Energy Leaders Income Fund
Releases Proxy Tax
Fund Quick Facts April 30, 2017
|Total AUM||$4.2 million|
Top Ten Holdings
As of April 30, 2017
|Valero Energy Corporation||6.9|
|Exxon Mobil Corporation||6.8|
|BP PLC ADR||6.7|
|Royal Dutch Shell PLC Class A ADR||6.7|
|TOTAL SA ADR||6.6|
The Fund invests in an equally-weighted portfolio (the “Portfolio”) of Equity Securities of 15 Energy Issuers listed on a North American stock exchange that have the following characteristics: a market capitalization of at least $10 billion determined at the time of investment; are currently paying a dividend/distribution; are eligible to have options written on their equity securities; and operations and/or offices in at least two countries. The portfolio is rebalanced quarterly back to equal weights.
The investment objectives of the Fund are to provide Unitholders with (i) monthly cash distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of the Portfolio returns than would otherwise be experienced by owning the Equity Securities held by the Fund directly; by investing in the Portfolio and writing covered call options on up to 33% of the equity securities of each Energy Issuer held in the Portfolio.
The Distribution is targeted to be $0.07 per Trust Unit per month ($0.84 per annum)
Cumulative Growth $10,000 Invested
As of March 31, 2017 (based on NAV)
|Harvest Portfolios Group Inc.
PAUL MACDONALD, CFA
Chief Investment Officer
JAMES LEARMONTH, CFA
MIKE DRAGOSITS, CFA
Investors seeking a regular income and potential for capital appreciation through investments in leading global energy companies Investors seeking to hold their investment for medium to long term.
Energy Leaders Income Fund
Quarterly Portfolio Holdings
as of March 31, 2017
|Security||% of Portfolio|
|National Oilwell Varco, Inc.||7.2|
|Valero Energy Corporation||7.0|
|TOTAL SA ADR||6.9|
|Exxon Mobil Corporation||6.7|
|Royal Dutch Shell PLC Class A ADR||6.6|
|BP PLC ADR||6.5|
|Anadarko Petroleum Corp.||6.4|
|Occidental Petroleum Corporation||6.3|
|Cash and other assets and liabilities||5.8|
|Cenovus Energy Inc.||5.5|
|The Williams Companies, Inc.||5.2|
|Foreign Currency Forward||0.0|
December 18, 2015
June 22, 2015
June 8, 2015
January 8, 2015
|June 20, 2012||Energy Leaders Income Fund Announces Normal Course Issuer Bid|
|May 18, 2012||Energy Leaders Income Fund closes its $27.6 million Initial Public Offering|
|April, 30, 2012||Energy Leaders Income Fund Files Final Prospectus|
|March 29, 2012||Energy Leaders Income Fund Files Preliminary Prospectus|
July 1, 2015 to June 30, 2016
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 to 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.