Tech Achievers Growth & Income Fund

Tech Achievers Growth & Income Fund

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

Fund Quick Facts January 31, 2017

TSX Code HTA.UN
Total AUM $41.6 million
Management Fee 1.00%
Total Holdings 23
Income Distribution Monthly
Distribution $0.0583
Distribution Method Cash or DRIP
RSP Eligible Yes

Top Ten Holdings

As of January 31, 2017

Security Portfolio (%)
Red Hat Inc. 5.1
Intuit Inc. 5.0
Alibaba Group Holding Limited ADR 5.0
Adobe Systems Incorporated 5.0
Oracle Corporation 5.0
Apple Inc. 5.0
Facebook, Inc. Class A 5.0
Western Digital Corporation 5.0
Accenture PLC Class A 5.0
Cisco Systems, Inc.  5.0

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

As of December 31, 2016 (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

Investor Suitability

Investors seeking a regular income through investment in leading technology companies.

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

Historical Prices

 

Historical Distributions

 

Portfolio Holdings

Tech Achievers Growth & Income Fund
Quarterly Portfolio Holdings
as of December 31, 2016

Security % of Portfolio
Automatic Data Processing Inc. 5.4
Microsoft Corporation 5.4
Intuit Inc. 5.3
International Business Machines Corporation 5.1
Broadcom Ltd. 5.1
Lam Research Corporation 5.0
Texas Instruments Incorporated 5.0
Oracle Corporation 5.0
QUALCOMM Incorporated 5.0
Cisco Systems, Inc. 4.9
Apple Inc. 4.9
Red Hat Inc. 4.8
Adobe Systems Incorporated 4.8
Intel Corporation 4.8
Alphabet Inc. Class A 4.8
Visa Inc. 4.8
Baidu, Inc.,  SPON ADR 4.7
Accenture PLC Class A 4.5
Facebook, Inc. Class A 4.4
Medtronic PLC 4.2
Cash and other assets and liabilities 2.0
Foreign Currency Forward 0.0
Options (0.2)

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.