Tech Achievers Growth & Income ETF
|Date||Symbol||NAV ($)||NAV Change ($)||MKT ($)||MKT Change ($)||Distribution Total ($)|
Fund Quick Facts July 31, 2017
|TSX Code||HTA | HTA.U|
|Net AUM||$30.5 million|
|Distribution Method||Cash or DRIP|
Portfolio Analysis* July 31, 2017
|Average Market Capitalization (USD)||$200.4B|
|Number of Equity Securities||20|
|Average Dividend Yield||1.42%|
|5 Year Average Return on Equity||20.50%|
Top Ten Holdings
July 31, 2017
|Cash and other assets and liabilities||7.4|
|Alphabet Inc. Class A||4.8|
|Automatic Data Processing Inc.||4.7|
|Texas Instruments Incorporated||4.7|
|Western Digital Corporation||4.7|
|Accenture PLC Class A||4.7|
|Red Hat, Inc.||4.7|
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
June 30, 2017 (based on NAV)
|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 leading technology companies.
Investors seeking to hold their investment for medium to long term.
Tech Achievers Growth & Income ETF
Quarterly Portfolio Holdings
as of June 30, 2017
|Security||% of Portfolio|
|Alibaba Group Holdings Limited ADR||5.7|
|Red Hat Inc.||5.3|
|Automatic Data Processing Inc.||5.0|
|International Business Machines Corporation||5.0|
|Accenture PLC Class A||5.0|
|Facebook, Inc. Class A||5.0|
|Cisco Systems, Inc.||4.9|
|Adobe Systems Incorporated||4.9|
|Western Digital Corporation||4.8|
|Texas Instruments Incorporated||4.6|
|Alphabet Inc. Class A||4.5|
|Lam Research Corporation||4.5|
|Cash and other assets and liabilities||3.8|
|Foreign Currency Forward Contract||0.0|
July 1, 2015 to June 30, 2016
The Fund originally commenced operations as a TSX listed closed-end fund on May 26, 2015 and converted into an exchange-traded fund on June 22, 2017. 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 the 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.