(As of 5/31/2026)

Evolve Automobile Innovation Index Class A

(Sector Equity)
Inception Return
(4/23/2019)
8.65 %
YTD Return 41.68 %
NAVPS
(6/24/2026)
$30.35
Change ($0.73) / -2.35 %
Growth of $10,000 (As of May 31, 2026)
MER 1.79 %
Assets ($mil) -
Rank (1Yr) -
Std Dev (3Yr) 31.57 %
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Load Back Fee Only
Max Front End 5.00 %
Max Back End -
Sales Status Open
 
Objective
CARS seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Future Cars Index Canadian Dollar Hedged, or any successor thereto. CARS invests primarily in equity securities of companies that are directly or indirectly 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
-
 
Asset Allocation
(As of May 31, 2026)
Sector Allocation
(As of May 31, 2026)
Geographic Allocation
(As of May 31, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
Navitas Semiconductor CorpUS EquityTechnologyUnited States4.03%
Wolfspeed IncUS EquityTechnologyUnited States3.89%
Ceres Power Holdings PLCInternational EquityEnergyEuropean Union3.80%
ARM Holdings PLC - ADRInternational EquityTechnologyEuropean Union3.38%
Himax Technologies Inc - ADRInternational EquityTechnologyAsia/Pacific Rim3.34%
Advanced Micro Devices IncUS EquityTechnologyUnited States3.21%
Intel CorpUS EquityTechnologyUnited States2.68%
Bloom Energy Corp Cl AUS EquityIndustrial GoodsUnited States2.56%
STMicroelectronics NVInternational EquityTechnologyOther European2.53%
SiTime CorpUS EquityTechnologyUnited States2.37%

Performance Data (As of May 31, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 14.52 38.00 37.42 41.68 87.02 11.75 -5.56 -   
Benchmark 2.52 1.83 12.07 10.61 36.06 24.64 15.30 12.77
Quartile Ranking - - - - - - - -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 25.65 -13.37 -7.43 -49.38 4.41 104.03 -      -      -      -     
Benchmark 31.68 21.65 11.75 -5.84 25.09 5.60 22.88 -8.89 9.10 21.08
Quartile Ranking - - - - - - - - - -

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