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 $16.51 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: -14.63%, 1-year: +3.91%, 3-year annualised: +3.78%, 5-year annualised: +4.75%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.06, 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 13.37%, 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 Novo Nordisk A/S (NVO, 5.7%), AbbVie Inc (ABBV, 5.2%), Bristol-Myers Squibb Company (BMY, 5.2%), Intuitive Surgical Inc (ISRG, 5.1%), Roche Holding Ltd ADR (RHHBY, 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 $248M 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 12.38% and a beta of 0.98 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.06 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
2026-06-02	$16.65	$16.65	$16.40	$16.51	$16.51	51,921
2026-06-01	$16.94	$16.94	$16.66	$16.79	$16.79	41,739
2026-05-29	$17.12	$17.12	$16.95	$16.98	$16.98	13,800
2026-05-28	$17.08	$17.28	$17.08	$17.25	$17.25	23,682
2026-05-27	$17.05	$17.25	$17.05	$17.13	$17.13	31,335
2026-05-26	$17.37	$17.37	$17.12	$17.12	$17.12	28,204
2026-05-25	$17.39	$17.48	$17.36	$17.45	$17.45	20,137
2026-05-22	$17.14	$17.29	$17.14	$17.24	$17.24	13,772
2026-05-21	$17.07	$17.16	$16.99	$17.15	$17.15	29,264
2026-05-20	$17.00	$17.10	$16.99	$17.06	$17.06	32,555

#	Ticker	Name	Weight
1	NVO	Novo Nordisk A/S	5.71%
2	ABBV	AbbVie Inc	5.25%
3	BMY	Bristol-Myers Squibb Company	5.17%
4	ISRG	Intuitive Surgical Inc	5.08%
5	RHHBY	Roche Holding Ltd ADR	5.08%
6	PFE	Pfizer Inc	5.04%
7	SNY	Sanofi ADR	5.03%
8	LLY	Eli Lilly and Company	5.01%
9	AMGN	Amgen Inc	4.99%
10	JNJ	Johnson & Johnson	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%

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

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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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