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Evolve Active Core Fixed Income Fund - Unhedged ETF Units (FIXD : NEO)

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Canadian Core Pls Fxd Inc

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2021

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Close
(09-19-2025) 		$18.26
Change
$0.00 (0.00%)
Open -
Day Range - - -
Volume 0

As at August 31, 2025

As at August 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 2025Sep 20252019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$16.00$18.00$20.00$22.00$17.75$18.25$18.500500,0001,000,00020,00040,000Period
Created with Highcharts 10.3.3Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 2025Sep 20252019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-20%-15%-10%-5%0%5%10%-3%-2%-1%1%2%Period

Legend

Evolve Active Core Fixed Income Fund - Unhedged ETF Units

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Fund Returns

Inception Return (March 28, 2018): 2.07%

Fund Returns
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 0.44% 0.28% -0.41% 1.64% 4.04% 6.47% 4.52% 0.17% 0.85% 1.79% 2.13% - - -
Benchmark 0.37% -0.34% -1.31% 0.94% 2.68% 5.24% 3.56% -0.26% -0.56% 0.44% 1.72% 1.68% 1.30% 1.74%
Category Average - - - - - - - - - - - - - -
Category Rank 73 / 171 88 / 163 34 / 160 48 / 160 35 / 160 31 / 158 52 / 156 53 / 144 21 / 134 18 / 122 37 / 115 - - -
Quartile Ranking 2 3 1 2 1 1 2 2 1 1 2 - - -

Monthly Return

Created with Highcharts 10.3.3Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25-2%-1%0%1%2%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 1.83% -0.62% 1.65% -0.49% 1.02% 1.03% -0.46% -0.73% 0.50% 0.27% -0.43% 0.44%
Benchmark 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04% -0.74% 0.37%

Best Monthly Return Since Inception

5.26% (April 2020)

Worst Monthly Return Since Inception

-5.04% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - 5.43% 9.40% 0.98% -12.56% 7.40% 5.53%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average - - - - - - - - - -
Quartile Ranking - - - - 4 1 1 3 2 1
Category Rank - - - - 100/ 118 26/ 130 5/ 138 105/ 150 42/ 157 37/ 159

Best Calendar Return (Last 10 years)

9.40% (2020)

Worst Calendar Return (Last 10 years)

-12.56% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 52.81
Canadian Government Bonds 31.07
Foreign Corporate Bonds 11.75
Cash and Equivalents 2.08
Canadian Bonds - Other 1.02
Other 1.27

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 97.80
Cash and Cash Equivalent 2.08
Industrial Services 0.12

Geographic Allocation

Geographic Allocation
Name Percent
North America 89.96
Europe 9.39
Latin America 0.21
Africa and Middle East 0.09
Other 0.35

Top Holdings

Top Holdings
Name Percent
Evolve Active Global Fixed Income Fund ETF (EARN) 13.53
Quebec Province 4.40% 01-Dec-2055 4.96
Royal Office Finance LP 5.21% 12-Nov-2032 4.95
Canada Government 3.25% 01-Jun-2035 4.41
Hospital for Sick Children 5.22% 16-Dec-2049 3.78
Canada Government 2.75% 01-Dec-2055 3.49
Sollio Cooperative Group 6.00% 03-Jul-2030 3.42
Canada Government 3.50% 01-Mar-2034 3.00
55 School Board Trust 5.90% 02-Jun-2033 2.50
Ontario Province 1.35% 02-Dec-2030 2.39

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return3456789100%2%4%6%8%10%12%

Evolve Active Core Fixed Income Fund - Unhedged ETF Units

Median

Other - Canadian Core Pls Fxd Inc

3 Yr Annualized

Standard Deviation 5.46% 5.90% -
Beta 0.92% 0.95% -
Alpha 0.01% 0.01% -
Rsquared 0.90% 0.89% -
Sharpe 0.10% -0.26% -
Sortino 0.50% -0.46% -
Treynor 0.01% -0.02% -
Tax Efficiency 66.78% - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 3.11% 5.46% 5.90% -
Beta 0.91% 0.92% 0.95% -
Alpha 0.02% 0.01% 0.01% -
Rsquared 0.96% 0.90% 0.89% -
Sharpe 0.30% 0.10% -0.26% -
Sortino 0.56% 0.50% -0.46% -
Treynor 0.01% 0.01% -0.02% -
Tax Efficiency 63.86% 66.78% - -

Fund Details

Start Date March 28, 2018
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $18.35
52 Week Low $17.34
Annual Dividend $0.66
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

Foyston, Gordon & Payne Inc. is retained as sub-advisor. Actively managed with the objective to provide a stable rate of return, through income, and capital appreciation. FIXD seeks to invest primarily in domestic and international high quality fixed income securities and to a lesser extent, adding yield or enhancing returns on the portfolio by investing in international fixed income securities, emerging market debt, preferred shares, convertible bonds and non-investment grade bonds.

Investment Strategy

FIXD will invest primarily in core fixed income securities. The portfolio may also include non-core fixed income securities. Generally, at least 65% of the portfolio will be invested in core fixed income securities at any time. The manager will seek to achieve an average quality rating on all debt securities investment grade quality as rated by FTSE TMX, FTSE TMX Canada Universe Bond Index. Any security that is not rated by a rating agency will be assessed by a portfolio manager.

Portfolio Management

Portfolio Manager

Evolve Funds Group Inc.
Sub-Advisor

Addenda Capital Inc.

Management and Organization

Fund Manager

Evolve Funds Group Inc.
Custodian

CIBC Mellon Trust Company
Registrar

TSX Trust Company
Distributor

-

Fees

MER 0.70%
Management Fee 0.45%

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