FNB Evolve, the Canadian ETF provider known as Evolve ETFs, marked the new TSX listing of its Global Defence and Aerospace Index ETF (TSX: CAMO) with a market-open ceremony on November 9, 2026. The fund is designed to give Canadian investors exposure to a diversified basket of global defence and aerospace companies, with a focus on holdings outside the United States. The listing expands Evolve's growing suite of thematic ETFs and may attract investors seeking international exposure to defence-sector growth.

Key Points

  • FNB Evolve / Evolve ETFs (TSX: CAMO) is a Canadian ETF provider with over $9 billion in assets under management
  • Evolve officially listed its Global Defence and Aerospace Index ETF under the ticker CAMO on the Toronto Stock Exchange
  • CAMO tracks the Solactive Global Leaders Defense & Aerospace Index, targeting aircraft, weapons systems, and military technology manufacturers primarily outside the U.S.
  • Investors may watch trading volumes and fund flows as CAMO establishes itself in the defence-themed ETF space on the TSX

CAMO's Market-Open Ceremony Marks Defence ETF Debut on the TSX

Raj Lala, President and Chief Executive Officer of Evolve, joined Keith Wu, Head of Exchange Traded Products at the Toronto Stock Exchange, to open the markets and celebrate the new listing. The ceremony highlighted the launch of the Global Defence and Aerospace Index ETF under the ticker CAMO. The company did not disclose the management expense ratio, initial net asset value, or any specific fund-flow figures in the announcement. The immediate share price impact was not clear from available public information.

How CAMO's Portfolio Strategy Targets Global Defence Leaders

The release states that CAMO invests in a diversified basket of global defence and aerospace companies, with the majority of holdings situated outside the United States. The fund targets businesses that manufacture aircraft, weapons systems, and military technologies relied upon by governments worldwide. To pursue its investment objective, CAMO currently seeks to replicate the Solactive Global Leaders Defense & Aerospace Index, or any successor index. The announcement did not provide details on the number of holdings, geographic allocation weightings, or rebalancing frequency.

Evolve's $9 Billion AUM Platform Behind the New Listing

Evolve reported assets under management of more than $9 billion at the time of the announcement, positioning the firm as a significant player in Canada's ETF industry. The company describes its offering as spanning index-based income-generation strategies, long-term investment themes, and access to globally recognised investment managers. The release states that Evolve was established by a team of experienced industry veterans. The addition of CAMO reflects the firm's stated focus on delivering innovative thematic products to Canadian investors.