Key stats
About EVOLVE ACTIVE CANADIAN PFD SHS FD UNHEDGED UNITS
Expense ratio
1.03%
Home page
Inception date
Sep 29, 2017
ISIN
CA30052A1012
This is an actively managed fund that invests primarily in preferred shares of Canadian issuers, with some US and international issuers. Only up to 30% of the funds holdings can be invested in non-Canadian issuers. Using its active strategy, the fund adviser purchases and sells each security at his discretion, utilizing a multi-strategy approach, including sector allocation and interest rate anticipation in the context of a long-term, value-oriented approach. The advisor will typically invest in 20 to 75 securities, and the individual weighting for each investment will vary based on the advisors assessment of quality. The fund does not specify a maturity for its holdings.
Classification
What's in the fund
Exposure type
Finance
Industrial Services
Corporate
Cash
Stocks60.69%
Finance37.91%
Industrial Services16.40%
Utilities3.64%
Miscellaneous2.18%
Communications0.56%
Bonds, Cash & Other39.31%
Corporate22.54%
Cash16.76%