Investing in Future Cars
The auto industry is poised to undergo the biggest transformation in a lifetime. 2020 has already been heralded as the “Year of the Electric Vehicle.” With the automobile industry racing toward electrification, there is a growing demand and opportunity to invest in this industry.
Evolve Automobile Innovation Index Fund (TSX: CARS) is Canada’s first automobile innovation ETF. CARS invests in companies directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles.
Why Evolve Automobile Innovation Fund?
- Canada’s first automobile innovation ETF
- Diversified approach to investing in the supply chains behind autonomous, connected, electric, and shared vehicles
- ETF Tickers: CARS (hedged); CARS.B (unhedged); CARS.U (USD)
- Mutual Fund versions via FundSERV Codes: EVF140 (Class F); EVF 141 (Class A)
For more information on how to invest in this fund, please contact your financial advisor or join the webinar.
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Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs) and mutual funds (mutual funds). Please read the prospectus before investing. ETFs and mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. 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.