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Evolve Innovation Index Fund Class A Hedged
Global Equity
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FundGrade C
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FundGrade A+® Rating Recipient
2021
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|
NAVPS (08-25-2026) |
$47.02 |
|---|---|
| Change |
$0.09
(0.19%)
|
As at July 31, 2026
As at July 31, 2026
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Legend
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Fund Returns
Inception Return (June 04, 2019): 13.36%
| 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 | -5.17% | 9.38% | 15.52% | 13.51% | 15.39% | 16.72% | 13.42% | 11.21% | 3.57% | 9.50% | 12.47% | - | - | - |
| Benchmark | -1.37% | 7.23% | 11.66% | 13.99% | 23.72% | 19.83% | 20.64% | 19.50% | 13.30% | 15.13% | 14.19% | 12.81% | 13.15% | 13.09% |
| Category Average | -0.64% | 6.14% | 8.66% | 10.32% | 16.98% | 14.48% | 15.51% | 14.56% | 9.19% | 11.59% | 10.75% | 9.70% | 9.89% | 9.93% |
| Category Rank | 2,041 / 2,195 | 251 / 2,179 | 96 / 2,156 | 421 / 2,140 | 1,261 / 2,099 | 707 / 1,987 | 1,330 / 1,875 | 1,476 / 1,774 | 1,511 / 1,616 | 1,124 / 1,470 | 410 / 1,413 | - | - | - |
| Quartile Ranking | 4 | 1 | 1 | 1 | 3 | 2 | 3 | 4 | 4 | 4 | 2 | - | - | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.99% | 5.00% | 4.30% | -5.52% | -2.71% | -1.74% | -3.79% | -2.87% | 13.03% | 15.68% | -0.30% | -5.17% |
| Benchmark | 1.95% | 4.75% | 2.78% | -0.21% | -0.91% | 2.09% | 2.25% | -5.34% | 7.58% | 6.39% | 2.20% | -1.37% |
Best Monthly Return Since Inception
15.68% (May 2026)
Worst Monthly Return Since Inception
-10.98% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 61.64% | 10.70% | -34.09% | 24.26% | 15.25% | 11.00% |
| Benchmark | 5.18% | 16.29% | -1.79% | 21.41% | 13.15% | 17.62% | -12.64% | 19.37% | 26.84% | 16.60% |
| Category Average | 3.86% | 14.23% | -5.38% | 19.94% | 11.73% | 16.21% | -13.86% | 15.08% | 20.13% | 12.89% |
| Quartile Ranking | - | - | - | - | 1 | 4 | 4 | 1 | 4 | 3 |
| Category Rank | - | - | - | - | 38/ 1,435 | 1,329/ 1,525 | 1,625/ 1,678 | 161/ 1,807 | 1,537/ 1,918 | 1,235/ 2,031 |
Best Calendar Return (Last 10 years)
61.64% (2020)
Worst Calendar Return (Last 10 years)
-34.09% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 70.43 |
| International Equity | 25.73 |
| Cash and Equivalents | 2.00 |
| Canadian Equity | 1.84 |
| Derivatives | 0.02 |
| Other | -0.02 |
Sector Allocation
| Name | Percent |
|---|---|
| Technology | 50.06 |
| Healthcare | 11.80 |
| Consumer Goods | 9.82 |
| Financial Services | 8.39 |
| Telecommunications | 6.26 |
| Other | 13.67 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 74.26 |
| Asia | 17.13 |
| Europe | 6.21 |
| Africa and Middle East | 0.98 |
| Latin America | 0.02 |
| Other | 1.40 |
Top Holdings
| Name | Percent |
|---|---|
| Evolve E-Gaming Index ETF Hedged (HERO) | 12.63 |
| Evolve Cloud Computing Index Fund Hgd ETF (DATA) | 12.53 |
| Evolve Cyber Security Index Fund Hdg (CYBR) | 12.46 |
| Evolve Automobile Innovation Index Fund Hdg (CARS) | 11.23 |
| Qualcomm Inc | 2.14 |
| PayPal Holdings Inc | 1.60 |
| Intuit Inc | 1.48 |
| AT&T Inc | 1.46 |
| Bristol-Myers Squibb Co | 1.43 |
| Verizon Communications Inc | 1.42 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Evolve Innovation Index Fund Class A Hedged
Median
Other - Global Equity
3 Yr Annualized
| Standard Deviation | 19.08% | 20.05% | - |
|---|---|---|---|
| Beta | 1.44 | 1.40 | - |
| Alpha | -0.14 | -0.13 | - |
| Rsquared | 0.68% | 0.73% | - |
| Sharpe | 0.57 | 0.12 | - |
| Sortino | 1.12 | 0.19 | - |
| Treynor | 0.08 | 0.02 | - |
| Tax Efficiency | 99.59% | 98.99% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 23.97% | 19.08% | 20.05% | - |
| Beta | 1.60 | 1.44 | 1.40 | - |
| Alpha | -0.18 | -0.14 | -0.13 | - |
| Rsquared | 0.66% | 0.68% | 0.73% | - |
| Sharpe | 0.61 | 0.57 | 0.12 | - |
| Sortino | 1.38 | 1.12 | 0.19 | - |
| Treynor | 0.09 | 0.08 | 0.02 | - |
| Tax Efficiency | 99.37% | 99.59% | 98.99% | - |
Fund Details
| Start Date | June 04, 2019 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | - |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| EVF161 |
Investment Objectives
EDGE seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Global Innovation Index, or any successor thereto (the “EDGE Index”). EDGE directly or indirectly invests in equity securities of companies located domestically or internationally that are involved in innovative and disruptive trends across a broad range of industries.
Investment Strategy
In order to achieve its investment objective, the Fund seeks to hold the constituent securities of the applicable Index in approximately the same proportion as they are reflected in the Index. Alternatively, employ a sampling strategy whereby the fund holds a portfolio of securities that closely matches the aggregate investment of the securities included in the 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 | 5,000 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 50 |
Fees
| MER | 1.70% |
|---|---|
| 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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