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Evolve changes risk ratings for some ETFs

By The IJ Staff | April 08 2019 01:30PM

Evolve Funds Group has announced the following changes to the risk ratings of certain exchange traded funds.

The risk rating for Evolve Cyber Security Index Fund (CYBR.B) decreased from "Medium to High" to "Medium". The risk rating for the Evolve North American Gender Diversity Index Fund (HERS.B) decreased from "Medium" to "Low to Medium". The risk rating for the Evolve Automobile Innovation Index Fund (CARS, CARS.U) increased from "Medium to High" to "High". Finally, the risk rating for the Evolve US Banks Enhanced Yield Fund (CALL) has increased from "Medium to High" to "High".

No changes have been made to the investment objectives or strategies of these ETFs as a result of the changes to the risk ratings.

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