TSX TECE

Evolve Enhanced FANGMA Index ETF

Big tech. With 25% more exposure.*

These six big tech companies have transformed our world, as well as, being a significant driver of growth and returns for our markets. Currently, high share prices may deter investors from adding all of these companies individually to a portfolio. With the Evolve Enhanced FANGMA Index ETF (TECE ETF) investors get 125% exposure* to all six companies – Facebook (Meta Platforms Inc.), Amazon, Netflix, Google, Microsoft and Apple – for a reasonable unit price.

Now trading on the Toronto Stock Exchange.

TECE

Evolve Enhanced FANGMA Index ETF

as at August 12, 2022

TICKER
TECE
TECE.B
TECE.U
NAV
NAV CHANGE
MARKET PRICE

(as at August 12, 2022 at 5:00pm)

TECE TECE.B TECE.U
STYLE
Index-based with 25 leverage
NUMBER OF HOLDINGS
N/A
AUM
$0.000 M
INDEX REBALANCING
Quarterly

Who Should Consider this ETF?

Investors:
  • seeking to invest in the equity securities of Alphabet Inc., Amazon Inc., Apple Inc., Facebook Inc., Netflix Inc. and Microsoft Corp.;
  • willing to take the risk associated with a levered exposure (up to 125%) to FANGMA equities; and
  • seeking capital appreciation through leveraged exposure to equity securities of Alphabet Inc., Amazon Inc., Apple Inc., Meta Platforms Inc., Netflix Inc. and Microsoft Corp.

Performance

Performance is not available as the fund has not completed one full year of performance.

Fund Details

CUSIP 30053E300 (TECE)30053E201 (TECE.B)30053E102 (TECE.U) TICKER TECETECE.BTECE.U LISTING EXCHANGE Toronto Stock Exchange (TSX)
INCEPTION DATE February 28, 2022 REGISTERED INVESTMENT ELIGIBILITY Yes CURRENCY Hedged to CAD (TECE)Unhedged to CAD (TECE.B)Unhedged to USD (TECE.U)
STYLE Index-based with 25 leverage INDEX Solactive FANGMA Equal Weight Index INDEX PROVIDER Solactive AG
MANAGEMENT FEE 0.50 (plus applicable sales taxes)

Top 10 Holdings

As at Aug 11, 2022

1 2

Geographic Allocation

As at Aug 11, 2022

1 2

Name

Weight

Sector Allocation

As at Aug 11, 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 August 13, 2022, 07:45 AM EST

ETF Series

(as at August 12, 2022)

Ticker

 

TECE

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Nav

 

$8.22

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Nav Change

 

-0.92%

Market Price

(as at August 12, 2022 at 5:00pm)

N/A

Style

 

Index-based with 25% leverage

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Number Of Holdings

 

6

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AUM

 

$3.139 M

INDEX REBALANCING

 

Quarterly

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Overview

Portfolio

Performance

Distributions

Documents

Overview

Investment Objective

TECE seeks to replicate, to the extent reasonably possible and before fees and expenses, a 1.25 times multiple of the performance of the Solactive FANGMA Equal Weight Index Canadian Dollar Hedged, or any successor thereto. The Fund invests in equity securities of Alphabet Inc., Amazon Inc., Apple Inc., Meta Platforms Inc. (formerly Facebook Inc.), Netflix Inc. and Microsoft Corp. The Fund will use leverage in order to seek to achieve its investment objective. Leverage will be created through the use of cash borrowings or as otherwise permitted under applicable securities legislation. The maximum aggregate exposure of the Fund to cash borrowing will not generally exceed approximately 25% of the Evolve Fund’s net asset value.

Fund Details

CUSIP

30053E300

Ticker

TECE

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

February 28, 2022

Registered Investment Eligibility

Yes

Currency

Hedged to CAD

Style

Index-based with 25% leverage

Index Provider

Solactive AG

Management Fee

0.50% (plus applicable sales taxes)

CUSIP

30053E201

Ticker

TECE.B

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

February 28, 2022

Registered Investment Eligibility

Yes

Currency

Unhedged to CAD

Style

Index-based with 25% leverage

Index Provider

Solactive AG

Management Fee

0.50% (plus applicable sales taxes)

CUSIP

30053E102

Ticker

TECE.U

Listing Exchange

Toronto Stock Exchange (TSX)

Inception Date

February 28, 2022

Registered Investment Eligibility

Yes

Currency

Unhedged to USD

Style

Index-based with 25% leverage

Index Provider

Solactive AG

Management Fee

0.50% (plus applicable sales taxes)

?

Who Should Consider
this ETF?

Investors:

  • seeking to invest in the equity securities of Alphabet Inc., Amazon Inc., Apple Inc., Facebook Inc., Netflix Inc. and Microsoft Corp.;
  • willing to take the risk associated with a levered exposure (up to 125%) to FANGMA equities; and
  • seeking capital appreciation through leveraged exposure to equity securities of Alphabet Inc., Amazon Inc., Apple Inc., Meta Platforms Inc., Netflix Inc. and Microsoft Corp.

* Leverage increases risk.

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 August 11, 2022

Name

Weight

Sector Allocation

As at August 11, 2022

Name

Weight


Holdings

As at August 11, 2022

Download XLS

Holdings

Performance

As at August 12, 2022

Performance is not available as the fund has not completed one full year of performance.

* Leverage increases risk.

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:

$0.00200

DISTRIBUTION FREQUENCY:

Monthly

EX-DIVIDEND DATE:

July 28, 2022

RECORD DATE:

July 29, 2022

PAYMENT DATE:

August 8, 2022

Ex-Dividend Date:Record Date:Payment Date:Payment Amount:Distribution Frequency:
03/30/2203/31/2204/07/22$0.00200Monthly
04/28/2204/29/2205/06/22$0.00200Monthly
05/30/2205/31/2206/07/22$0.00200Monthly
06/29/2206/30/2207/08/22$0.00200Monthly
07/28/2207/29/2208/08/22$0.00200Monthly

Evolve Distributions Tax Factor Breakdown 2021 - https://evolveetfs.com/PDF/2021/DistributionTaxBreakdown/

Documents