US Buyback Leaders ETF

US Buyback Leaders ETF

US Buyback Leaders ETF
Date Symbol NAV ($) NAV Change ($) MKT ($) MKT Change ($) Distribution Total ($)

Fund Quick Facts January 31, 2017

TSX Code HUL  |  HUL.U
Cusip HUL 90352F101
Cusip HUL.U 90352F119
Total AUM $22.6 million
Management Fee 0.75%
Total Holdings 27
Income Distribution Quarterly
Recent Distribution $0.10
Distribution Method Cash
RSP Eligible Yes
 
 

Top Ten Holdings

As of January 31, 2017

Security Portfolio (%)
Northrop Grumman Corporation 4.0
Gilead Science, Inc. 4.0
The Walt Disney Company 4.0
Cummins Inc. 4.0
General Mills Inc. 4.0
The Allstate Corporation 4.0
The Bank of New York Mellon Corporation 3.9
CBS Corporation Class B NON VOTING 3.9
Corning Incorporated 3.9
General Electric Company 3.9

Fund Overview

The Fund invests in an equally-weighted Portfolio of Equity Securities of 25 Issuers selected from the top 100 issuers in the US Buyback Leaders Investable Universe with the highest Buyback Ratio that (i) are included in the S&P 500 Index; (ii) have a market capitalization of at least US$10 billion as determined at the time of investment; (iii) are incorporated in the United States of America; (iv) are paying a dividend; (v) have bought back their shares within the prior four quarters as determined at the time of investment.

The Fund’s investment objectives are to provide Unitholders with: (i) the opportunity for capital appreciation; and (ii) quarterly cash distributions. 

The Fund’s distribution target is $0.10 per Class A unit quarterly ($0.40 per annum) or US$0.10 per Class U Unit quarterly (US$0.40 per annum)

Cumulative Growth $10,000 Invested

December 31, 2016 (NAV pricing)

HUL
HUL U

Downloads

Link to prospectus Why Invest

Link to prospectus Quarterly Summary

Link to prospectus Prospectus Eng | Fr

Link to prospectus Prospectus Amendment No. 1 Eng | Fr

Link to prospectus Summary Documents  HUL EngFr

Link to prospectus Summary Documents  HUL.U Eng | Fr

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 quarterly income through investment in US securities with the highest share buyback ratios.

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

 

 

Historical Prices

 

 

Historical Distributions

 

 

Portfolio Holdings

US Buyback Leaders ETF
Quarterly Portfolio Holdings
as of December 31, 2016

Security % of Portfolio
Host Hotels & Resorts Inc. 4.5
The Goldman Sachs Group, Inc. 4.4
Marriott International, Inc. Class A 4.3
Bank of America Corporation 4.3
Valero Energy Corporation 4.1
Northrop Grumman Corporation 4.0
The Travelers Companies, Inc. 4.0
Union Pacific Corp. 4.0
Motorola Solutions, Inc. 4.0
CBS Corporation Class B NON-VOTING 3.9
The Boeing Co. 3.8
AbbVie Inc. 3.8
The Allstate Corporation 3.8
United Technologies Corp. 3.8
General Electric Company 3.7
Cummins Inc. 3.7
McDonald's Corporation 3.7
American International Group, Inc 3.7
Twenty-First Century Fox Inc. 3.7
Corning Incorporated 3.7
Microsoft Corporation 3.6
Macy's, Inc. 3.6
Apple Inc. 3.6
QUALCOMM Incorporated 3.4
Gilead Sciences, Inc. 3.4

Disclaimer

US Buyback Leaders ETF

The Fund originally commenced operations as a TSX listed closed-end fund on March 25, 2015 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.  100% of distributions are received in cash. 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.

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