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About EVOLVE FANGMA INDEX ETF CAD UNHEDGED UNITS
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Inception date
May 4, 2021
Structure
Canadian Mutual Fund Trust (ON)
The fund is passively managed to hold a static basket of six leading technology companies in the US known as FANGMA (Facebook, Amazon, Netflix, Google [Alphabet], Microsoft, and Apple). Only one share class per company is eligible for inclusion. Due to its very narrow holdings, investors can expect a high level of concentration and volatility in the portfolio. The index is equally weighted and rebalanced on a quarterly basis.
Classification
What's in the fund
Exposure type
Technology Services
Retail Trade
Electronic Technology
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.