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

Canadian Core Pls Fxd Inc

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023, 2022, 2021

Click for more information on Fundata’s FundGrade

Close
(07-22-2025)
$17.94
Change
$0.00 (0.00%)
Open $17.90
Day Range $17.90 - $17.90
Volume 500

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Closing PriceVolumeJul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$16.00$18.00$20.00$22.00$17.50$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 2025Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-20%-15%-10%-5%0%5%10%1%2%3%4%Period

Legend

Evolve Active Core Fixed Income Fund - Unhedged ETF Units

Compare Options


Fund Returns

Inception Return (March 28, 2018): 2.12%

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 0.27% 0.04% 1.63% 1.63% 6.69% 5.97% 5.11% 0.41% 1.37% 1.97% 2.17% - - -
Benchmark 0.04% -0.65% 1.32% 1.32% 5.82% 4.77% 4.10% 0.07% -0.47% 0.86% 1.77% 1.66% 1.46% 1.83%
Category Average - - - - - - - - - - - - - -
Category Rank 103 / 155 29 / 152 43 / 152 43 / 152 23 / 151 28 / 150 40 / 144 55 / 131 13 / 122 18 / 113 33 / 105 - - -
Quartile Ranking 3 1 2 2 1 1 2 2 1 1 2 - - -

Monthly Return

Created with Highcharts 10.3.3Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25-2%-1%0%1%2%3%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.20% 0.35% 1.83% -0.62% 1.65% -0.49% 1.02% 1.03% -0.46% -0.73% 0.50% 0.27%
Benchmark 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04%

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 1 1
Category Rank - - - - 92/ 110 26/ 122 5/ 130 105/ 142 34/ 149 29/ 151

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 51.53
Canadian Government Bonds 32.36
Foreign Corporate Bonds 11.71
Cash and Equivalents 2.35
Canadian Bonds - Other 1.03
Other 1.02

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 97.55
Cash and Cash Equivalent 2.35
Industrial Services 0.12

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.29
Europe 9.17
Multi-National 0.25
Latin America 0.21
Africa and Middle East 0.09

Top Holdings

Top Holdings
Name Percent
Evolve Active Global Fixed Income Fund ETF (EARN) 13.37
Quebec Province 4.40% 01-Dec-2055 5.10
Royal Office Finance LP 5.21% 12-Nov-2032 4.88
Hospital for Sick Children 5.22% 16-Dec-2049 3.83
Canada Government 3.25% 01-Jun-2035 3.67
Sollio Cooperative Group 6.00% 03-Jul-2030 3.34
Canada Government 3.50% 01-Mar-2034 2.98
Canada Government 2.75% 01-Dec-2055 2.64
55 School Board Trust 5.90% 02-Jun-2033 2.47
Canada Government 2.75% 01-Mar-2030 2.41

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return345678910110%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 6.06% 5.98% -
Beta 0.94% 0.95% -
Alpha 0.01% 0.02% -
Rsquared 0.91% 0.88% -
Sharpe 0.20% -0.16% -
Sortino 0.63% -0.34% -
Treynor 0.01% -0.01% -
Tax Efficiency 70.52% - -
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 3.50% 6.06% 5.98% -
Beta 0.93% 0.94% 0.95% -
Alpha 0.01% 0.01% 0.02% -
Rsquared 0.96% 0.91% 0.88% -
Sharpe 0.91% 0.20% -0.16% -
Sortino 2.13% 0.63% -0.34% -
Treynor 0.03% 0.01% -0.01% -
Tax Efficiency 77.73% 70.52% - -

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 $17.07
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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