Key stats
About EVOLVE GBL HEALTHCARE ENHNCD YLD FD HEDGED UNITS
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Inception date
Oct 25, 2017
Structure
Canadian Mutual Fund Trust (ON)
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 20 of the largest healthcare stocks in developed countries. The fund holds companies identified as Health Technology using FactSets Revere Business Industry Classification System. 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 quarterly, assigning equal weights for each eligible security.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Health Technology
Stocks99.92%
Health Technology99.92%
Bonds, Cash & Other0.08%
Cash0.08%
Stock breakdown by region
North America68.75%
Europe31.25%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
LIFE top holdings are Novo Nordisk A/S Sponsored ADR Class B and Boston Scientific Corporation, occupying 5.64% and 5.44% of the portfolio correspondingly.
LIFE last dividends amounted to 0.19 CAD. The month before, the issuer paid 0.19 CAD in dividends,
LIFE assets under management is 205.60 M CAD. It's risen 2.22% over the last month.
LIFE fund flows account for 36.00 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.
Yes, LIFE pays dividends to its holders with the dividend yield of 12.00%. The last dividend (May 7, 2025) amounted to 0.19 CAD. The dividends are paid monthly.
LIFE shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Oct 25, 2017, and its management style is Passive.
LIFE expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
LIFE follows the Solactive Global Healthcare 20 CAD Hedged Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
LIFE invests in stocks.
LIFE price has risen by 1.31% over the last month, and its yearly performance shows a −14.45% decrease. See more dynamics on LIFE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −9.71% decrease in three-month performance and has decreased by −6.51% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −9.71% decrease in three-month performance and has decreased by −6.51% in a year.
LIFE trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.