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 $17.36 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: -10.24%, 1-year: +11.83%, 3-year annualised: +6.50%, 5-year annualised: +4.65%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.26, 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 12.62%, 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 $275M 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 12.88% and a beta of 0.92 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.26 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
2026-09-10	$17.46	$17.46	$17.35	$17.36	$17.36	22,998
2026-09-09	$17.50	$17.55	$17.45	$17.46	$17.46	29,109
2026-09-08	$17.86	$17.86	$17.52	$17.54	$17.54	62,367
2026-09-04	$18.26	$18.26	$18.10	$18.16	$18.16	18,000
2026-09-03	$18.32	$18.37	$18.16	$18.37	$18.37	33,814
2026-09-02	$18.24	$18.36	$18.24	$18.28	$18.28	42,165
2026-09-01	$18.27	$18.27	$18.11	$18.16	$18.16	9,763
2026-08-31	$18.17	$18.17	$18.03	$18.11	$18.11	26,100
2026-08-28	$18.39	$18.39	$18.29	$18.37	$18.37	19,095
2026-08-27	$18.54	$18.54	$18.36	$18.39	$18.39	16,112

#	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%

Ticker	Name	Price	1D
OILU		$65.56	+11.27%
HOU	BetaPro Crude Oil Daily Bull ETF	$29.03	+11.14%
SLVD	BetaPro Silver -2x Daily Bear ETF	$31.94	+10.98%
CGMD		$5.11	+10.61%
SOXD		$15.41	+7.69%
AAPU		$43.36	+7.33%
MSTZ		$3.24	+7.28%
GASD		$5.46	+6.64%

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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Frequently Asked Questions — LIFE