(As of 4/30/2026)

Evolve Automobile Innovation Index Class F

(Sector Equity)
Inception Return
(4/23/2019)
7.75 %
YTD Return 24.19 %
NAVPS
(5/12/2026)
$35.33
Change ($1.24) / -3.38 %
Growth of $10,000 (As of April 30, 2026)
MER 0.63 %
Assets ($mil) -
Rank (1Yr) -
Std Dev (3Yr) -
Volatility Ranking (3Yr) 10/10
RRSP Eligibility Yes
Load No Load
Max Front End -
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 April 30, 2026)
Sector Allocation
(As of April 30, 2026)
Geographic Allocation
(As of April 30, 2026)
Top 10 Holdings
NameAssetSectorGeographicPercent
Ceres Power Holdings PLCInternational EquityEnergyEuropean Union3.18%
Bloom Energy Corp Cl AUS EquityIndustrial GoodsUnited States2.90%
Navitas Semiconductor CorpUS EquityTechnologyUnited States2.85%
Intel CorpUS EquityTechnologyUnited States2.51%
Advanced Micro Devices IncUS EquityTechnologyUnited States2.51%
Energy Vault Holdings IncUS EquityTechnologyUnited States2.38%
ARM Holdings PLC - ADRInternational EquityTechnologyEuropean Union2.29%
STMicroelectronics NVInternational EquityTechnologyOther European2.22%
PowerX IncInternational EquityOtherOther2.21%
Wolfspeed IncUS EquityOtherUnited States2.20%

Performance Data (As of April 30, 2026)
  Return (%) Annualized Return (%)
Return 1 Mth 3 Mth 6 Mth YTD 1 Yr 3 Yr 5 Yr 10 Yr
Fund 23.79 19.31 7.60 24.19 81.82 9.98 -7.23 -   
Benchmark 3.81 7.00 13.54 7.89 40.10 21.54 15.51 12.61
Quartile Ranking - - - - - - - -

Calendar Return (%) 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016
Fund 27.40 -12.34 -6.85 -48.70 5.52 106.02 -      -      -      -     
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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