(As of 3/31/2024)

Evolve Active Global Fixed Income Fund Class A

(Multi-Sector Fixed Income)
Inception Return
(4/23/2019) 		2.12 %
YTD Return 1.47 %
NAVPS
(4/18/2024) 		$50.35
Change $0.02 / 0.04 %
Growth of $10,000 (As of March 31, 2024)
MER 1.73 %
Assets ($mil) -
Rank (1Yr) 11/266
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
EARN seeks 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 Secured Overnight Financing Rate 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 March 31, 2024)
Sector Allocation
(As of March 31, 2024)
Geographic Allocation
(As of March 31, 2024)
Top 10 Holdings
NameAssetSectorGeographicPercent
Banco Bilbao Vizcaya Argntr SA 8.25% 31-Aug-2028Foreign BondsFixed IncomeEuropean Union1.67%
Lloyds Banking Group PLC 8.50% PERPForeign BondsFixed IncomeEuropean Union1.54%
CPUK Finance Ltd 5.88% 30-May-2027Foreign BondsFixed IncomeEuropean Union1.54%
Hammerson PLC 3.50% 27-Jul-2025Foreign BondsFixed IncomeEuropean Union1.48%
General Motors Financl Co Inc 2.35% 03-Jul-2025Foreign BondsFixed IncomeEuropean Union1.47%
Unibail-Rodamco-Westfield SE 7.25% PERPForeign BondsFixed IncomeOther European1.42%
Grainger PLC 3.38% 24-Jan-2028Foreign BondsFixed IncomeEuropean Union1.42%
ABN AMRO Bank NV (EUR) 6.88% 31-Dec-2049Foreign BondsFixed IncomeOther European1.34%
UBS Group AG 9.25% PERPForeign BondsFixed IncomeUnited States1.34%
Last Mile Logistics Pan Euro Finance DAC 4.66% 17-Aug-2033Foreign BondsFixed IncomeEuropean Union1.33%

Performance Data (As of March 31, 2024)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 0.94 1.47 5.98 1.47 9.50 2.32 -    -   
Benchmark 0.67 1.56 7.31 1.56 3.76 -1.05 0.23 3.07
Quartile Ranking 2 1 3 1 1 1 - -

Calendar Return (%) 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014
Fund 9.33 -3.60 0.68 0.08 -      -      -      -      -      -     
Benchmark 5.25 -10.27 -4.31 7.35 4.01 6.50 1.23 1.29 16.14 11.01
Quartile Ranking 1 1 2 4 - - - - - -

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