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About Evolve Cloud Computing Index Fund Trust Units -Unhedged-
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Inception date
Jan 6, 2021
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Evolve Funds Group, Inc.
ISIN
CA3005322076
The fund seeks to emulate the performance of the Solactive Global Cloud Computing Index, representing companies in cloud computing across developed markets. The index starts from a universe of small-, mid-, and large-cap companies that may be classified within defined industry groups, industries and sub-industries related to cloud computing under the FactSet Revere Business Industry Classification System (RBICS). Security selection is based on minimum market-cap and average daily traded value requirements where all eligible securities ranking at the top of each sub-industry chosen. The top 50 securities by market-cap are selected for the index. Additionally, a specific rule is mentioned where the security with the largest share class market-cap for the sub-industry Internet Department Stores must be included. Constituents are weighted according to their share class market capitalization with a 7.5% cap placed on individual securities. This is to ensure diversification and to limit overconcentration.
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
Technology Services
Stocks99.68%
Technology Services87.86%
Retail Trade6.76%
Electronic Technology5.07%
Bonds, Cash & Other0.32%
Cash0.32%
Stock breakdown by region
North America87.40%
Europe7.51%
Middle East1.99%
Asia1.73%
Oceania1.37%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
DATA.B invests in stocks. The fund's major sectors are Technology Services, with 87.86% stocks, and Retail Trade, with 6.76% of the basket. The assets are mostly located in the North America region.
DATA.B top holdings are Alphabet Inc. Class A and Oracle Corporation, occupying 9.42% and 8.59% of the portfolio correspondingly.
DATA.B last dividends amounted to 0.01 CAD. The month before, the issuer paid 0.01 CAD in dividends,
DATA.B assets under management is 1.65 M CAD. It's risen 5.01% over the last month.
DATA.B fund flows account for −707.16 K 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, DATA.B pays dividends to its holders with the dividend yield of 0.34%. The last dividend (Oct 8, 2025) amounted to 0.01 CAD. The dividends are paid monthly.
DATA.B shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Jan 6, 2021, and its management style is Passive.
DATA.B expense ratio is 0.90% meaning you'd have to pay 0.90% of your investment to help manage the fund.
DATA.B follows the Solactive Global Cloud Computing Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
DATA.B invests in stocks.
DATA.B price has risen by 5.15% over the last month, and its yearly performance shows a 32.84% increase. See more dynamics on DATA.B price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.83% over the last month, showed a 30.70% increase in three-month performance and has increased by 26.79% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.83% over the last month, showed a 30.70% increase in three-month performance and has increased by 26.79% in a year.
DATA.B trades at a premium (0.26%) meaning the ETF is trading at a higher price than the calculated NAV.