Harvest European Leaders Income ETF

2018

DateHEUR
NAV
HEUR
MKT
2018-11-1318.840418.7800
2018-11-1218.705218.8400
2018-11-0918.935119.0100
2018-11-0819.044119.0100
2018-11-0719.078419.0100
2018-11-0618.881319.0100
2018-11-0518.889119.0200
2018-11-0218.946518.6800
2018-11-0118.891118.6800
2018-10-3118.812118.6800
2018-10-3018.565718.6800
2018-10-2918.660518.6800
2018-10-2618.455118.6800
2018-10-2518.639318.6800
2018-10-2418.460118.5300
2018-10-2318.558119.0200
2018-10-2218.943219.0200
2018-10-1919.073019.1700
2018-10-1819.161319.2900
2018-10-1719.281619.2900
2018-10-1619.289419.2900
2018-10-1519.033119.2900
2018-10-1218.936819.2900
2018-10-1119.015319.2900
2018-10-1019.289319.2900
2018-10-0919.601819.8400
2018-10-0519.742119.8400
2018-10-0419.8911 
2018-10-0320.020420.1600
2018-10-0219.964420.1600
2018-10-0120.047820.1600
2018-09-2820.035620.1600
2018-09-2720.282019.7600
2018-09-2620.339019.7600
2018-09-2520.358519.7600
2018-09-2420.276319.7600
2018-09-2120.402919.7600
2018-09-2020.247919.7600
2018-09-1920.093919.7600
2018-09-1820.045919.7600
2018-09-1719.950219.7600
2018-09-1419.927319.7600
2018-09-1319.842219.7600
2018-09-1219.781519.7600
2018-09-1119.724219.7600
2018-09-1019.735719.7600
2018-09-0719.675419.9400
2018-09-0619.746019.9400
2018-09-0519.877119.9400
2018-09-0420.063019.9400
2018-08-3120.113919.9400
2018-08-3020.288019.9400
2018-08-2920.455119.9400
2018-08-2820.407019.9400
2018-08-2720.404319.9400
2018-08-2420.310219.9400
2018-08-2320.256019.9400
2018-08-2220.265519.9400
2018-08-2120.228719.9400
2018-08-2020.135819.9400
2018-08-1720.001219.9400
2018-08-1619.995119.9400
2018-08-1519.886719.9400
2018-08-1420.193620.2000
2018-08-1320.247120.3100
2018-08-1020.362220.5500
2018-08-0920.663220.5500
2018-08-0820.644820.5500
2018-08-0720.611420.5500
2018-08-0320.498120.5500
2018-08-0220.348320.5500
2018-08-0120.520720.5500
2018-07-3120.672920.5500
2018-07-3020.544520.5500
2018-07-2720.653520.5500
2018-07-2620.548420.5500
2018-07-2520.370520.5400
2018-07-2420.493820.5800
2018-07-2320.278620.2700
2018-07-2020.344120.2700
2018-07-1920.412220.2700
2018-07-1820.422720.2700
2018-07-1720.312920.2700
2018-07-1620.220620.2700
2018-07-1320.215820.2700
2018-07-1220.157420.0900
2018-07-1120.022420.0900
2018-07-1020.272820.0400
2018-07-0920.239020.0400
2018-07-0620.119320.0400
2018-07-0520.131920.0400
2018-07-0420.006720.0400
2018-07-0320.044020.0400
2018-06-2920.152220.1000
2018-06-2819.992420.1000
2018-06-2720.203320.2700
2018-06-2620.119220.4000
2018-06-2520.150120.4000
2018-06-2220.530720.4000
2018-06-2120.334420.4000
2018-06-2020.584720.6000
2018-06-1920.499420.7000
2018-06-1820.669520.7000
2018-06-1520.837221.0600
2018-06-1420.993521.0600
2018-06-1320.783020.8700
2018-06-1220.744020.8700
2018-06-1120.834120.8700
2018-06-0820.648720.8700
2018-06-0720.732320.8700
2018-06-0620.806720.8700
2018-06-0520.747620.8700
2018-06-0420.782920.8700
2018-06-0120.759420.8700
2018-05-3120.520020.5000
2018-05-3020.669720.6800
2018-05-2920.639720.9800
2018-05-2820.929020.9800
2018-05-2520.992220.9800
2018-05-2420.989121.3300
2018-05-2321.170621.3300
2018-05-2221.413621.3300
2018-05-1821.312921.3300
2018-05-1721.405321.3300
2018-05-1621.304721.3300
2018-05-1521.288220.7000
2018-05-1421.311420.7000
2018-05-1121.336420.7000
2018-05-1021.283920.7000
2018-05-0921.235520.7000
2018-05-0821.140520.7000
2018-05-0721.177220.7000
2018-05-0421.055120.7000
2018-05-0320.886320.7000
2018-05-0220.988120.7000
2018-05-0120.829320.7000
2018-04-3020.823120.7000
2018-04-2720.794520.7000
2018-04-2620.814920.7000
2018-04-2520.672920.7000
2018-04-2420.881220.7000
2018-04-2320.868320.7000
2018-04-2020.762820.7000
2018-04-1920.744320.7000
2018-04-1820.686620.7000
2018-04-1720.590420.6800
2018-04-1620.397019.9500
2018-04-1320.446619.9500
2018-04-1220.358319.9500
2018-04-1120.243519.9500
2018-04-1020.371519.9500
2018-04-0920.209819.9500
2018-04-0620.187919.9500
2018-04-0520.311619.9500
2018-04-0419.804319.9500
2018-04-0319.901519.9500
2018-04-0220.052919.9500
2018-03-2920.055819.9700
2018-03-2819.940419.9700
2018-03-2719.978619.7100
2018-03-2619.731120.0900
2018-03-2319.889620.0900
2018-03-2220.089620.0900
2018-03-2120.410420.5300
2018-03-2020.475320.5300
2018-03-1920.379820.5300
2018-03-1620.643820.6100
2018-03-1520.553220.6100
2018-03-1420.470620.6400
2018-03-1320.454620.6400
2018-03-1220.636820.6400
2018-03-0920.604520.6400
2018-03-0820.583820.3500
2018-03-0720.373420.3500
2018-03-0620.243720.3500
2018-03-0520.161720.0000
2018-03-0220.000020.0000

2018

Record DateDistributions
2018-10-310.083
2018-09-280.083
2018-08-310.083
2018-07-310.083
2018-06-290.083
2018-05-310.083
2018-04-300.083

October 31, 2018

Security
Cash and other assets and liabilities 5.1
Novartis AG 4.4
Glencore PLC 4.3
Deutsche Telekom AG 4.3
ASSA ABLOY AB   4.1
L’Oreal  4.0
Royal Dutch Shell PLC 4.0
Capgemini SE 4.0
Orange SA 3.9
Banco Santander SA 3.9
Skandinaviska Enskilda Banken A 3.8
Vivendi SA 3.8
TOTAL SA 3.8
Accor SA 3.8
VINCI SA 3.8
Vonovia SE 3.7
Bayer AG 3.7
BASF SE 3.6
Deutsche Bank AG 3.6
Compagnie Generale des Etablissements Michelin 3.6
Mondi PLC 3.5
Deutsche Post AG 3.5
ABB Ltd. 3.5
Gecina SA    3.4
Infineon Technologies AG 3.4
Intesa Sanpaolo SpA 3.3
Foreign Currency Forwards 0.9
Options  (0.7)

2018

N/A

Date Symbol NAV $ NAV $ Change MKT $ MKT $ Change Distribution Total $
2018-11-13HEUR18.840.1418.78-0.060.583

Fund Quick Facts

October 31, 2018


TSX Code HEUR
Cusip HEUR 41753B108
Net AUM $1.9 million
Management Fee 0.75%
Total Holdings 28
Income Distribution Monthly
Recent Distribution $0.0833
Distribution Method Cash
Eligible RRSP/RRIF/RESP/TFSA
Risk Rating Medium

Portfolio Analysis*


Average Market Capitalization (CAD) $86B
Number of Equity Securities 25
Average Dividend Yield 3.07%
Average Price to Earnings 16.2 x
5 Year Average Return on Equity 11.54%
Current Yield 5.35%

Fund Overview

The Fund invests in an equally-weighted portfolio of equity securities of 20 to 30 European Leaders from the European Leaders Investable Universe that have a minimum market capitalization of €$10 billion and pay a dividend at the time of investment and meet certain investment characteristics. 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 European Leaders directly.

In order to seek to generate additional returns, the Investment Manager will sell call options on not more than 33% in each Equity Securities held in the Portfolio.

Investor Documents

Why Invest  Eng | Fr


Products Booklet  Eng | Fr


Quarterly Summary  Eng


Prospectus  Eng | Fr


ETF Facts HEUR  Eng Fr

Investor Suitability

Investors seeking a regular income through investment in the worlds leading European 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

Portfolio Manager

MIKE DRAGOSITS, CFA

Associate Portfolio Manager

Top Ten Portfolio Holdings


Security
Cash and other assets and liabilities 5.1
Novartis AG 4.4
Glencore plc 4.3
Deutsche Telekom AG 4.3
ASSA ABLOY AB 4.1
L’Oreal 4.0
Royal Dutch Shell plc 4.0
Capgemini SE 4.0
Orange SA 3.9
Blanco Santander S.A. 3.9

Cumulative Growth $10,000 Invested

(NAV pricing)


Disclaimer

Harvest European 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.). 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. Rates of return cannot be reported until the Fund has been in existence for at least one year. The Fund is not guaranteed, its values changes frequently and past performance may not be repeated. Distributions are paid to you in cash. If the Fund earns less than the amount distributed, the difference is a return of capital. 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 consensus 12 month forward earnings estimates.   Return on Equity (ROE) based on 5 year average dividend growth. The above information is for illustrative purposes only, is estimated and unaudited on the indicative initial portfolio.