MUSD

US Premium Cash Management Fund

TICKER
MUSD.U
MUTUAL FUND
FUNDSERV CODE(S):
EVF800 Class A
EVF801 Class F
NAV

As at July 18, 2024

$100.3219 (MUSD.U)
$10.0000 (EVF800 Class A)
$10.0000 (EVF801 Class F)
NAV CHANGE

As at July 18, 2024

0.01 (MUSD.U)
0.00 (EVF800 Class A)
0.00 (EVF801 Class F)
MARKET PRICE

MUSD.U
STYLE
R-1 (High)
WEIGHTED AVERAGE MATURITY (DAYS)
83
AUM
$36.168 M
CURRENT YIELD (NET)*

As at July 18, 2024

5.03 (MUSD.A)
5.31 (MUSD.F)
5.31 (MUSD.U)

*Net of admin fees, fund expenses and applicable sales taxes. 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.

Who Should Consider this Fund?

Investors:
  • Seeking somewhat higher current income than available on funds invested solely in short-term U.S. government securities; and
  • Looking for a liquid, short-term investment.

Performance


**  Performance since inception of MUSD.U on May 26, 2023.

Fund Details

CUSIP 90356D102 TICKER MUSD.U LISTING EXCHANGE Toronto Stock Exchange (TSX)
INCEPTION DATE May 26, 2023 CURRENCY USD REGISTERED INVESTMENT ELIGIBILITY Yes
ASSET CLASS U.S. Money Market STYLE Active MANAGEMENT FEE 0.20 (plus applicable sales taxes) (MUSD.U)0.45 (plus applicable sales taxes) (EVF800 Class A)0.20 (plus applicable sales taxes) (EVF801 Class F)
DISTRIBUTION FREQUENCY Monthly RATING BREAKDOWN*** R-1 (Low): 0.00; R-1 (Mid): 0.00; R-1 (High): 100.00 FUNDSERV CODE EVF800 Class AEVF801 Class F

Top 10 Holdings

As at Jul 18, 2024

1 2

SECURITY TYPE

As at Jul 18, 2024

1 2

Name

Weight

MATURITY BREAKDOWN

As at Jul 18, 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 July 18, 2024 Document created July 19, 2024, 10:16 AM EST

ETF Series

Mutual Fund Series

(As at July 18, 2024)

Ticker

 

MUSD

See More Details
Nav

As at July 18, 2024

N/A

See More Details
Nav Change

As at July 18, 2024

N/A

Market Price

 

N/A

AVERAGE CREDIT RATING

 

R-1 (High)

See More Details
WEIGHTED AVERAGE MATURITY (DAYS)

 

See More Details
AUM

 

N/A

CURRENT YIELD (NET)*

As at July 18, 2024

N/A

*Net of admin fees, fund expenses and applicable sales taxes. 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.

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

MUSD.U seeks to maximize current income, while at the same time preserving capital and maintaining liquidity, by investing primarily in U.S. dollar-denominated high-quality short term debt securities (with a term to maturity of 365 days or less).

Fund Details

CUSIP

90356D102

TICKER

MUSD.U

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

INCEPTION DATE

May 26, 2023

CURRENCY

USD

REGISTERED INVESTMENT ELIGIBILITY

Yes

ASSET CLASS

U.S. Money Market

STYLE

Active

MANAGEMENT FEE

0.20% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

RATING BREAKDOWN***

R-1 (Low): 0.00%; R-1 (Mid): 0.00%; R-1 (High): 100.00%

FUNDSERV CODE

EVF800 Class A

INCEPTION DATE

May 26, 2023

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY

USD

ASSET CLASS

U.S. Money Market

STYLE

Active

MANAGEMENT FEE

0.45% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

RATING BREAKDOWN***

R-1 (Low): 0.00%; R-1 (Mid): 0.00%; R-1 (High): 100.00%

FUNDSERV CODE

EVF801 Class F

INCEPTION DATE

May 26, 2023

REGISTERED INVESTMENT ELIGIBILITY

Yes

CURRENCY

USD

ASSET CLASS

U.S. Money Market

STYLE

Active

MANAGEMENT FEE

0.20% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

RATING BREAKDOWN***

R-1 (Low): 0.00%; R-1 (Mid): 0.00%; R-1 (High): 100.00%

?

Who Should Consider
this Fund?

Investors:

  • Seeking somewhat higher current income than available on funds invested solely in short-term U.S. government securities; and
  • Looking for a liquid, short-term investment.

*Net of admin fees, fund expenses and applicable sales taxes. Current Yield (Net) is 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 30, 2024.

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.

Portfolio

SECURITY TYPE

As at July 18, 2024

Name

Weight

MATURITY BREAKDOWN

As at July 18, 2024

Name

Weight


Holdings

As at July 18, 2024

Download XLS

Holdings

Performance

As at July 18, 2024

Ticker / Fund

Nav

1D

1M

3M

6M

YTD

1Y

3Y

5Y

SI**

MUSD.U
0.02%
0.44%
1.38%
2.78%
3.09%
5.64%
--
--
5.59%

**  Performance since inception of MUSD.U on May 26, 2023.

*Net of admin fees, fund expenses and applicable sales taxes. Current Yield (Net) is 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 30, 2024.

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.

Distributions

Distributions

NEXT DISTRIBUTION PER UNIT:

$0.44413

Annualized distribution yield* (June 26, 2024)

5.31%

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

June 27, 2024

RECORD DATE:

June 27, 2024

PAYMENT DATE:

July 8, 2024

Downloads
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/31/2401/31/2402/07/24$0.50715Monthly
02/28/2402/28/2403/07/24$0.42457Monthly
03/27/2403/27/2404/08/24$0.42980Monthly
04/25/2404/25/2405/02/24$0.44054Monthly
05/29/2405/29/2406/07/24$0.51255Monthly
06/27/2406/27/2407/08/24$0.44413Monthly
07/30/2407/30/2408/08/24-Monthly
08/29/2408/29/2409/09/24-Monthly
09/26/2409/26/2410/04/24-Monthly
10/29/2410/29/2411/07/24-Monthly
11/26/2411/26/2412/06/24-Monthly
TBDTBDTBD--
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
06/29/2306/29/2307/10/23$0.48455Monthly
7/27/237/27/238/8/23$0.40036Monthly
8/31/238/31/239/8/23$0.50975Monthly
9/28/239/28/2310/10/23$0.41050Monthly
10/31/2310/31/2311/7/23$0.48272Monthly
11/30/2311/30/2312/7/23$0.47053Monthly
12/28/2312/28/231/8/24$0.42986Monthly

*Annualized distribution yield. Calculated as the most recent announced dividend amount, annualized and then divided by the Net Asset Value (NAV) on the date specified.

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.

Documents