Brand Leaders Income Fund

Brand Leaders Income Fund

Brand Leaders Income Fund
Date Symbol NAV($)
  • Distribution
  • Total($)

Link to commentary Quarterly Summary

Link to prospectus Prospectus Eng | Fr

Fund Quick Facts March 31, 2017

TSX Code HBL.UN
Total AUM $8.4 million
Management Fee 0.90%
Total Holdings 18
Income Distribution Monthly
Recent Distribution $0.065
Distribution Method Cash
RSP Eligible Yes
 

Top Ten Holdings

As of March 31, 2017

Security Portfolio (%)
Johnson & Johnson 7.1
PepsiCo, Inc. 6.9
Kimberly-Clark Corporation  6.9
Starbucks Corporation 6.8
Alphabet Inc. Class A 6.7
The Walt Disney Company 6.7
JPMorgan Chase & Co. 6.6
Microsoft Corporation 6.5
Deere & Company 6.4
Apple Inc. 6.4

Fund Overview

The Fund invests in an equally-weighted portfolio of equity securities of 15 Brand Leaders from the Brand Leaders Investable Universe that have a minimum market capitalization of US$10 billion at the time of investment and meet certain investment characteristics. The portfolio is rebalanced annually back to equal weights.

The Fund’s investment objectives are to provide Unitholders with: (i) monthly cash distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of Portfolio returns than would otherwise be experienced by owning Equity Securities of the Brand Leaders directly.

In order to seek to generate additional returns, the Investment Manager will sell “at-the-money” call options each month on Equity Securities held in the Portfolio.

The Fund’s distribution target is $0.065 per Unit per month ($0.78 per annum).

Cumulative Growth $10,000 Invested

As of March 31, 2017 (based on NAV)

HBL Cumulative Growth

Portfolio Management

Paul MacDonald Harvest Portfolios Group Inc.

PAUL MACDONALD, CFA

Chief Investment Officer

 

Portfolio Manager

JAMES LEARMONTH, CFA

Portfolio Manager

MIKE DRAGOSITS, CFA

Investment Associate

Investor Suitability

Investors seeking a regular income through investment in the worlds leading brand companies.

Investors seeking to hold their investment for medium to long term.

Historical Prices

 

 

Historical Distributions

 

 

Portfolio Holdings

Brand Leaders Income Fund
Quarterly Portfolio Holdings
as of March 31, 2017

Security % of Portfolio
Johnson & Johnson 7.1
PepsiCo, Inc. 6.9
Kimberly-Clark Corporation 6.9
Starbucks Corporation 6.8
Alphabet Inc. Class A 6.7
The Walt Disney Company 6.7
JP Morgan Chase & Co. 6.6
Microsoft Corporation 6.5
Deere & Company 6.4
Apple Inc. 6.4
International Business Machines Corporation 6.4
General Electric Company 6.3
Royal Dutch Shell PLC Class A ADR 6.2
Intel Corporation 6.2
United Parcel Service, Inc., Class B 5.8
Cash and other assets and liabilities 2.5
Foreign Currency Forward 0.0
Options (0.3)

Financial Documents

2013

December 31 2013 Annual Management Report of Fund Performance

December 31 2013 Financial Statements

2013 Annual Report to Securityholders

December 31, 2013 Fund Commentary

September 30, 2013 Fund Commentary

June 30, 2013 Interim Management Report of Fund Performance and Interim Financial Statements

June 30, 2013 Fund Commentary

March 31, 2013 Fund Commentary

Press Releases

Disclaimer

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the TSX. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. 100% of distributions are received in cash. If the Fund earns less than the amount distributed, the difference is a return of capital. The current yield is calculated based on the market price of the Fund.

The information contained herein is not an offer to sell nor a solicitation to buy any security. Such an offer can only be made by prospectus or other applicable offering document.