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Evolve Global Healthcare Enhanced Yield Fund Hedged Class A

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Health Care Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(07-22-2025) 		$15.28
Change
$0.26 (1.70%)

As at June 30, 2025

As at June 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Sep 2020Jan 2021May 2021Sep 2021Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$10,000$12,000$14,000$8,000$16,000$9,000$11,000$13,000Period

Legend

Evolve Global Healthcare Enhanced Yield Fund Hedged Class A

Compare Options

Fund Returns

Inception Return (July 07, 2020): 4.43%

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 -0.22% -6.41% -0.12% -0.12% -6.46% 1.33% 2.83% 2.58% - - - - - -
Benchmark 0.91% -7.89% -3.97% -3.97% -4.44% 4.29% 5.66% 3.23% 5.14% 7.37% 7.63% 7.88% 8.18% 7.26%
Category Average - - - - - - - - - - - - - -
Category Rank 50 / 51 10 / 50 4 / 50 4 / 50 21 / 50 24 / 48 19 / 41 12 / 39 - - - - - -
Quartile Ranking 4 1 1 1 2 2 2 2 - - - - - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.67% 4.46% -3.02% -3.82% -1.99% -4.48% 7.50% 3.46% -4.05% -4.41% -1.86% -0.22%
Benchmark 4.44% 2.95% -2.25% -1.97% -0.17% -3.25% 6.66% 0.57% -2.81% -5.42% -3.48% 0.91%

Best Monthly Return Since Inception

8.06% (October 2022)

Worst Monthly Return Since Inception

-6.78% (August 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - 18.13% -0.62% 2.99% 1.08%
Benchmark 27.73% -8.68% 14.01% 11.82% 17.06% 13.59% 15.28% -1.72% 1.42% 9.95%
Category Average - - - - - - - - - -
Quartile Ranking - - - - - - 2 2 2 4
Category Rank - - - - - - 18/ 38 18/ 40 11/ 41 44/ 48

Best Calendar Return (Last 10 years)

18.13% (2021)

Worst Calendar Return (Last 10 years)

-0.62% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 68.36
International Equity 30.66
Cash and Equivalents 0.97
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Healthcare 94.51
Consumer Goods 4.82
Cash and Cash Equivalent 0.98

Geographic Allocation

Geographic Allocation
Name Percent
North America 69.33
Europe 30.71
Africa and Middle East -0.04

Top Holdings

Top Holdings
Name Percent
Novo Nordisk A/S - ADR 5.66
Novartis AG - ADR 5.46
Boston Scientific Corp 5.43
Stryker Corp 5.35
Pfizer Inc 5.21
Intuitive Surgical Inc 5.19
Roche Holding AG - ADR 5.18
Gilead Sciences Inc 5.11
AstraZeneca PLC - ADR 5.10
Danaher Corp 5.04

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return111213141516171819202122-10%-5%0%5%10%

Evolve Global Healthcare Enhanced Yield Fund Hedged Class A

Median

Other - Health Care Equity

3 Yr Annualized

Standard Deviation 12.89% - -
Beta 1.07% - -
Alpha -0.03% - -
Rsquared 0.83% - -
Sharpe -0.03% - -
Sortino 0.07% - -
Treynor 0.00% - -
Tax Efficiency - - -
Volatility Volatility rating is 7 on a scale of 1 to 10 - -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 14.00% 12.89% - -
Beta 1.03% 1.07% - -
Alpha -0.02% -0.03% - -
Rsquared 0.84% 0.83% - -
Sharpe -0.65% -0.03% - -
Sortino -0.88% 0.07% - -
Treynor -0.09% 0.00% - -
Tax Efficiency - - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A97.5​97.593.4​93.40%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A96.9​96.990.5​90.50%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A97.3​97.394.9​94.90%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A97.2​97.289.9​89.90%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date July 07, 2020
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
EVF171

Investment Objectives

LIFE seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Global Healthcare 20 Index Canadian Dollar Hedged, or any successor thereto, while mitigating downside risk. LIFE invests primarily in the equity constituents of the Solactive Global Healthcare 20 Index Canadian Dollar Hedged, or any successor thereto, while writing covered call options on up to 33% of the portfolio securities, at the discretion of the Manager.

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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.81%
Management Fee 1.45%
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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