Evolve Funds Group has launched US dollar denominated unhedged ETF units (USD Unhedged ETF Units) of the Evolve Cyber Security Index Fund (CYBR), making it more convenient for Canadians who want to use US dollars to invest.
The Evolve Cyber Security Index Fund has closed its initial offering of USD Unhedged ETF Units and will begin trading on the Toronto Stock Exchange (TSX) under the ticker symbol CYBR.U.
CYBR.U follows the launch of Canadian dollar hedged (TSX: CYBR) and Canadian dollar unhedged (TSX: CYBR.B) ETF units on 20 September, 2017.
CYBR.B, the Canadian dollar unhedged ETF unit of the Evolve Cyber Security Index Fund, was Canada’s top-performing equity ETF for the 2018 calendar year. CYBR.B was Canada’s top performer out of 510 equity ETFs.