Harvest European Leaders Income ETF

2019

DateHEUR
NAV
HEUR
MKT
2019-03-1518.594518.6000
2019-03-1418.608118.6000
2019-03-1318.622018.6000
2019-03-1218.636118.7600
2019-03-1118.648818.7600
2019-03-0818.653018.7600
2019-03-0718.673018.7600
2019-03-0618.760818.7600
2019-03-0518.833918.7600
2019-03-0418.792018.7600
2019-03-0118.753018.7600
2019-02-2818.669318.6900
2019-02-2718.6535 
2019-02-2618.787018.8100
2019-02-2518.758218.8100
2019-02-2218.763118.8300
2019-02-2118.714918.3200
2019-02-2018.772518.3200
2019-02-1918.679218.3200
2019-02-1518.662318.3200
2019-02-1418.354018.3200
2019-02-1318.451918.3200
2019-02-1218.327018.3200
2019-02-1118.174218.4500
2019-02-0818.023918.4500
2019-02-0718.176118.4500
2019-02-0618.493618.4500
2019-02-0518.469418.4500
2019-02-0418.157318.1500
2019-02-0118.160318.1500
2019-01-3118.075218.1700
2019-01-3018.075618.1400
2019-01-2918.058818.0600
2019-01-2817.953018.0600
2019-01-2518.080018.0600
2019-01-2417.895118.0600
2019-01-2317.838118.0600
2019-01-2217.920918.0600
2019-01-2118.018218.0600
2019-01-1818.080118.3600
2019-01-1717.799917.8100
2019-01-1617.799717.8100
2019-01-1517.732117.8100
2019-01-1417.676317.8100
2019-01-1117.731817.8000
2019-01-1017.734717.8000
2019-01-0917.689617.1500
2019-01-0817.585517.1500
2019-01-0717.535717.1500
2019-01-0417.546117.1500
2019-01-0317.111417.1500
2019-01-0217.286217.1500

2018

DateHEUR
NAV
HEUR
MKT
2018-12-3117.329617.1500
2018-12-2817.238817.1500
2018-12-2717.072617.1500
2018-12-2417.323217.2600
2018-12-2117.410117.5000
2018-12-2017.408517.5000
2018-12-1917.675818.1500
2018-12-1817.593818.1500
2018-12-1717.792818.1500
2018-12-1417.960318.1500
2018-12-1318.086518.1500
2018-12-1218.170918.1500
2018-12-1117.887718.1500
2018-12-1017.671518.1500
2018-12-0717.929718.1500
2018-12-0617.796718.1500
2018-12-0518.372918.4900
2018-12-0418.606218.4900
2018-12-0318.754918.4900
2018-11-3018.575118.4900
2018-11-2918.621518.4900
2018-11-2818.661818.4900
2018-11-2718.658118.4900
2018-11-2618.696518.4900
2018-11-2318.399018.4900
2018-11-2218.380818.4900
2018-11-2118.567018.4900
2018-11-2018.310318.2800
2018-11-1918.587618.7700
2018-11-1618.680018.7700
2018-11-1518.689118.6400
2018-11-1418.778219.0000
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

2019

Record DateDistributions
2019-02-280.083
2019-01-310.083

2018

Record DateDistributions
2018-12-310.083
2018-11-300.083
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

February 28, 2019

Security %
Vivendi S.A. 4.5
Compagnie Generale des Etablissements Michelin 4.2
ASSA ABLOY AB 4.2
L’Oreal S.A. 4.2
Vinci S.A. 4.1
Capgemini SE 4.1
AXA S.A. 4.1
Gecina S.A. 4.0
Deutsche Post AG 4.0
TOTAL S.A. 4.0
Glencore PLC 4.0
Bayer AG 4.0
Infineon Technologies AG 3.9
Royal Dutch Shell PLC 3.9
BASF SE 3.9
ABB Ltd. 3.9
Novartis AG 3.9
Coca-Cola HBC AG 3.8
Orange S.A. 3.8
Banco Santander S.A. 3.8
Deutsche Telekom AG 3.8
Skandinaviska Enskilda Banken AB 3.7
Vonovia SE 3.7
Mondi PLC 3.6
Accor S.A. 3.5
Foreign currency forwards 1.0
Cash and other assets and liabilities 0.5

The manager announced that the ETF will be terminated on March 21, 2019. Effective January 25, 2019, no further direct subscriptions for units of the ETF will be accepted. The ETF is expected to be delisted from the TSX on or about March 21, 2019. All units held after the delisting will be subject to a mandatory redemption.

Date Symbol NAV $ NAV $ Change MKT $ MKT $ Change Distribution Total $
2019-03-15HEUR18.59-0.0118.600.000.916

Fund Quick Facts

February 28, 2019


TSX Code HEUR
Cusip HEUR 41753B108
Net AUM $1.9 million
Currency Hedged to CAD
Management Fee 0.75%
Total Holdings 27
Income Distribution Monthly
Recent Distribution $0.0833
Distribution Method Cash
Eligible RRSP/RRIF/RESP/TFSA
Risk Rating Medium to High

Portfolio Analysis*


Average Market Capitalization (CAD) $85B
Number of Equity Securities 25
Average Dividend Yield 3.24%
Average Price to Earnings 15.1 x
5 Year Average Return on Equity 11.96%
Current Yield 5.35%

Investor Document

Quarterly Summary  Eng


Prospectus  Eng | Fr


Prospectus  Amendment  Eng | Fr


ETF Facts Eng Fr

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 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
Senior Portfolio Manager
MIKE DRAGOSITS, CFA
Portfolio Manager

Top Ten Portfolio Holdings


Security %
Vivendi S.A. 4.5
Compagnie Generale des Etablissements Michelin 4.2
ASSA ABLOY AB 4.2
L’Oreal S.A. 4.2
Vinci S.A. 4.1
Capgemini SE 4.1
AXA S.A. 4.1
Gecina S.A. 4.0
Deutsche Post AG 4.0
TOTAL S.A. 4.0

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.