Key stats
About EVOLVE US BANKS ENHANCED YIELD FUND HEDGED UNITS
Expense ratio
0.84%
Home page
Inception date
Oct 16, 2017
The fund is a passively managed ETF that provides exposure to the largest US bank stocks. The fund holds companies, stretching across multiple sub-industries under FactSets Revere Business Industry Classification System as finance, banks, commercial banks, and commercial savings institutions. At any time, the fund manager can write covered call options at its discretion on not more than 33% of its securities, depending on market volatility and other factors. The index is and reviewed semi-annually, assigning equal weights for each eligible security.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.