US Equity Plus Income ETF
|Date||Symbol||NAV ($)||NAV Change ($)||MKT ($)||MKT Change ($)||Distribution Total ($)|
|Formerly US Buyback Leaders ETF|
Fund Quick Facts August 31, 2017
|TSX Code||HUL | HUL.U|
|Net AUM||$19.1 million|
|Distribution Method||Cash or DRIP|
Portfolio Analysis* August 31, 2017
|Average Market Capitalization (USD)||$127.8B|
|Number of Equity Securities||25|
|Average Dividend Yield||1.96%|
|5 Year Average Return on Equity||32.89%|
Top Ten Holdings
August 31, 2017
|Cash and other assets and liabilities||7.2|
|Gilead Sciences, Inc.||4.2|
|Brown-Forman Corp Class B||4.1|
|United Parcel Service, Inc., Class B||3.8|
|The Goldman Sachs Group, Inc.||3.7|
The Fund invests in an equally-weighted Portfolio of Equity Securities of 25 Issuers selected from the top 100 issuers with the largest dollar amount of shares repurchased over the prior four quarters for which information is publicly available relative to the issuer's current market capitalization that meet the following criteria: (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 U.S.; (iv) pay a dividend; and (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
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 quarterly income through a diversified investment in US securities.
Investors seeking to hold their investment for medium to long term.
US Equity Plus Income ETF (Formerly US Buyback Leaders ETF)
Quarterly Portfolio Holdings
as of June 30, 2017
|Security||% of Portfolio|
|The Allstate Corporation||4.1|
|The Bank of New York Mellon Corporation||4.1|
|Quest Diagnostics Inc.||4.0|
|Valero Energy Corporation||3.9|
|JPMorgan Chase & Co.||3.9|
|Gilead Sciences, Inc.||3.9|
|Northrop Grumman Corporation||3.9|
|Illinois Tool Works Inc.||3.9|
|The Walt Disney Company||3.9|
|United Parcel Service, Inc., Class B||3.9|
|United Technologies Corp.||3.8|
|Union Pacific Corp.||3.8|
|CBS Corporation Class B NON-VOTING||3.8|
|The Goldman Sachs Group, Inc.||3.8|
|General Mills Inc.||3.8|
|Texas Instruments Incorporated||3.7|
|ConAgra Brands Inc.||3.6|
|Cash and other assets and liabilities||3.5|
July 1, 2016 to June 30, 2017
US Equity Plus Income ETF
The Fund was originally named US Buyback Leaders Fund and commenced operations as a TSX listed closed-end fund on March 25, 2015 and converted into an exchange-traded fund on October 24, 2016. On June 22, 2017, US Buyback Leaders ETF changed its name to US Equity Plus Income ETF. 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 Fund is not guaranteed, its value changes 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.