EVOLVE ACTIVE GLOBAL FIXED INCM FD HEDGED CAD DOLLAR DENOMINATED UNITSEVOLVE ACTIVE GLOBAL FIXED INCM FD HEDGED CAD DOLLAR DENOMINATED UNITSEVOLVE ACTIVE GLOBAL FIXED INCM FD HEDGED CAD DOLLAR DENOMINATED UNITS

EVOLVE ACTIVE GLOBAL FIXED INCM FD HEDGED CAD DOLLAR DENOMINATED UNITS

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Key stats


Assets under management (AUM)
‪24.77 M‬CAD
Fund flows (1Y)
‪2.64 M‬CAD
Dividend yield (indicated)
3.06%
Discount/Premium to NAV
0.02%

About EVOLVE ACTIVE GLOBAL FIXED INCM FD HEDGED CAD DOLLAR DENOMINATED UNITS


Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Expense ratio
0.94%
Inception date
Nov 14, 2018
Index tracked
No Underlying Index
Management style
Active
The fund actively invests in a portfolio of debt securities of global corporate issuers to seek positive returns throughout the interest rate and economic cycles. This ETF also aims to exceed long-term returns in excess of the 3 month U.S. dollar London Interbank Offered Rate. The investment objective is extremely broad, able to invest in investment grade and up to 75% in high yield securities. The fund also invests in a variety of different credit classes, including some government bonds, money market instruments, ABS and MBS, floating-rate notes, convertible debt securities, and other collateralized bonds. The adviser uses a bottom-up approach to select securities and weights them based on the advisers assessment. The fund may also invest in futures contracts, including bond and global equity indices (equity index futures), for both efficient portfolio management and/or hedging purposes. It may also invest up to 100% in foreign securities.

Classification


Asset Class
Fixed income
Category
Broad market, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Corporate
Stocks0.83%
Miscellaneous0.83%
Bonds, Cash & Other99.17%
Corporate79.98%
Government7.04%
Securitized5.66%
Cash5.46%
Municipal0.65%
Miscellaneous0.38%
Summarizing what the indicators are suggesting.
Oscillators
Neutral
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Oscillators
Neutral
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Summary
Neutral
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Summary
Neutral
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Summary
Neutral
SellBuy
Strong sellStrong buy
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Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.