QQQY

Evolve NASDAQ Technology Enhanced Yield Index Fund

TICKER
QQQY
MUTUAL FUND
FUNDSERV CODE(S):
EVF900
EVF901
NAV

As at November 04, 2024

$25.37 (QQQY)
$24.46 (EVF900)
$24.63 (EVF901)
NAV CHANGE

As at November 04, 2024

0.62 (QQQY)
0.61 (EVF900)
0.60 (EVF901)
MARKET PRICE

(As at November 04, 2024 at 5:00pm)

N/A
STYLE
Index-based with active covered call strategy
Number Of Holdings
43
AUM
$63.247 M
INDEX REBALANCING

 

Quarterly (QQQY)
Quarterly (QQQY.A)
Quarterly (QQQY.F)

Who Should Consider this Fund?

Investors:
  • Seeking to invest in the equity securities classified as a “technology company” in the NASDAQ-100 Index;
  • Willing to take the risk associated with equity investments;
  • Seeking capital appreciation by replicating the performance of the Index; and
  • Seeking increased yield from a covered call strategy.

Performance


**  Performance since inception of QQQY on October 3, 2023; EVF901 and EVF900 on October 13, 2023

Fund Details

FUNDSERV CODE EVF901EVF900 INCEPTION DATE October 13, 2023 REGISTERED INVESTMENT ELIGIBILITY Yes
CURRENCY Hedged to CAD INDEX PROVIDER Nasdaq Inc.® INDEX Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index
STYLE Index-based with active covered call strategy INDEX REBALANCING FREQUENCY Quarterly MANAGEMENT FEE 1.50 (plus applicable sales taxes) (EVF901)0.50 (plus applicable sales taxes) (EVF900)
DISTRIBUTION FREQUENCY Monthly

Top 10 Holdings

As at Nov 01, 2024

1 2

Geographic Allocation

As at Nov 01, 2024

1 2

Name

Weight

Sector Allocation

As at Nov 01, 2024

1 2

Name

Weight

Sub-Advisor

Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com. Advisor Logo

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 November 04, 2024 Document created November 05, 2024, 01:37 AM EST

ETF Series

Mutual Fund Series

(As at November 04, 2024)

Ticker

 

QQQY

See More Details
Nav

As at November 04, 2024

$25.37

See More Details
Nav Change

As at November 04, 2024

0.62%

Market Price

(As at November 04, 2024 at 5:00pm)

N/A

Style

 

Index-based with active covered call strategy

See More Details
Number Of Holdings

 

43

See More Details
AUM

 

$63.247 M

INDEX REBALANCING

 

Quarterly

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

QQQY seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the NASDAQ-100 Technology Sector Adjusted Market-Cap Weighted Index, to enhance yield, as well as to mitigate risk and reduce volatility, QQQY will employ a covered call option writing program 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

30053Y306

TICKER

QQQY

LISTING EXCHANGE

Toronto Stock Exchange (TSX)

INCEPTION DATE

October 3, 2023

CURRENCY

Hedged to CAD

REGISTERED INVESTMENT ELIGIBILITY

Yes

STYLE

Index-based with active covered call strategy

INDEX PROVIDER

Nasdaq Inc.®

INDEX RE-BALANCING FREQUENCY

Quarterly

MANAGEMENT FEE

0.50% (plus applicable sales taxes)

DISTRIBUTION FREQUENCY

Monthly

FundSERV Code

EVF901

Inception Date

October 13, 2023

Registered Investment Eligibility

Yes

Currency

Hedged to CAD

Index Provider

Nasdaq Inc.®

Style

Index-based with active covered call strategy

Index Rebalancing Frequency

Quarterly

Management Fee

1.50% (plus applicable sales taxes)

Distribution Frequency

Monthly

FundSERV Code

EVF900

Inception Date

October 13, 2023

Registered Investment Eligibility

Yes

Currency

Hedged to CAD

Index Provider

Nasdaq Inc.®

Index Rebalancing Frequency

Quarterly

Management Fee

0.50% (plus applicable sales taxes)

Distribution Frequency

Monthly

?

Who Should Consider
this Fund?

Investors:

  • Seeking to invest in the equity securities classified as a “technology company” in the NASDAQ-100 Index;
  • Willing to take the risk associated with equity investments;
  • Seeking capital appreciation by replicating the performance of the Index; and
  • Seeking increased yield from a covered call strategy.

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 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 unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The rates of return shown in the table are 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.

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

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, 2023, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $454,400. Fees for other services were $25,250.

Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index are trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Evolve ETFs. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).


Index Provider

Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.
Advisor Logo

Portfolio

Geographic Allocation

As at November 01, 2024

Name

Weight

Sector Allocation

As at November 01, 2024

Name

Weight


Holdings

As at November 01, 2024

Download XLS

Holdings

Performance

As at October 31, 2024

Ticker / Fund

Nav

1D

1M

3M

6M

YTD

1Y

3Y

5Y

SI**

QQQY
-2.72%
0.82%
2.12%
13.48%
22.89%
46.79%
--
--
41.83%
EVF901
-2.73%
0.73%
1.82%
12.91%
21.84%
46.86%
--
--
38.06%
EVF900
-2.72%
0.82%
2.05%
13.47%
22.89%
46.59%
--
--
37.32%

**  Performance since inception of QQQY on October 3, 2023; EVF901 and EVF900 on October 13, 2023

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 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 unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The rates of return shown in the table are 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.

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

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, 2023, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $454,400. Fees for other services were $25,250.

Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index are trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Evolve ETFs. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Distributions

Distributions

NEXT DISTRIBUTION PER UNIT:

$0.32000

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

October 31, 2024

RECORD DATE:

October 31, 2024

PAYMENT DATE:

November 7, 2024

Downloads
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
01/30/2401/31/2402/07/24$0.21000Monthly
02/28/2402/29/2403/07/24$0.21000Monthly
03/27/2403/28/2404/08/24$0.32000Monthly
04/29/2404/30/2405/07/24$0.32000Monthly
05/31/2405/31/2406/07/24$0.32000Monthly
06/28/2406/28/2407/08/24$0.32000Monthly
07/31/2407/31/2408/08/24$0.32000Monthly
08/30/2408/30/2409/09/24$0.32000Monthly
09/27/2409/27/2410/04/24$0.32000Monthly
10/31/2410/31/2411/07/24$0.32000Monthly
Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
10/30/2310/31/2311/7/23$0.21000Monthly
11/29/202311/30/202312/7/2023$0.21000Monthly
12/28/202312/29/20231/8/2024$0.21000Monthly

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 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 unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

The rates of return shown in the table are 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.

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

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, 2023, fees paid or payable to Ernst & Young LLP and its network firms for audit services to the Funds were $454,400. Fees for other services were $25,250.

Nasdaq®, Nasdaq-100®, Nasdaq-100 Index®, Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index are trademarks of Nasdaq, Inc. (which with its affiliates is referred to as the "Corporations") and are licensed for use by Evolve ETFs. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S).

Documents