Tech Achievers Growth & Income Fund

Tech Achievers Growth & Income Fund

Tech Achiever Growth and Income Fund
Date Symbol NAV($)
  • Distribution
  • Total($)

Fund Quick Facts May 31, 2017

TSX Code HTA.UN
Total AUM $45.9 million
Management Fee 1.00%
Total Holdings 23
Income Distribution Monthly
Distribution $0.0583
Distribution Method Cash or DRIP
Eligible RRSP/RRIF/RESP/TFSA

Top Ten Holdings

May 31, 2017

Security Portfolio (%)
Automatic Data Processing Inc. 5.0
Accenture PLC Class A 5.0
Intuit Inc. 5.0
Texas Instruments Incorporated 5.0
Facebook, Inc. Class A 4.9
Visa Inc. 4.9
International Business Machines Corporation 4.9
Oracle Corporation 4.9
Intel Corporation 4.9
Red Hat, Inc. 4.9

Fund Overview

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

The Fund will invest in an equally-weighted Portfolio of Equity Securities of 20 Technology Issuers, which are issuers listed on a North American stock exchange that are included in the information technology, health care equipment, health care technology,  wireless telecommunication services or electrical components and equipment sub-sectors of the Global Industry Classification Standards and whose underlying business includes, but is not limited to, the provision of technology related goods and services and that at the time of investment (i) have a market capitalization of at least US$10 billion, and (ii) have options in respect of their Equity Securities listed on a recognized options exchange.

The indicative distribution amount will be $0.0583 per Unit per month ($0.70 per annum), representing an annual cash distribution of 7% based on the per Unit issue price.

Cumulative Growth $10,000 Invested

March 31, 2017 (based on NAV) Harvest Tech Achievers Income Fund Growth Chart

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 leading technology companies.

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

Meeting Notice and Details

Meeting Notice  Meeting Notice

Information Circular  Information Circular

Historical Prices

 

Historical Distributions

 

Portfolio Holdings

Tech Achievers Growth & Income Fund
Quarterly Portfolio Holdings
as of March 31, 2017

Security % of Portfolio
Red Hat Inc. 5.5
Adobe Systems Incorporated 5.4
Lam Research Corporation 5.3
Alibaba Group Holdings Limited ADR 5.1
QUALCOMM Incorporated 5.0
Visa Inc. 5.0
Oracle Corporation 4.9
Cisco Systems, Inc. 4.9
Intuit Inc. 4.9
Texas Instruments Incorporated 4.9
Western Digital Corporation 4.9
Accenture PLC Class A 4.9
Alphabet Inc. Class A 4.9
Microsoft Corporation 4.8
International Business Machines Corporation 4.7
Broadcom Ltd. 4.5
Intel Corporation 4.5
Facebook, Inc. Class A 4.5
Apple Inc. 4.5
Automatic Data Processing Inc. 4.3
Cash and other assets and liabilities 2.9
Foreign Currency Schedule 0.0
Options (0.5)

Disclaimer

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the TSX. If 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. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into the Fund. 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.