Tech Achievers Growth & Income Fund
Fund Quick Facts January 31, 2017
|Total AUM||$41.6 million|
|Distribution Method||Cash or DRIP|
Top Ten Holdings
As of January 31, 2017
|Red Hat Inc.||5.1|
|Alibaba Group Holding Limited ADR||5.0|
|Adobe Systems Incorporated||5.0|
|Facebook, Inc. Class A||5.0|
|Western Digital Corporation||5.0|
|Accenture PLC Class A||5.0|
|Cisco Systems, Inc.||5.0|
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 Portfolios Group Inc.
PAUL MACDONALD, CFA
Chief Investment Officer
JAMES LEARMONTH, CFA
Investors seeking a regular income through investment in leading technology companies.
Investors seeking to hold their investment for medium to long term.
Tech Achievers Growth & Income Fund
Quarterly Portfolio Holdings
as of December 31, 2016
|Security||% of Portfolio|
|Automatic Data Processing Inc.||5.4|
|International Business Machines Corporation||5.1|
|Lam Research Corporation||5.0|
|Texas Instruments Incorporated||5.0|
|Cisco Systems, Inc.||4.9|
|Red Hat Inc.||4.8|
|Adobe Systems Incorporated||4.8|
|Alphabet Inc. Class A||4.8|
|Baidu, Inc., SPON ADR||4.7|
|Accenture PLC Class A||4.5|
|Facebook, Inc. Class A||4.4|
|Cash and other assets and liabilities||2.0|
|Foreign Currency Forward||0.0|
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 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.