Global Advantaged Telecom & Utilities Income Fund

Global Telecom & Utilities Income Fund

Global Telecom and Utilities Income Fund
Date Symbol NAV($)
  • Distribution
  • Total($)
Link to commentary Quarterly Summary
 

Link to prospectus Prospectus Eng | Fr

Fund Quick Facts April 30, 2017

TSX Code HGI.UN
Total AUM $6.5 million
Management Fee 1.25%
Total Holdings 31
Income Distribution Monthly
Recent Distribution $0.06
Distribution Method Cash
Eligible RRSP/RRIF/RESP/TFSA
 

Top Ten Holdings

As of April  30, 2017

Security Portfolio (%)
Vivendi SA 7.0
Ameren Corporation 5.7
Verizon Communications Inc. 5.3
AT&T Inc. 5.3
United Utilities Group PLC   4.8
ProSiebenSat.1 Media AG   4.7
PPL Corporation 4.6
TELUS Corporation 4.4
Sky PLC 4.4
National Grid PLC 4.2

Fund Overview

The Fund has been established to provide investors with exposure to an actively managed portfolio (the “Portfolio”) comprised primarily of equities of Global Telecom Issuers and Global Utilities Issuers.

The Fund’s Investment Objectives are to provide Unitholders with:

  1. monthly distributions targeted to be $0.06 per Unit ($0.72 per annum); and
  2. capital appreciation.

Cumulative Growth $10,000 Invested

As of March 31, 2017 (based on NAV)

HGI 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 and potential for capital appreciation through investments in global telecom and global utilities companies

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

Historical Prices

 

 

Historical Distributions

 

 

Portfolio Holdings

Global Telecom & Utilities Income Fund
Top 25 Quarterly Portfolio Holdings
as of March 31, 2017

Security % of Portfolio
Vivendi SA 6.8
Ameren Corporation 5.7
Verizon Communications Inc.  5.6
AT&T Inc.    5.5
ProSiebenSat.1 Media AG 4.9
United Utilities Group PLC 4.7
PPL Corporation 4.5
TELUS Corporation 4.3
Sky PLC 4.1
National Grid PLC    4.1
Duke Energy Corporation 4.0
Gas Natural SDG, SA 3.9
Veolia Environnement SA  3.8
Spark New Zealand Limited 3.8
Terna – Rete Elettrica Nazionale SpA 3.5
EDP – Energias de Portugal, SA 3.2
Iberdrola, SA 3.2
Deutsche Telekom AG 3.0
Inter Pipeline Ltd. 2.8
Endesa, S.A. 2.8
SSE PLC 2.7
Mediaset S.p.A. 2.4
Telefonica, S.A. 2.1
Vodafone Group Public Limited Company 2.1
Telecom Italia S.p.A. 1.5

Financial Documents

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 associated 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 reduced the 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.