Question 1

What is LIFE?

Accepted Answer

LIFE — Evolve Global Healthcare Enhanced Yield Fund Hedged Units — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the LIFE ETF price today?

Accepted Answer

LIFE last traded at $18.43 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the LIFE MER (management expense ratio)?

Accepted Answer

LIFE has a management expense ratio (MER) of 0.45% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time.

Question 4

What are LIFE annualised returns?

Accepted Answer

LIFE historical returns: YTD: -4.71%, 1-year: +11.36%, 3-year annualised: +6.56%, 5-year annualised: +4.36%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.19, which measures risk-adjusted return.

Question 5

Does LIFE pay dividends or distributions?

Accepted Answer

Yes, LIFE distributes income to unitholders. The current distribution yield is approximately 12.95%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does LIFE invest in?

Accepted Answer

LIFE's top holdings include Bristol-Myers Squibb Company (BMY, 5.5%), Thermo Fisher Scientific Inc (TMO, 5.5%), Abbott Laboratories (ABT, 5.4%), Amgen Inc (AMGN, 5.2%), Pfizer Inc (PFE, 5.1%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Health GR CAD.

Question 7

What sectors does LIFE invest in?

Accepted Answer

LIFE's largest sector exposures are Healthcare (100.0%), Basic Materials (0.0%), Consumer Cyclicals (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is LIFE? (Assets under management)

Accepted Answer

LIFE has approximately $277M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was LIFE launched?

Accepted Answer

LIFE was launched on October 23, 2017, giving it a 9-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy LIFE in Canada?

Accepted Answer

LIFE trades on the TSX under the ticker LIFE. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is LIFE?

Accepted Answer

LIFE has a 1-year volatility of 12.80% and a beta of 0.91 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.19 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-20	$18.64	$18.67	$18.43	$18.43	$18.43	14,862
2026-08-19	$18.36	$18.73	$18.36	$18.73	$18.73	61,604
2026-08-18	$18.08	$18.32	$18.08	$18.29	$18.29	29,872
2026-08-17	$18.00	$18.07	$17.95	$18.02	$18.02	9,737
2026-08-14	$18.14	$18.14	$18.00	$18.03	$18.03	5,061
2026-08-13	$18.16	$18.16	$18.10	$18.13	$18.13	2,091
2026-08-12	$18.05	$18.16	$18.05	$18.16	$18.16	7,833
2026-08-11	$18.12	$18.25	$18.12	$18.12	$18.12	10,342
2026-08-10	$17.90	$18.19	$17.90	$18.19	$18.19	11,439
2026-08-07	$17.88	$18.00	$17.78	$18.00	$18.00	17,003

#	Ticker	Name	Weight
1	BMY	Bristol-Myers Squibb Company	5.54%
2	TMO	Thermo Fisher Scientific Inc	5.49%
3	ABT	Abbott Laboratories	5.42%
4	AMGN	Amgen Inc	5.16%
5	PFE	Pfizer Inc	5.13%
6	SYK	Stryker Corporation	5.09%
7	MDT	Medtronic PLC	5.07%
8	RHHBY	Roche Holding Ltd ADR	5.05%
9	MRK	Merck & Company Inc	4.95%
10	GILD	Gilead Sciences Inc	4.94%

Sector	Weight
Healthcare	100.00%
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Utilities	0.00%

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CIBC Investor's Edge

Evolve Global Healthcare Enhanced Yield Fund Hedged Units (LIFE : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Evolve Global Healthcare Enhanced Yield Fund Hedged Units

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