Key Facts
As at 2024/05/15
TICKER
HIND
TSX
CURRENCY
CAD-Unhedged
or Partially CAD Hedged
NAV
$11.87
Updated Daily
MKT PRICE CLOSE
$11.86
Updated Daily
HOLDINGS
20
Equity Securities
MGMT STYLE
Active
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
DISTRIBUTION
$0.0700
Cash, Per unit
FIRST DISTRIBUTION
May 31
2024
INCEPTION DATE
April 15
2024
Key Facts
As at 2024/04/15
TICKER
HIND
TSX
CURRENCY
CAD-Unhedged
or Partially CAD Hedged
NAV
$11.87
Updated Daily
MKT PRICE CLOSE
$11.86
Updated Daily
HOLDINGS
20
Equity Securities
MGMT STYLE
Active
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
DISTRIBUTION
$0.0700
Cash, Per unit
FIRST DISTRIBUTION
May 31
2024
INCEPTION DATE
April 15
2024
Portfolio Analysis‡
As at April 30, 2024
Number of Equity Securities: 20 |
Average Market Capitalization (CAD): $119B |
Average Dividend Yield: 1.30% |
Average P/E: 23.8x |
Average 5 Year Return on Equity: 31.93% |
_
|
As at April 30, 2024 |
As at April 30, 2024 |
Holdings
As at April 30, 2024
Name | Ticker | Weight | Sector | Country |
---|---|---|---|---|
Delta Air Lines, Inc. | DAL US | 5.4% | Passenger Airlines | United States |
General Electric Company | GE US | 5.2% | Aerospace & Defense | United States |
Eaton Corporation PLC | ETN US | 5.1% | Electrical Components & Equipment | United States |
Ingersoll Rand Inc. | IR US | 5.1% | Industrial Machinery & Supplies | United States |
Lockheed Martin Corporation | LMT US | 5.1% | Aerospace & Defense | United States |
Republic Services, Inc. | RSG US | 5.1% | Environmental & Facilities Services | United States |
Raytheon Technologies Corporation | RTX US | 5.1% | Aerospace & Defense | United States |
Union Pacific Corporation | UNP US | 5.1% | Rail Transportation | United States |
Copart, Inc. | CPRT US | 5.0% | Diversified Support Services | United States |
Parker-Hannifin Corporation | PH US | 5.0% | Industrial Machinery & Supplies & Components | United States |
United Parcel Service, Inc. | UPS US | 5.0% | Air Freight & Logistics | United States |
United Rentals, Inc. | URI US | 5.0% | Trading Companies & Distributors | United States |
AMETEK, Inc. | AME US | 4.9% | Electrical Components & Equipment | United States |
Fastenal Company | FAST US | 4.9% | Trading Companies & Distributors | United States |
General Dynamics Corporation | GD US | 4.9% | Aerospace & Defense | United States |
Canadian Pacific Kansas City Limited | CP CN | 4.6% | Rail Transportation | Canada |
PACCAR Inc. | PCAR US | 4.6% | Construction Machinery & Heavy | United States |
Textron Inc. | TXT US | 4.6% | Aerospace & Defense | United States |
Caterpillar Inc. | CAT US | 4.5% | Construction Machinery & Heavy | United States |
Uber Technologies, Inc. | UBER US | 4.5% | Passenger Ground Transportation | United States |
Cash and other assets and liabilities | 1.7% | |||
Market value of options | (0.3)% |
Investment Goal
Harvest Industrial Leaders Income ETF will seek to provide:
- Opportunity for capital appreciation
- Monthly cash distributions
- Lower overall volatility of the portfolio returns than would otherwise be experienced by directly owing stocks of companies in the Industrials sector that are leaders, as determined by the manager.
To achieve lower overall volatility of portfolio returns, HIND will generally write covered call options on up to 33% of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors.
Benefits of investing in HIND
|
Key ETF Details
As at April 30, 2024
ETF Details | Unit |
---|---|
TSX Code | HIND |
CUSIP | 417925104 |
Currency | Unhedged or Partially CAD-Hedged |
Inception Date | 2024/04/15 |
Holdings | 20 Equity Securities |
Management Style | Active with Covered Calls |
Eligible | RRSP | RRIF | RESP | TFSA | FHSA |
Management Fee | 0.75% |
Risk Rating | |
Distribution Facts | Unit |
Cash Distribution Per Unit | $0.0700 |
First Distribution Date | 2024/05/31 |
Cash Distribution Frequency | Monthly |
Distribution Method | Cash or DRIP |
Recent Insights
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Revisiting Interest Rates and Fixed Income in Spring 2024
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Healthcare (HHL): Spring 2024 Checkup
The Harvest Healthcare Leaders Income ETF (HHL) accesses value and growth opportunity in the healthcare space while providing monthly income.
Disclaimer
Harvest Industrial Leaders Income ETF
Commissions, management fees and expenses all may be associated with investing in HARVEST Exchange Traded Funds managed by Harvest Portfolios Group Inc. (the “Funds” or a “Fund”). Please read the relevant prospectus before investing. The Funds are not guaranteed, their values change frequently, and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.
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 units of the Fund. If a Fund earns less than the amounts distributed, the difference is a return of capital.
Certain statements included in this communication constitute forward-looking statements (“FLS”, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Funds. The FLS are not historical facts but reflect the Harvest’s and the portfolio manager of the Funds current expectations regarding future results or events. These FLS are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Harvest and the portfolio manager of the Funds believe that the assumptions inherent in the FLS are reasonable, FLS are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Funds, Harvest and the portfolio manager of the Funds undertake no obligation to update publicly or otherwise revise any FLS or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.