Key stats
About EVOLVE FANGMA INDEX ETF CAD HEDGED UNITS
Expense ratio
0.78%
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Inception date
Apr 28, 2021
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
Electronic Technology
Retail Trade
Stock breakdown by region