Energy Leaders Plus Income ETF
|Date||Symbol||NAV ($)||NAV Change ($)||MKT ($)||MKT Change ($)||Distribution Total ($)|
Fund Quick Facts August 31, 2017
|TSX Code||HPF | HPF.U|
|Net AUM||$26.8 million|
|Distribution Method||Cash or DRIP|
Portfolio Analysis* August 31, 2017
|Average Market Capitalization (USD)||$80.0B|
|Number of Equity Securities||20|
|Average Dividend Yield||3.36%|
|5 Year Average Return on Equity||9.19%|
Top Ten Holdings
August 31, 2017
|TOTAL SA ADR||5.3|
|Royal Dutch Shell PLC Class A ADR||5.2|
|Canadian Natural Resources Limited||5.1|
|Valero Energy Corporation||5.1|
|Occidental Petroleum Corporation||5.0|
|Kinder Morgan, Inc.||5.0|
The Fund invests in an equally weighted portfolio of Equity Securities of 20 Energy Issuers chosen from the Energy Leaders Investable Universe that (i) have a minimum market capitalization of at least $10 billion (ii) are paying a dividend/distribution; (iii) have options in respect of their Equity Securities listed on a recognized options exchange; and (iv) have operations and/or offices in at least two countries. In order to provide a more diversified exposure for Canadian investors that are seeking exposure to the energy sector, the Fund aims to focus on Energy Leaders with operations and/or offices outside of Canada. The portfolio is rebalanced quarterly back to equal weights.
The Fund’s investment objectives are to provide Unitholders with: (i) monthly cash distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of Portfolio returns than would otherwise be experienced by owning Equity Securities of the Energy Leaders directly.
In order to seek to generate additional returns, the Investment Manager will not sell call options on more than 33% of the Equity Securities of any of the Energy Leaders held in the Portfolio.
The Fund’s distribution target is $0.0583 per Class A unit per month ($0.70 per annum) or US$0.0583 per Class U Unit per Month (US$0.70 per annum)
Cumulative Growth $10,000 Invested
June 30, 2017 (NAV pricing)
|Harvest Portfolios Group Inc.
PAUL MACDONALD, CFA
Chief Investment Officer
JAMES LEARMONTH, CFA
MIKE DRAGOSITS, CFA
Associate Portfolio Manager
Investors seeking a regular income through investment in the worlds leading Energy companies.
Investors seeking to hold their investment for medium to long term.
Energy Leaders Plus ETF
Quarterly Portfolio Holdings
as of March 31, 2017
|Security||% of Portfolio|
|Valero Energy Corporation||5.3|
|Kinder Morgan, Inc.||5.2|
|Total SA ADR||5.1|
|Baker Hughes Incorporated||5.0|
|Exxon Mobil Corporation||5.0|
|Devon Energy Corp.||4.9|
|EOG Resources Inc.||4.9|
|Occidental Petroleum Corporation||4.9|
|BP PLC ADR||4.8|
|Canadian National Resources Limited||4.8|
|Anadarko Petroleum Corp.||4.6|
|Royal Dutch Shell PLC Class A ADR||4.6|
|Cash and other assets and liabilities||3.6|
|Foreign Currency Schedule||0.0|
|November 15, 2016||Energy Leaders Plus Income ETF Announces Distributions|
|September 19, 2016||Harvest Portfolios Group Inc. Announces Approval of ETF Conversions|
|August 18, 2016||Harvest Portfolios Group Inc. Announces Unitholder Meetings|
|June 10, 2016||Energy Leaders Plus Income Fund Announces Successful Overnight Offering|
|May 26, 2016||Energy Leaders Plus Income Fund Announces Successful Offering|
|May 25, 2016||Energy Leaders Plus Income Fund Announces Overnight Offering|
|November 20, 2014||Energy Leaders Plus Income Fund Raises Additional Proceeds as the Over-Allotment Option|
|October 21, 2014||Energy Leaders Plus Income Fund closes its $38.7 million Initial Public Offering|
|September 25, 2014||Energy Leaders Plus Income Fund files Final Prospectus|
|September 3, 2014||Energy Leaders Plus Income Fund files Preliminary Prospectus|
July 1, 2016 to June 30, 2017
Energy Leaders Plus Income ETF
The Fund originally commenced operations as a TSX listed closed-end fund on October 21, 2014 and converted into an exchange-traded fund on October 24, 2016. Commissions, management fees and expenses all may be associated with investing in HARVEST Exchange Traded Funds. Please read the relevant prospectus before investing. 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 have reduced returns. The 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 Class A or Class U units of the Fund. If the Fund earns less than the amounts distributed, the difference is a return of capital. Tax, investment and all other decisions should be made with guidance from a qualified professional.
*Source: Bloomberg. Average statistics calculated based on portfolio weighted average. Dividend yield based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. P/E calculated based on Bloomberg consensus 12 month forward earnings estimates. Return on Equity (ROE) based on 5 year trailing average ROE. The above information is for illustrative purposes only, is estimated and unaudited.