Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund BANK.TO · ETF Open Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund in new tab
Weights
Sector Weights
Country Weights
Canada
Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund Analysis (BANK.TO)
Investment Objective: Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund is an investment vehicle focused on the Financial Services sector in Canada. It is currently trading at 11.26 CAD.
Portfolio Composition:
The fund is heavily weighted towards
the Financial Services sector (100%)
and markets in
Canada (125%)
.
For a full breakdown of all holdings, see the "Weights" card above.
Income: This is a distributing fund with a current yield of 12.31%.
Investor FAQ
Does Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund pay a dividend?
Yes, it pays an annual dividend of 1.27 CAD (12.31% yield).
What asset class is Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund?
Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund is classified as a ETF. You can compare it against its peer in the "Related Symbols" list.
Fund Strategy
The fund is passively managed, utilizing a combination of leverage and covered call strategy. It provides 1.25x leveraged exposure to the Solactive Canadian Core Financials Equal Weight Index, a narrow index that invests in the 10 largest companies from the bank and insurance segments of the Canadian stock market. This particularly includes the following FactSet Sectors: Major Banks, Regional Banks, Life/Health Insurance, and Multi-Line Insurance. Constituents are selected based on market capitalization and are equally weighted. 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 underlying index reconstitutes quarterly. The fund is a geared product that rebalances within two business days of the funds leverage exceeding 2% above its target leverage of 25%. As such, this is designed as a short-term trading tool. and not a long-term investment vehicle.
| Year | Total Dividends |
|---|---|
| ▸2027 |
1.46 CAD
|
| Sept. 8, 2027 (estimated) | 0.1827 |
| Aug. 9, 2027 (estimated) | 0.1827 |
| July 8, 2027 (estimated) | 0.1587 |
| June 7, 2027 (estimated) | 0.1603 |
| May 7, 2027 (estimated) | 0.1457 |
| April 8, 2027 (estimated) | 0.1457 |
| March 8, 2027 (estimated) | 0.1457 |
| Feb. 8, 2027 (estimated) | 0.1714 |
| Jan. 8, 2027 (estimated) | 0.1714 |
| ▸2026 |
1.61 CAD
|
| Dec. 7, 2026 (estimated) | 0.1381 |
| Nov. 6, 2026 | 0.1520 |
| Oct. 7, 2026 | 0.1520 |
| Sept. 8, 2026 | 0.1520 |
| Aug. 10, 2026 | 0.1520 |
| July 9, 2026 | 0.1320 |
| June 5, 2026 | 0.1320 |
| May 7, 2026 | 0.1200 |
| April 8, 2026 | 0.1200 |
| March 6, 2026 | 0.1200 |
| Feb. 6, 2026 | 0.1200 |
| Jan. 8, 2026 | 0.1200 |
| ▸2025 |
1.32 CAD
|
| Dec. 5, 2025 | 0.1100 |
| Nov. 7, 2025 | 0.1100 |
| Oct. 8, 2025 | 0.1100 |
| Sept. 8, 2025 | 0.1100 |
| Aug. 8, 2025 | 0.1100 |
| July 8, 2025 | 0.1100 |
| June 6, 2025 | 0.1100 |
| May 7, 2025 | 0.1100 |
| April 7, 2025 | 0.1100 |
| March 7, 2025 | 0.1100 |
| Feb. 7, 2025 | 0.1100 |
| Jan. 8, 2025 | 0.1100 |
| ▸2024 |
1.22 CAD
|
| Dec. 6, 2024 | 0.1100 |
| Nov. 7, 2024 | 0.1100 |
| Oct. 4, 2024 | 0.1000 |
| Sept. 9, 2024 | 0.1000 |
| Aug. 8, 2024 | 0.1000 |
| July 8, 2024 | 0.1000 |
| June 7, 2024 | 0.1000 |
| May 7, 2024 | 0.1000 |
| April 8, 2024 | 0.1000 |
| March 7, 2024 | 0.1000 |
| Feb. 7, 2024 | 0.1000 |
| Jan. 8, 2024 | 0.1000 |
| ▸2023 |
0.98 CAD
|
| Dec. 7, 2023 | 0.0930 |
| Nov. 7, 2023 | 0.0930 |
| Oct. 10, 2023 | 0.0930 |
| Sept. 8, 2023 | 0.0930 |
| Aug. 8, 2023 | 0.0930 |
| July 10, 2023 | 0.0930 |
| June 7, 2023 | 0.0700 |
| May 5, 2023 | 0.0700 |
| April 10, 2023 | 0.0700 |
| March 7, 2023 | 0.0700 |
| Feb. 7, 2023 | 0.0700 |
| Jan. 9, 2023 | 0.0700 |
| ▸2022 |
0.70 CAD
|
| Dec. 7, 2022 | 0.0700 |
| Nov. 7, 2022 | 0.0700 |
| Oct. 7, 2022 | 0.0700 |
| Sept. 8, 2022 | 0.0700 |
| Aug. 8, 2022 | 0.0700 |
| July 8, 2022 | 0.0700 |
| June 7, 2022 | 0.0700 |
| May 6, 2022 | 0.0700 |
| April 7, 2022 | 0.0700 |
| March 7, 2022 | 0.0700 |
| Name | Payment Date | Status | Amount |
|---|---|---|---|
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Nov 06, 2026 | Upcoming | 0.152 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Oct 07, 2026 | Paid | 0.152 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Sep 08, 2026 | Paid | 0.152 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Aug 10, 2026 | Paid | 0.152 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Jul 09, 2026 | Paid | 0.132 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Jun 05, 2026 | Paid | 0.132 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | May 07, 2026 | Paid | 0.12 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Apr 08, 2026 | Paid | 0.12 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Mar 06, 2026 | Paid | 0.12 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Feb 06, 2026 | Paid | 0.12 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Jan 08, 2026 | Paid | 0.12 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Dec 05, 2025 | Paid | 0.11 CAD |
| Evolve Canadian Banks and Lifecos Enhanced Yield Index Fund | Nov 07, 2025 | Paid | 0.11 CAD |
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