Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO)

ETF profile

Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO)

Country: CanadaSector: Financial ServicesIndustry: Asset Management - IncomeExchange: TSX

Company overview

The LIFE fund aims to largely replicate the returns of the Solactive Global Healthcare 20 Index, hedged to the Canadian dollar, prior to the deduction of fees and expenses. Concurrently, it endeavors to diminish potential losses. Its core investment strategy involves holding the equity securities that make up this index. Furthermore, the fund generates additional income by employing a covered call strategy, selling options on a maximum of 33% of its holdings, a decision left to the discretion of the Manager. The precise volume of covered call options written can fluctuate, depending on prevailing market volatility and other pertinent considerations.

WebsiteN/A
SectorFinancial Services
IndustryAsset Management - Income
CountryCanada
Trades inCAD
Current price
18.16-1.14%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Evolve Global Healthcare Enhanced Yield Fund (LIFE.TO)

LIFE.TO · TSX · Financial Services
18.16-1.14%
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No price history available.

About

The LIFE fund aims to largely replicate the returns of the Solactive Global Healthcare 20 Index, hedged to the Canadian dollar, prior to the deduction of fees and expenses. Concurrently, it endeavors to diminish potential losses. Its core investment strategy involves holding the equity securities that make up this index. Furthermore, the fund generates additional income by employing a covered call strategy, selling options on a maximum of 33% of its holdings, a decision left to the discretion of the Manager. The precise volume of covered call options written can fluctuate, depending on prevailing market volatility and other pertinent considerations.

SectorFinancial Services
IndustryAsset Management - Income
CountryCanada
Trades inCAD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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