Overview
Description
The Evolve Automobile Innovation Fund is an exchange-traded fund that concentrates on opportunities within the burgeoning field of automobile innovation. Its primary purpose is to provide investors with exposure to the emerging trends and technologies that are transforming the automotive sector. This includes areas like electric vehicles, autonomous driving, connected vehicles, and shared mobility services. The fund aims to capture growth by investing in a diversified portfolio of companies that are at the forefront of automotive technology and innovation across the globe.
Notable features of the Evolve Automobile Innovation Fund include its focus on ten to fifteen stocks of high potential companies engaged in automotive technology advancements. By targeting this evolving niche, the fund impacts sectors related to industrial manufacturing, advanced technology, energy storage, and telecommunications. In the broader financial market context, this fund plays an essential role in providing an investment medium that aligns closely with the ongoing shift towards sustainable and smart transportation solutions driven by both consumer demand and regulatory mandates for cleaner technologies.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
XTSE