EVOLVE NASDAQ TECHNOLOGY ULTRAYIELD ETF (CAD) TECY.CA

Evolve NASDAQ Technology UltraYield ETF is an exchange-traded fund managed by Evolve Funds Group Inc. It aims to offer investors enhanced income and long-term capital appreciation by investing in technology companies from the Nasdaq-100 that are expected to generate significant option premiums.

It employs a covered call strategy on approximately 50% of its portfolio, writing call options to earn premium income, with the amount of covered call activity varying based on market volatility. In addition to covered calls, the fund uses modest leverage (up to about 33%) to increase its exposure and amplify potential returns and income.

While leverage can boost income, it also magnifies both gains and losses. The fund seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted Index or a successor index.

This fund is an equity strategy focused on the technology sector; its scope is U.S. technology companies (those in the Nasdaq-100 classified as "technology"). It is structured under the UltraYield™ product line, offering income-focused exposure with a covered call overlay and modest leverage, managed by Evolve Funds Group Inc.