Harvest Energy Leaders Plus Income ETF

Historical Distributions

2020

Record DateDistributions
2020-03-310.030
2020-02-280.030
2020-01-310.030

2019

Record DateDistributions
2019-12-310.030
2019-11-290.030
2019-10-310.030
2019-09-300.030
2019-08-300.030
2019-07-310.030
2019-06-280.030
2019-05-310.030
2019-04-300.030
2019-03-290.030
2019-02-280.030
2019-01-310.030

2018

Record DateDistributions
2018-12-310.030
2018-11-300.030
2018-10-310.030
2018-09-280.030
2018-08-310.030
2018-07-310.030
2018-06-290.030
2018-05-310.030
2018-04-300.030
2018-03-290.030
2018-02-280.030
2018-01-310.030

2017

Record DateDistributions
2017-12-290.058
2017-11-300.058
2017-10-310.058
2017-09-290.058
2017-08-310.058
2017-07-310.058
2017-06-300.058
2017-05-310.058
2017-04-280.058
2017-03-310.058
2017-02-280.058
2017-01-310.058

2016

Record DateDistributions
2016-12-300.058
2016-11-300.058
2016-10-310.058
2016-09-300.058
2016-08-310.058
2016-07-290.058
2016-06-300.058
2016-05-310.058
2016-04-290.058
2016-03-310.058
2016-02-290.058
2016-01-290.058

2015

Record DateDistributions
2015-12-310.058
2015-11-300.058
2015-10-300.058
2015-09-300.058
2015-08-310.058
2015-07-310.058
2015-06-300.058
2015-05-290.058
2015-04-300.058
2015-03-310.058
2015-02-270.058
2015-01-300.058

2014

Record DateDistributions
2014-12-310.058
2014-11-280.058

March 31, 2020

Security %
TOTAL S.A. 7.1
Royal Dutch Shell PLC 6.5
BP PLC 6.4
TC Energy Corporation 5.9
CNOOC Limited 5.6
Phillips 66 5.5
Exxon Mobil Corporation 5.4
Valero Energy Corporation 5.4
Enbridge Inc. 5.3
Suncor Energy Inc. 5.3
ConocoPhillips 5.2
Hess Corporation 5.2
Chevron Corporation 5.0
EOG Resources, Inc. 4.8
Canadian Natural Resources Limited 4.8
Marathon Petroleum Corporation 4.6
Halliburton Company 3.3
Occidental Petroleum Corporation 3.0
Marathon Oil Corporation 2.9
Cash and other assets and liabilities 2.5
Apache Corporation 1.5
Foreign currency forwards 0.1
Market value of equity options (1.5)

   

Date Symbol NAV $ NAV $ Change MKT $ MKT $ Change Distribution Total $

(Since Inception)

2020-04-03HPF2.00-0.052.01-0.063.025
2020-04-03HPF.U2.22-0.052.010.003.025

Fund Quick Facts

March 31, 2020


TSX Code HPF  |  HPF.U
Cusip (HPF) 41753Y108
Cusip (HPF.U) 41753Y116
Net AUM $13.4 million
Currency (HPF) Hedged to CAD
Currency (HPF.U) Unhedged
Management Fee 0.85%
Total Holdings 23
Income Distribution Monthly
Recent Distribution $0.0300
Distribution Method Cash or DRIP
Eligible RRSP/RRIF/RESP/TFSA
Risk Rating Medium to High

Portfolio Analysis*


Average Market Capitalization (CA) $78B
Number of Equity Securities 20
Average Dividend Yield 6.28%
5 Year Average Return on Equity 7.97%
Current Yield 18.09%

Investor Documents

Why Invest  Eng | Fr


Products Booklet  Eng | Fr


Quarterly Summary  Eng


Prospectus  Eng | Fr


ETF Facts HPF  Eng | Fr


ETF Facts HPF.U  Eng | Fr


Covered Call Strategies  Eng | Fr

Fund Overview

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 $0.030 per Class A unit per month ($0.36 per annum) or US$0.0583 per Class U Unit per Month (US$0.36 per annum)

Investor Suitability

Investors seeking a regular income through investment in the worlds leading Energy companies.

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

Portfolio Management
Paul MacDonald

Harvest Portfolios Group Inc.

PAUL MACDONALD, CFA
Chief Investment Officer

Portfolio Manager JAMES LEARMONTH, CFA
Senior Portfolio Manager
MIKE DRAGOSITS, CFA
Portfolio Manager

Top Ten Portfolio Holdings


Security %
TOTAL S.A. 7.1
Royal Dutch Shell PLC 6.5
BP PLC 6.4
TC Energy Corporation 5.9
CNOOC Limited 5.6
Phillips 66 5.5
Exxon Mobil Corporation 5.4
Valero Energy Corporation 5.4
Enbridge Inc. 5.3
Suncor Energy Inc. 5.3

Cumulative Market Price

(Monthly Distribution: $0.0300)







For illustrative purposes only. The chart above only shows the market value per unit of Harvest Energy Leaders Plus Income ETF ("HPF") using the daily market close on the TSX and identifies the monthly cash distributions paid by HPF on a cumulative basis. The cash distributions are not compounded or treated as reinvested, and the chart does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder. The chart is not a performance chart and is not indicative of future market values of HPF or returns on investment in HPF, which will vary.

Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds (managed by Harvest Portfolios Group Inc.) The ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the relevant prospectus before investing. Tax, investment and all other decisions should be made with guidance from a qualified professional.





Cumulative Growth $10,000 Invested

(NAV pricing)


Disclaimer

Harvest 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 (managed by Harvest Portfolios Group Inc.). 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 security holder 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.

**Filed on SEDAR April 01, 2020 per NI 81-503 Extension of Certain Filing, Delivery and Prospectus Renewal Requirements of Investment Funds.