Key stats
About EVOLVE EURO BKS ENHANCED YIELD ETF UNIT HEDGED
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Inception date
Jan 7, 2022
Structure
Canadian Mutual Fund Trust (ON)
Solactive European bank Top 20 Equal weight Index Canadian Dollar hedged - CAD - Benchmark TR Net Hedged
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Evolve Funds Group, Inc.
The fund aims to provide exposure to the largest banking companies in the developed European countries, which includes major and regional banks. It tracks an index representing the largest 20 banks in the developed European region, selected via market-cap and weighted equally. The fund will employ a sampling strategy, where it may not hold all the securities that comprise the index and instead invest in securities with similar characteristics to the index constituents. To provide additional value and minimize volatility, the fund employs a covered call options strategy on up to 33% of its portfolio. Although the fund primarily invests in common stocks, it can also hold equity-related securities including, but not limited to, convertible debt, income trust units, single issuer equity options, preferred shares and warrants, as well as cash and cash equivalents. The index rebalances on a quarterly basis in February, May, August and November.
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
Finance
Stocks98.99%
Finance98.86%
Bonds, Cash & Other1.01%
Cash1.15%
Rights & Warrants−0.13%
Stock breakdown by region
Europe100.00%
North America0.00%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
EBNK top holdings are Commerzbank AG and Standard Chartered PLC, occupying 5.42% and 5.25% of the portfolio correspondingly.
EBNK last dividends amounted to 0.14 CAD. The month before, the issuer paid 0.14 CAD in dividends,
EBNK assets under management is 25.06 M CAD. It's risen 15.37% over the last month.
EBNK fund flows account for 21.10 M 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, EBNK pays dividends to its holders with the dividend yield of 12.28%. The last dividend (Jun 6, 2025) amounted to 0.14 CAD. The dividends are paid monthly.
EBNK shares are issued by Evolve Funds Group, Inc. under the brand Evolve. The ETF was launched on Jan 7, 2022, and its management style is Passive.
EBNK expense ratio is 1.47% meaning you'd have to pay 1.47% of your investment to help manage the fund.
EBNK follows the Solactive European bank Top 20 Equal weight Index Canadian Dollar hedged - CAD - Benchmark TR Net Hedged. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
EBNK invests in stocks.
EBNK price has fallen by −2.01% over the last month, and its yearly performance shows a 23.93% increase. See more dynamics on EBNK price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.78% over the last month, have fallen by −0.78% over the last month, showed a 2.31% increase in three-month performance and has increased by 38.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.78% over the last month, have fallen by −0.78% over the last month, showed a 2.31% increase in three-month performance and has increased by 38.82% in a year.
EBNK trades at a premium (6.58%) meaning the ETF is trading at a higher price than the calculated NAV.