EVOLVE GBL HEALTHCARE ENHNCD YLD FD HEDGED UNITSEVOLVE GBL HEALTHCARE ENHNCD YLD FD HEDGED UNITSEVOLVE GBL HEALTHCARE ENHNCD YLD FD HEDGED UNITS

EVOLVE GBL HEALTHCARE ENHNCD YLD FD HEDGED UNITS

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Key stats


Assets under management (AUM)
‪205.09 M‬CAD
Fund flows (1Y)
‪36.00 M‬CAD
Dividend yield (indicated)
12.00%
Discount/Premium to NAV
0.04%
Shares outstanding
‪11.10 M‬
Expense ratio
0.74%

About EVOLVE GBL HEALTHCARE ENHNCD YLD FD HEDGED UNITS


Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Inception date
Oct 25, 2017
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive Global Healthcare 20 CAD Hedged Index - 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 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


Asset Class
Equity
Category
Sector
Focus
Health care
Niche
Broad-based
Strategy
Buy-write
Geography
Global
Weighting scheme
Fixed
Selection criteria
Fixed
What's in the fund
Exposure type
StocksBonds, Cash & Other
Health Technology
Stock breakdown by region
68%31%
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 LIFE 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.
LIFE trades at 18.47 CAD today, its price has fallen −0.16% in the past 24 hours. Track more dynamics on LIFE price chart.
LIFE net asset value is 18.46 today — it's risen 0.93% 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.
LIFE assets under management is ‪205.09 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.
LIFE price has risen by 1.26% 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.
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.
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.
LIFE invests in stocks. See more details in our Analysis section.
LIFE expense ratio is 0.74%. 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, LIFE 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, LIFE technical analysis shows the sell rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating LIFE shows the sell signal. See more of LIFE technicals for a more comprehensive analysis.
Yes, LIFE pays dividends to its holders with the dividend yield of 12.00%.
LIFE trades at a premium (0.04%).
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.
LIFE shares are issued by Evolve Funds Group, Inc.
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.
The fund started trading on Oct 25, 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.