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US High Interest Savings Account Fund Unhedged Class A

U.S. Money Market

NAVPS
(07-19-2024)
$10.00
Change
$0.00 (0.01%)

As at June 30, 2024

As at June 30, 2024

Period
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Legend

US High Interest Savings Account Fund Unhedged Class A

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Fund Returns

Inception Return (August 30, 2022): 4.70%

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 0.38% 1.25% 2.49% 2.49% 5.15% - - - - - - - - -
Benchmark 0.40% 1.22% 2.44% 2.44% 4.95% 4.41% 3.01% 2.27% 2.07% 2.10% 1.99% 1.81% 1.62% 1.46%
Category Average 0.38% 2.58% 2.58% 2.58% 5.19% 4.37% 2.96% 2.23% 2.07% 2.06% 1.93% 1.74% 1.57% 1.43%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.42% 0.44% 0.42% 0.46% 0.43% 0.41% 0.44% 0.40% 0.38% 0.45% 0.42% 0.38%
Benchmark 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40% 0.40%

Best Monthly Return Since Inception

0.46% (October 2023)

Worst Monthly Return Since Inception

0.00% (August 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 4.98%
Benchmark 0.03% 0.05% 0.28% 0.88% 1.87% 2.08% 0.44% 0.04% 1.76% 4.82%
Category Average 0.10% 0.14% 0.34% 0.71% 1.63% 2.04% 0.51% 0.07% 1.38% 4.91%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

4.98% (2023)

Worst Calendar Return (Last 10 years)

4.98% (2023)

Asset Allocation

Asset Allocation
Name Percent
Cash and Equivalents 100.00

Sector Allocation

Sector Allocation
Name Percent
Cash and Cash Equivalent 100.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
NATIONAL BANK OF CANADA 5.40% 31-Dec-2049 49.50
BNS: BOC OVERNIGHT LENDING RATE 5.32% 31-Dec-2049 36.47
BNS Term 5.60% 31-Dec-2049 13.03
CIBC: BOC OVERNIGHT LENDING RATE 5.20% 31-Dec-2049 1.00
Cash and Cash Equivalents 0.00

Equity Style

Equity style data not available

Fixed Income Style

Fixed income style data not available

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating Not Available

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date August 30, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
EVF300

Investment Objectives

HISU seeks to maximize monthly income while preserving capital and liquidity by investing primarily in high interest US dollar deposit accounts.

Investment Strategy

HISU primarily invests in high interest US dollar deposit accounts with one or more Canadian chartered banks, credit unions or trust companies, and may also invest in high-quality, short-term debt securities (with a term to maturity of 365 days or less) with a designated rating, including treasury bills and promissory notes issued or guaranteed by Canadian governments or their agencies, and bankers acceptances.

Portfolio Manager(s)

Name Start Date
Evolve Funds Group Inc. 09-06-2022

Management and Organization

Fund Manager Evolve Funds Group Inc.
Advisor Evolve Funds Group Inc.
Custodian -
Registrar -
Distributor -
Auditor -

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 -
Management Fee 0.40%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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