Inception Return
(4/23/2019)
|
-0.13 %
|
|
YTD Return
|
-3.80 %
|
|
NAVPS
(6/29/2022)
|
$44.12
|
|
Change
|
($0.14) / -0.33 %
|
|
|
Growth of $10,000
(As of May 31, 2022)
|
|
MER
|
1.76 %
|
|
Assets ($mil)
|
-
|
|
Rank (1Yr)
|
20/106
|
|
Std Dev (3Yr)
|
-
|
|
Volatility Ranking (3Yr)
|
1/10
|
|
RRSP Eligibility
|
Yes
|
|
Load
|
Front Fee Only
|
|
Max Front End
|
5.00 %
|
|
Max Back End
|
-
|
|
Sales Status
|
Open
|
|
|
Objective
The investment objective of EARN is to generate positive returns throughout the interest rate and economic cycles, firstly by allocating to different credit asset classes, and also through bottom-up individual security selection. EARN seeks to provide long term returns in excess of the 3 month U.S. dollar London Interbank Offered Rate (LIBOR) by investing primarily in global debt securities of corporate issuers.
|
Fund Manager
Evolve Funds Group Inc.
Portfolio Manager
Evolve Funds Group Inc.
Sub-Advisor
Allianz Global Investors U.S. LLC
|
|
Asset Allocation
(As of May 31, 2022)
|
Sector Allocation
(As of May 31, 2022)
|
Geographic Allocation
(As of May 31, 2022)
|
Top 10 Holdings
| Name | Asset | Sector | Geographic | Percent |
| Canadian Dollar | Cash and Equivalents | Cash and Cash Equivalent | Canada | 3.16% |
| Euro | Cash and Equivalents | Cash and Cash Equivalent | Other European | 2.61% |
| Toyota Motor Credit Corp 1.07% 14-Dec-2022 | Cash and Equivalents | Cash and Cash Equivalent | United States | 1.72% |
| FCT Credit Agricole Habitat 0.34% 27-Apr-2053 | Other | Fixed Income | Other European | 1.59% |
| Arrow CMBS DAC 1.10% 22-May-2030 | Other | Fixed Income | Other European | 1.48% |
| Pacific Gas and Electric Co 3.25% 16-Feb-2024 | Foreign Bonds | Fixed Income | United States | 1.47% |
| Paragon Mortgages PLC 1.71% 16-May-2050 | Other | Fixed Income | European Union | 1.46% |
| Domi BV 16-Jun-2053 | Other | Fixed Income | Other European | 1.33% |
| British Pound Sterling | Cash and Equivalents | Cash and Cash Equivalent | European Union | 1.33% |
| Permanent TSB Group Holdng PLC 2.13% 26-Sep-2024 | Foreign Bonds | Fixed Income | European Union | 1.32% |
Performance Data
(As of May 31, 2022)
|
|
Return (%)
|
Annualized Return (%)
|
|
Return
|
1
Mth
|
3
Mth
|
6
Mth
|
YTD
|
1
Yr
|
3
Yr
|
5
Yr
|
10
Yr
|
|
Fund
|
0.32
|
-1.17
|
-3.53
|
-3.80
|
-4.10
|
-0.12
|
-
|
-
|
|
Benchmark
|
-0.66
|
-8.02
|
-13.46
|
-12.32
|
-9.30
|
-2.47
|
-0.32
|
4.17
|
|
Quartile Ranking
|
1
|
1
|
1
|
1
|
1
|
3
|
-
|
-
|
|
Calendar Return (%)
|
2021
|
2020
|
2019
|
2018
|
2017
|
2016
|
2015
|
2014
|
2013
|
2012
|
|
Fund
|
0.68
|
-0.09
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
Benchmark
|
-3.78
|
8.39
|
5.81
|
5.22
|
2.08
|
0.66
|
15.41
|
12.44
|
6.83
|
8.60
|
|
Quartile Ranking
|
3
|
4
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|