EVOLVE US BANKS ENHANCED YIELD FUND HEDGED UNITSEVOLVE US BANKS ENHANCED YIELD FUND HEDGED UNITSEVOLVE US BANKS ENHANCED YIELD FUND HEDGED UNITS

EVOLVE US BANKS ENHANCED YIELD FUND HEDGED UNITS

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Key stats


Assets under management (AUM)
‪97.35 M‬CAD
Fund flows (1Y)
‪12.03 M‬CAD
Dividend yield (indicated)
12.38%
Discount/Premium to NAV
0.03%
Shares outstanding
‪8.03 M‬
Expense ratio
0.84%

About EVOLVE US BANKS ENHANCED YIELD FUND HEDGED UNITS


Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Inception date
Oct 16, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive Equal Weight US Bank Index Canadian Dollar Hedged - CAD
Management style
Passive
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
Evolve Funds Group, Inc.
The fund is a passively managed ETF that provides exposure to the largest US bank stocks. The fund holds companies, stretching across multiple sub-industries under FactSets Revere Business Industry Classification System as finance, banks, commercial banks, and commercial savings institutions. At any time, the fund manager can write covered call options at its discretion on not more than 33% of its securities, depending on market volatility and other factors. The index is and reviewed semi-annually, assigning equal weights for each eligible security.

Classification


Asset Class
Equity
Category
Sector
Focus
Financials
Niche
Banks
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Stock breakdown by region
100%
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.

Broaden your horizons with more funds linked to CALL via country, focus, and more.

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.
CALL trades at 12.07 CAD today, its price has fallen −1.07% in the past 24 hours. Track more dynamics on CALL price chart.
CALL net asset value is 12.07 today — it's risen 7.93% 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.
CALL assets under management is ‪97.35 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.
CALL price has risen by 4.87% over the last month, and its yearly performance shows a −2.50% decrease. See more dynamics on CALL price chart.
NAV returns, another gauge of an ETF dynamics, showed a −11.78% decrease in three-month performance and has increased by 8.61% in a year.
CALL fund flows account for ‪12.03 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.
CALL invests in stocks. See more details in our Analysis section.
CALL expense ratio is 0.84%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CALL 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, CALL technical analysis shows the 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 CALL shows the sell signal. See more of CALL technicals for a more comprehensive analysis.
Yes, CALL pays dividends to its holders with the dividend yield of 12.38%.
CALL trades at a premium (0.03%).
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.
CALL shares are issued by Evolve Funds Group, Inc.
CALL follows the Solactive Equal Weight US Bank Index Canadian Dollar Hedged - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 16, 2017.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.