

Global Healthcare

INCEPTION DATE

October 23, 2017

CURRENCY

CAD

STYLE

Index-Based with active covered call strategy

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

REGISTERED ACCOUNT ELIGIBILITY

Yes

INDEX PROVIDER

Solactive AG

INDEX TICKER

SOLHEALH (LIFE.B)

WEIGHTING

Equal Weighted

REBALANCING SCHEDULE

Quarterly

CUSIP

30051T309

TICKER

LIFE.U

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

ASSET CLASS

Global Healthcare

INCEPTION DATE

November 27, 2019

CURRENCY

USD

STYLE

Index-Based with active covered call strategy

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

REGISTERED ACCOUNT ELIGIBILITY

Yes

INDEX

Solactive Global Healthcare 20 Index

INDEX PROVIDER

Solactive AG

INDEX TICKER

SOLHEALH (LIFE.U)

WEIGHTING

Equal Weighted

REBALANCING SCHEDULE

Quarterly

FUNDSERV CODE

EVF171 Class A

INCEPTION DATE

July 7, 2020

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY

Hedged to CAD

INDEX PROVIDER

Solactive AG

INDEX

Solactive Global Healthcare 20 Index Canadian Dollar Hedged

STYLE

Index-Based with active covered call strategy

INDEX REBALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

1.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

FUNDSERV CODE

EVF170 Class F

INCEPTION DATE

July 7, 2020

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY

Hedged to CAD

INDEX PROVIDER

Solactive AG

INDEX

Solactive Global Healthcare 20 Index Canadian Dollar Hedged

STYLE

Index-Based with active covered call strategy

INDEX REBALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

?

Who Should Consider
this Fund?

Investors who are:

  • Seeking capital appreciation through having exposure to global healthcare
  • Willing to take the risk associated with equity investments
  • Seeking increased yield from covered call strategy

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

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 November 30, 2022

Name

Weight

Sector Allocation

As at November 30, 2022

Name

Weight


Holdings

As at November 30, 2022

Download XLS

Holdings

Performance

As at November 30, 2022

Ticker

Nav

1D

1M

3M

6M

YTD

1Y

3Y

5Y

SI**

LIFE
1.69%
5.96%
10.87%
3.18%
1.97%
7.66%
10.34%
10.05%
9.16%
LIFE.B
0.99%
6.51%
14.84%
8.34%
5.16%
10.32%
10.72%
11.56%
11.05%
LIFE.U
1.99%
7.74%
11.81%
1.95%
-1.11%
4.75%
10.27%
--
10.31%

** Performance since inception of LIFE and LIFE.B on October 24, 2017; LIFE.U on November 27, 2019.

 

Calendar Year Performance

Ticker/Fund20172018201920202021
LIFE-1.57%2.07%20.38%7.52%19.44%
LIFE.B-3.21%15.84%14.56%8.80%17.22%
LIFE.U--1.05%9.20%16.85%

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

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:

$0.16000

ANNUALIZED YIELD (as at November 29, 2022)

LIFE 8.69%; LIFE.B 7.75%; LIFE.U 9.01%

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

November 29, 2022

RECORD DATE:

November 30, 2022

PAYMENT DATE:

December 7, 2022

Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/31/2201/31/2202/07/22$0.13500Monthly
02/25/2202/28/2203/07/22$0.13500Monthly
03/30/2203/31/2204/07/22$0.13500Monthly
04/28/2204/29/2205/06/22$0.13500Monthly
05/30/2205/31/2206/07/22$0.13500Monthly
06/29/2206/30/2207/08/22$0.16000Monthly
07/28/2207/29/2208/08/22$0.16000Monthly
08/30/2208/31/2209/08/22$0.16000Monthly
09/28/2209/29/2210/07/22$0.16000Monthly
10/28/2210/31/2211/07/22$0.16000Monthly
11/29/2211/30/2212/07/22$0.16000Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/28/2102/29/2102/05/21$0.1250Monthly
02/25/2102/26/2103/05/21$0.1250Monthly
03/30/2103/31/2104/07/21$0.1250Monthly
04/29/2104/30/2105/07/21$0.1250Monthly
05/28/2105/31/2106/07/21$0.1250Monthly
06/29/2106/30/2107/08/21$0.1250Monthly
07/29/2107/30/2108/09/21$0.1250Monthly
07/30/2107/31/2109/08/21$0.1250Monthly
09/29/2109/30/2110/07/21$0.1250Monthly
10/28/2110/29/2111/05/21$0.1350Monthly
11/29/2111/30/2112/07/21$0.1350Monthly
12/30/2112/31/2101/10/22$0.1350Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
January 30, 2020January 31, 2020February 7, 2020$0.1250Monthly
February 27, 2020February 28, 2020March 6, 2020$0.1250Monthly
March 31, 2020March 31, 2020April 7, 2020$0.1250Monthly
April 29, 2020April 30, 2020May 7, 2020$0.1250Monthly
May 28, 2020May 29, 2020June 5, 2020$0.1250Monthly
June 29, 2020June 30, 2020July 8, 2020$0.1250Monthly
July 30, 2020July 31, 2020August 10, 2020$0.1250Monthly
August 28, 2020August 31, 2020September 8, 2020$0.1250Monthly
September 29, 2020September 30, 2020October 7, 2020$0.1250Monthly
October 29, 2020October 30, 2020November 6, 2020$0.1250Monthly
November 27, 2020November 30, 2020December 7, 2020$0.1250Monthly
December 30, 2020December 31, 2020January 8, 2021$0.1250Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
July 30, 2019July 31, 2019August 7, 2019$0.1150Monthly
June 27, 2019June 28, 2019July 8, 2019$0.1150Monthly
May 30, 2019May 31, 2019June 7, 2019$0.1150Monthly
January 30, 2019January 31, 2019February 7, 2019$0.0725Monthly
February 27, 2019February 28, 2019March 7, 2019$0.1150Monthly
March 28, 2019March 29, 2019April 5, 2019$0.1150Monthly
April 29, 2019April 30, 2019May 7, 2019$0.1150Monthly
August 29, 2019August 30, 2019September 9, 2019$0.1150Monthly
September 27, 2019September 30, 2019October 7, 2019$0.1150Monthly
October 30, 2019October 31, 2019November 7, 2019$0.1150Monthly
November 28, 2019November 29, 2019December 6, 2019$0.1150Monthly
December 30, 2019December 31, 2019January 8, 2020$0.1150Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
December 28, 2018December 31, 2018January 8, 2019$0.0725Monthly
November 22, 2018November 23, 2018November 30, 2018$0.0725Monthly
October 23, 2018October 24, 2018October 31, 2018$0.0725Monthly
September 20, 2018September 21, 2018September 30, 2018$0.0725Monthly
August 23, 2018August 24, 2018August 31, 2018$0.0725Monthly
July 23, 2018July 24, 2018July 31, 2018$0.0725Monthly
June 21, 2018June 22, 2018June 29, 2018$0.0725Monthly
May 23, 2018May 24, 2018May 31, 2018$0.0725Monthly
April 20, 2018April 23, 2018April 30, 2018$0.0725Monthly
March 21, 2018March 22, 2018March 29, 2018$0.0725Monthly
February 20, 2018February 21, 2018February 28, 2018$0.0725Monthly
January 23, 2018January 24, 2018January 31, 2018$0.0725Monthly
Ex-dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
November 23, 2017November 24, 2017November 30, 2017$0.0725Monthly
December 21, 2017December 22, 2017December 29, 2017$0.0725Monthly

Evolve Estimated Annual Distributions 2022 - https://evolveetfs.com/2022/DistributionTaxBreakdown/

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