Key stats
About EVOLVE ENHANCED YIELD BOND FUND UNIT HEDGED CAD
Home page
Inception date
Oct 3, 2023
Structure
Canadian Mutual Fund Corporation (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Evolve Funds Group, Inc.
The fund seeks income and long-term capital appreciation, primarily investing in fixed income securities or ETFs from the United States and Canada. These securities may come from government and corporate issuers with credit ratings ranging from investment grade or high yield and within any maturity bracket. The portfolio holdings are selected based on factors such as AUM, liquidity, distribution yield, and management expense ratios. A covered call option strategy is employed to enhance yield, mitigate risk, and reduce volatility. The level of covered call option writing is based on market volatility and other factors, up to 100% of the fund's value.
Classification
What's in the fund
Exposure type
ETF
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
BOND trades at 17.56 CAD today, its price has risen 0.06% in the past 24 hours. Track more dynamics on BOND price chart.
BOND net asset value is 17.58 today — it's fallen 2.78% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
BOND assets under management is 187.94 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
BOND price has fallen by −2.94% over the last month, and its yearly performance shows a −13.96% decrease. See more dynamics on BOND price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.78% over the last month, showed a −2.91% decrease in three-month performance and has decreased by −3.31% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −2.78% over the last month, showed a −2.91% decrease in three-month performance and has decreased by −3.31% in a year.
BOND fund flows account for 135.43 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
BOND invests in funds. See more details in our Analysis section.
No, BOND isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, BOND technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BOND shows the strong sell signal. See more of BOND technicals for a more comprehensive analysis.
Today, BOND technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating BOND shows the strong sell signal. See more of BOND technicals for a more comprehensive analysis.
Yes, BOND pays dividends to its holders with the dividend yield of 13.02%.
BOND trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
BOND shares are issued by Evolve Funds Group, Inc.
BOND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 3, 2023.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.