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Evolve Automobile Innovation Index Fund Hedged Class A
Sector Equity
|
NAVPS (05-13-2026) |
$33.84 |
|---|---|
| Change |
$1.03
(3.13%)
|
As at April 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (April 23, 2019): 6.68%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 23.67% | 18.98% | 7.01% | 23.72% | 79.41% | 29.82% | 8.80% | -2.64% | -8.27% | 5.99% | 6.67% | - | - | - |
| Benchmark | 3.81% | 7.00% | 13.54% | 7.89% | 40.10% | 28.50% | 21.54% | 16.52% | 15.51% | 18.30% | 14.14% | 13.56% | 12.35% | 12.61% |
| Category Average | 11.53% | 6.13% | 1.65% | 6.29% | 31.67% | 17.93% | 19.11% | 14.41% | 8.69% | 13.25% | 11.96% | 12.45% | 11.99% | 13.18% |
| Category Rank | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.86% | 8.35% | 5.65% | 8.17% | 12.81% | 9.25% | -10.83% | -3.01% | 3.99% | -1.26% | -2.56% | 23.67% |
| Benchmark | 5.56% | 2.91% | 1.69% | 4.96% | 5.40% | 0.97% | 3.86% | 1.32% | 0.84% | 7.72% | -4.32% | 3.81% |
Best Monthly Return Since Inception
36.62% (November 2020)
Worst Monthly Return Since Inception
-18.30% (October 2023)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 104.03% | 4.41% | -49.38% | -7.43% | -13.37% | 25.65% |
| Benchmark | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% | 21.65% | 31.68% |
| Category Average | -0.43% | 20.39% | 1.55% | 22.37% | 29.99% | 15.34% | -25.24% | 26.53% | 20.41% | 15.55% |
| Quartile Ranking | - | - | - | - | - | - | - | - | - | - |
| Category Rank | - | - | - | - | - | - | - | - | - | - |
Best Calendar Return (Last 10 years)
104.03% (2020)
Worst Calendar Return (Last 10 years)
-49.38% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 57.57 |
| International Equity | 41.27 |
| Cash and Equivalents | 1.16 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 37.52 |
| Consumer Goods | 27.36 |
| Industrial Goods | 15.72 |
| Energy | 5.14 |
| Cash and Cash Equivalent | 1.16 |
| Other | 13.10 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 58.74 |
| Asia | 15.94 |
| Europe | 15.73 |
| Other | 9.59 |
Top Holdings
| Name | Percent |
|---|---|
| Ceres Power Holdings PLC | 3.18 |
| Bloom Energy Corp Cl A | 2.90 |
| Navitas Semiconductor Corp | 2.85 |
| Intel Corp | 2.51 |
| Advanced Micro Devices Inc | 2.51 |
| Energy Vault Holdings Inc | 2.38 |
| ARM Holdings PLC - ADR | 2.29 |
| STMicroelectronics NV | 2.22 |
| PowerX Inc | 2.21 |
| Wolfspeed Inc | 2.20 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Evolve Automobile Innovation Index Fund Hedged Class A
Median
Other - Sector Equity
3 Yr Annualized
| Standard Deviation | 30.70% | 33.04% | - |
|---|---|---|---|
| Beta | 1.37 | 1.61 | - |
| Alpha | -0.15 | -0.28 | - |
| Rsquared | 0.26% | 0.37% | - |
| Sharpe | 0.31 | -0.18 | - |
| Sortino | 0.50 | -0.26 | - |
| Treynor | 0.07 | -0.04 | - |
| Tax Efficiency | 95.64% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 31.05% | 30.70% | 33.04% | - |
| Beta | 0.67 | 1.37 | 1.61 | - |
| Alpha | 0.41 | -0.15 | -0.28 | - |
| Rsquared | 0.05% | 0.26% | 0.37% | - |
| Sharpe | 1.99 | 0.31 | -0.18 | - |
| Sortino | 5.10 | 0.50 | -0.26 | - |
| Treynor | 0.93 | 0.07 | -0.04 | - |
| Tax Efficiency | 99.25% | 95.64% | - | - |
Fund Details
| Start Date | April 23, 2019 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| EVF141 |
Investment Objectives
CARS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Future Cars Index Canadian Dollar Hedged, or any successor thereto. CARS invests primarily in equity securities of companies that are directly or indirectly involved in developing electric drivetrains, autonomous driving or network connected services for automobiles.
Investment Strategy
In order to achieve its investment objective and to obtain direct or indirect exposure to the Constituent Securities of the applicable Index, each Evolve Fund may hold the Constituent Securities of the applicable Index in approximately the same proportion as they are reflected in that Index or may hold securities of one or more exchange traded funds that replicate the performance of the applicable Index, or a subset of such Index.
Portfolio Management
| Portfolio Manager |
Evolve Funds Group Inc. |
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Evolve Funds Group Inc. |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 0 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 0 |
Fees
| MER | 1.79% |
|---|---|
| Management Fee | 1.40% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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