Evolve Canadian Utilities Enhanced Yield Index Fund Unhedged Class A

Fund Details

Fund Codes

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)

Management and Organization