Evolve Canadian Utilities Enhanced Yield Index Fund Unhedged Class A

Fund Details

Start Date	October 11, 2024
Instrument Type	Mutual Fund (Alternative)
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
EVF241

Investment Objectives

The Evolve Fund seeks to replicate, to the extent reasonably possible before fees and expenses, up to a 1.25 times multiple of the performance of the Solactive Canada Utility Index, or any successor thereto (the “Index”), while mitigating downside risk. The Evolve Fund invests primarily in the equity constituents of the Index. To enhance yield, as well as to mitigate risk and reduce volatility, the Evolve Fund will employ a covered call option writing program at the discretion of the Manager.

Investment Strategy

The Evolve Fund seeks to achieve its investment objective by borrowing cash to invest in and hold a proportionate share of, or a sampling of, the Constituent Securities of the Index in order to track up to approximately 1.25 times the performance of the Index. The Manager believes that option writing may have potential to add value and is an effective way to help lower the level of volatility for an investor and potentially improve returns.

Portfolio Manager(s)

Name	Start Date
Evolve Funds Group Inc.	08-01-2024

Management and Organization

Fund Manager	Evolve Funds Group Inc.
Advisor	Evolve Funds Group Inc.
Custodian	CIBC Mellon Trust Company
Registrar	-
Distributor	-
Auditor	Ernst & Young LLP