Evolve Automobile Innovation Index Fund (CARS)-Hgd
|
As of February 29, 2024
|
(Sector Equity)
|
|
Underlying Index
|
Solactive Future Cars Index
|
Inception Return
(9/27/2017)
|
1.52 %
|
|
Day High/Low
|
$20.47 / $20.43
|
YTD Return
|
-10.49 %
|
|
52Week High/Low
|
$31.66 / $19.53
|
|
|
|
|
NAVPS
(3/28/2024)
|
$20.42
|
Change
|
$0.10 / 0.49 %
|
Open / Close
(3/28/2024)
|
$20.47
/
$20.44
|
|
|
Management Fee
|
0.40 %
|
Traded Volume
|
436
|
Assets ($mil)
|
-
|
Rank (1Yr)
|
171/175
|
Std Dev (3Yr)
|
37.22 %
|
Beta (3Yr)
|
1.63
|
Volatility Ranking (3Yr)
|
10/10
|
RRSP Eligibility
|
Yes
|
Open to Invest
|
Open
|
Annual Dividend
|
$0.26
|
Annual Yield
|
1.27 %
|
|
Objective
The Fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Future Cars Index by investing in equity securities of companies that are involved in developing electric drivetrains, autonomous driving or network connected services for automobiles.
|
Fund Manager
Evolve Funds Group Inc.
Portfolio Manager
Evolve Funds Group Inc.
Sub-Advisor
Data not available
|
Asset Allocation
(As of February 29, 2024)
|
Sector Allocation
(As of February 29, 2024)
|
Geographic Allocation
(As of February 29, 2024)
|
Top 10 Holdings
Name | Asset | Sector | Geographic | Percent |
Li Auto Inc - ADR | International Equity | Consumer Goods | Asia/Pacific Rim | 3.37% |
NVIDIA Corp | US Equity | Technology | United States | 3.16% |
GS Yuasa Corp | International Equity | Industrial Goods | Japan | 3.09% |
Advanced Micro Devices Inc | US Equity | Technology | United States | 2.87% |
Polestar Automotive Holding Uk PLC - ADR Pfd Cl A | International Equity | Consumer Goods | European Union | 2.86% |
Gentherm Inc | US Equity | Consumer Goods | United States | 2.77% |
Cirrus Logic Inc | US Equity | Technology | United States | 2.72% |
Gentex Corp | US Equity | Consumer Goods | United States | 2.63% |
Volkswagen AG - Pfd | International Equity | Consumer Goods | European Union | 2.60% |
Renault SA | International Equity | Consumer Goods | European Union | 2.59% |
Performance Data
(As of February 29, 2024)
|
Return (%)
|
Annualized Return (%)
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
Fund
|
1.00
|
-2.51
|
-21.85
|
-10.49
|
-26.87
|
-26.06
|
2.83
|
-
|
Benchmark
|
1.82
|
6.39
|
6.99
|
2.38
|
9.19
|
9.01
|
9.29
|
7.37
|
Quartile Ranking
|
4
|
4
|
4
|
4
|
4
|
4
|
4
|
-
|
Calendar Return (%)
|
2023
|
2022
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
Fund
|
-6.77
|
-48.72
|
5.53
|
93.28
|
51.93
|
-19.61
|
-
|
-
|
-
|
-
|
Benchmark
|
11.75
|
-5.84
|
25.09
|
5.60
|
22.88
|
-8.89
|
9.10
|
21.08
|
-8.32
|
10.55
|
Quartile Ranking
|
4
|
4
|
4
|
1
|
1
|
4
|
-
|
-
|
-
|
-
|