EVOLVE ARTIFICIAL INTELLIGENCE FUND UNITS ETF CAD HDGEVOLVE ARTIFICIAL INTELLIGENCE FUND UNITS ETF CAD HDGEVOLVE ARTIFICIAL INTELLIGENCE FUND UNITS ETF CAD HDG

EVOLVE ARTIFICIAL INTELLIGENCE FUND UNITS ETF CAD HDG

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Key stats

Assets under management (AUM)
‪3.42 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
Discount/Premium to NAV
0.09%

About EVOLVE ARTIFICIAL INTELLIGENCE FUND UNITS ETF CAD HDG

Issuer
Evolve Funds Group, Inc.
Brand
Evolve
Inception date
Mar 22, 2024
Index tracked
No Underlying Index
Management style
Active
The fund employs a proprietary language model to target securities likely to gain from increased AI adoption. The platform identifies equity and equity-related securities from developed markets positively impacted by AI through direct product sales or improved cost efficiency. The model processes large datasets from various text sources, adapting over time to identify issuers, changes in market sentiment, technological advancements, and emerging applications. The technology is monitored, assigning each company an applicability score from 0 to 1. The portfolio manager uses and adjusts the portfolio based on the generated data. The portfolio may include companies directly involved in AI development and those with business models/operations enhanced by AI. As an actively managed fund, the portfolio manager has full discretion over any investment decision at any time. The AI technology and its provider does not make investment decisions on behalf of the fund.

Classification

Asset Class
Equity
Category
Sector
Focus
Theme
Niche
Robotics & AI
Strategy
Active
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 9, 2024
Exposure type
StocksBonds, Cash & Other
Technology Services
Electronic Technology
Retail Trade
Stocks99.07%
Technology Services48.68%
Electronic Technology37.45%
Retail Trade10.62%
Producer Manufacturing2.09%
Finance0.23%
Bonds, Cash & Other0.93%
Cash0.93%
Stock breakdown by region
100%
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows