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Preferred Sh Fixed Income
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|
NAVPS (11-19-2024) |
$18.31 |
|---|---|
| Change |
$0.01
(0.04%)
|
As at October 31, 2024
As at October 31, 2024
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Inception Return (April 23, 2019): 3.15%
| 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 | -0.81% | 2.29% | 8.80% | 15.98% | 26.72% | 9.13% | 0.43% | 7.33% | 4.57% | - | - | - | - | - |
| Benchmark | -1.38% | 1.77% | 7.10% | 18.83% | 31.15% | 10.84% | 0.96% | 7.30% | 6.26% | 3.80% | 3.28% | 4.80% | 4.82% | 2.60% |
| Category Average | -0.62% | 2.20% | 6.80% | 16.81% | 28.12% | 10.81% | 1.01% | 7.70% | 6.24% | 3.91% | 3.23% | 4.63% | 4.86% | 3.09% |
| Category Rank | 36 / 67 | 23 / 65 | 5 / 65 | 59 / 65 | 56 / 65 | 62 / 64 | 54 / 63 | 50 / 63 | 48 / 58 | - | - | - | - | - |
| Quartile Ranking | 3 | 2 | 1 | 4 | 4 | 4 | 4 | 4 | 4 | - | - | - | - | - |
| Return % | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 7.05% | 2.07% | 3.80% | 0.14% | 2.37% | 0.19% | 3.08% | 0.11% | 3.07% | 2.02% | 1.10% | -0.81% |
| Benchmark | 9.47% | 0.82% | 5.81% | 0.13% | 3.47% | 1.22% | 2.94% | -0.02% | 2.25% | 2.71% | 0.48% | -1.38% |
11.19% (April 2020)
-23.37% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -2.18% | 18.97% | -16.12% | 4.83% |
| Benchmark | 6.82% | -14.95% | 6.98% | 13.62% | -7.93% | 3.48% | 6.16% | 19.35% | -18.08% | 5.90% |
| Category Average | 7.19% | -11.52% | 8.78% | 12.66% | -8.25% | 4.17% | 5.25% | 19.63% | -16.73% | 6.27% |
| Quartile Ranking | - | - | - | - | - | - | 4 | 3 | 2 | 3 |
| Category Rank | - | - | - | - | - | - | 58/ 58 | 47/ 63 | 29/ 63 | 41/ 64 |
18.97% (2021)
-16.12% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 58.27 |
| Canadian Corporate Bonds | 37.08 |
| Cash and Equivalents | 2.86 |
| International Equity | 1.79 |
| Name | Percent |
|---|---|
| Fixed Income | 37.08 |
| Financial Services | 32.41 |
| Energy | 20.28 |
| Utilities | 6.86 |
| Cash and Cash Equivalent | 2.86 |
| Other | 0.51 |
| Name | Percent |
|---|---|
| North America | 98.21 |
| Latin America | 1.79 |
| Name | Percent |
|---|---|
| Royal Bank of Canada 4.20% PERP | 5.68 |
| Toronto-Dominion Bank 5.75% PERP | 5.17 |
| Bank of Montreal 7.37% 31-Dec-2049 | 4.91 |
| Enbridge Inc - Pfd Sr 19 | 3.66 |
| Power Corp of Canada - Pfd Sr G | 3.41 |
| Manulife Financial Corp 7.12% 19-Jun-2027 | 3.27 |
| Canadian Imperial Bank Commerce - Pfd Cl A Sr 47 | 3.18 |
| Pembina Pipeline Corp - Pfd Cl A Sr 15 | 3.04 |
| Toronto-Dominion Bank 7.23% PERP | 2.91 |
| Cash and Cash Equivalents | 2.86 |
Evolve Active Canadian Preferred Share Fund Unhedged Class A
Median
Other - Preferred Sh Fixed Income
| Standard Deviation | 9.97% | 15.69% | - |
|---|---|---|---|
| Beta | 0.79% | 0.99% | - |
| Alpha | 0.00% | -0.01% | - |
| Rsquared | 0.94% | 0.95% | - |
| Sharpe | -0.25% | 0.22% | - |
| Sortino | -0.29% | 0.22% | - |
| Treynor | -0.03% | 0.04% | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.40% | 9.97% | 15.69% | - |
| Beta | 0.69% | 0.79% | 0.99% | - |
| Alpha | 0.05% | 0.00% | -0.01% | - |
| Rsquared | 0.90% | 0.94% | 0.95% | - |
| Sharpe | 2.64% | -0.25% | 0.22% | - |
| Sortino | 19.59% | -0.29% | 0.22% | - |
| Treynor | 0.28% | -0.03% | 0.04% | - |
| Tax Efficiency | 91.71% | - | - | - |
| 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) | - |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| EVF101 |
DIVS seeks to provide holders of Units with stable income and long-term capital appreciation by investing primarily in a diversified mix of preferred shares of Canadian issuers, in addition to U.S. and international issuers.
The investment strategy of each Evolve Fund is to invest in and hold a portfolio of securities selected by the Manager or the applicable Sub-Advisor in order to achieve its investment objectives. Each Evolve Fund will invest in its own actively managed portfolio comprised of various securities and instruments which may include, but are not limited to, equity and equity related securities, debt securities, futures contracts, senior secured loans and exchange traded funds.
| Name | Start Date |
|---|---|
| Evolve Funds Group Inc. | 09-29-2017 |
| Addenda Capital Inc. | 04-02-2020 |
| Fund Manager | Evolve Funds Group Inc. |
|---|---|
| Advisor | Evolve Funds Group Inc. |
| Custodian | CIBC Mellon Trust Company |
| Registrar | TSX Trust Company |
| Distributor | - |
| Auditor | Ernst & Young LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 500 |
| PAC Subsequent | 0 |
| SWP Allowed | Yes |
| SWP Min Balance | 500 |
| SWP Min Withdrawal | 0 |
| MER | 1.75% |
|---|---|
| Management Fee | 1.40% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 0.75% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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