HBF

Harvest Brand Leaders Plus Income ETF

Brands You Know, Brands You Trust, Brands That Lead Markets

The world’s biggest brands have global reach, strong financials, and dominant market shares. They have track records of resilience through market cycles and are viewed as high-quality investments. This ETF delivers growth prospects and income from a diversified portfolio of leading companies.

Key Facts

As at 2024/06/14

TICKER

HBF

TSX
CURRENCY

CAD

Hedged
NAV

$9.57

Updated Daily
MKT PRICE CLOSE

$9.56

Updated Daily
NET AUM*

$475.20M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0600

Cash, Per Unit
CURRENT YIELD

7.53%

Updated Daily
DISTRIBUTION

$6.5754

Total, Since Inception**

Key Facts

As at 2024/06/14

TICKER

HBF.B

TSX
CURRENCY

CAD

Unhedged
NAV

$10.75

Updated Daily
MKT PRICE CLOSE

$10.74

Updated Daily
NET AUM*

$475.20M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0600

Cash, Per Unit
CURRENT YIELD

6.70%

Updated Daily
DISTRIBUTION

$2.9440

Total, Since Inception**

Key Facts

As at 2024/06/14

TICKER

HBF.U

TSX
CURRENCY

USD

Unhedged
NAV

$10.81

Updated Daily
MKT PRICE

$10.80

Updated Daily
NET AUM*

$475.20M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0600

Cash, Per Unit
CURRENT YIELD

6.67%

Updated Daily
DISTRIBUTION

$6.5754

Total, Since Inception**

Key Facts

As at 2024/06/14

TICKER

HBF

TSX
CURRENCY

CAD

Hedged
NAV

$9.57

Updated Daily
MKT PRICE CLOSE

$9.56

Updated Daily
NET AUM*

$475.20M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTIONS

Monthly

Frequency
LAST DISTRIBUTION

$0.0600

Cash, Per Unit
CURRENT YIELD

7.53%

Updated Daily
DISTRIBUTION

$6.5754

Total, Since Inception**

Key Facts

As at 2024/06/14

TICKER

HBF.B

TSX
CURRENCY

CAD

Unhedged
NAV

$10.75

Updated Daily
MKT PRICE CLOSE

$10.74

Updated Daily
NET AUM*

$475.20M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTIONS

Monthly

Frequency
LAST DISTRIBUTION

$0.0600

Cash, Per Unit
CURRENT YIELD

6.70%

Updated Daily
DISTRIBUTION

$2.9440

Total, Since Inception**

Key Facts

As at 2024/06/14

TICKER

HBF.U

TSX
CURRENCY

USD

Unhedged
NAV

$10.81

Updated Daily
MKT PRICE

$10.80

Updated Daily
NET AUM*

$475.20M

Updated Daily

MGMT STYLE

Active

With Covered Calls
CASH DISTRIBUTIONS

Monthly

Frequency
LAST DISTRIBUTION

$0.0600

Cash, Per Unit
CURRENT YIELD

6.67%

Updated Daily
DISTRIBUTION

$6.5754

Total, Since Inception**

Distributions

Last Cash Distribution Per Unit:

$0.0600

Last Ex-dividend Date:

2024/05/31

Last Record Date:

2024/05/31

Last Payment Date:

2024/06/07

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception (Class A)**:

CA$6.5754

Cash Distributions Since Inception (Class B)**:

CA$2.9440

Cash Distributions Since Inception (Class U)**:

US$6.5754

Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2024/05/312024/05/312024/06/07$0.0600$0.0600$0.0600Monthly
2024/04/292024/04/302024/05/09$0.0600$0.0600$0.0600Monthly
2024/03/272024/03/282024/04/09$0.0600$0.0600$0.0600Monthly
2024/02/282024/02/292024/03/08$0.0600$0.0600$0.0600Monthly
2024/01/302024/01/312024/02/09$0.0600$0.0600$0.0600Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2023/12/282023/12/292024/01/09$0.0600$0.0600$0.0600Monthly
2023/11/292023/11/302023/12/08$0.0600$0.0600$0.0600Monthly
2023/10/302023/10/312023/11/09$0.0600$0.0600$0.0600Monthly
2023/09/282023/09/292023/10/06$0.0600$0.0600$0.0600Monthly
2023/08/302023/08/312023/09/08$0.0600$0.0600$0.0600Monthly
2023/07/282023/07/312023/08/09$0.0600$0.0600$0.0600Monthly
2023/06/292023/06/302023/07/07$0.0600$0.0600$0.0600Monthly
2023/05/302023/05/312023/06/09$0.0600$0.0600$0.0600Monthly
2023/04/272023/04/282023/05/09$0.0600$0.0600$0.0600Monthly
2023/03/302023/03/312023/04/06$0.0600$0.0600$0.0600Monthly
2023/02/272023/02/282023/03/09$0.0600$0.0600$0.0600Monthly
2023/01/302023/01/312023/02/09$0.0600$0.0600$0.0600Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2022/12/292022/12/302023/01/09$0.0600$0.0600$0.0600Monthly
2022/11/292022/11/302022/12/09$0.0600$0.0600$0.0600Monthly
2022/10/282022/10/312022/11/09$0.0600$0.0600$0.0600Monthly
2022/09/282022/09/292022/10/07$0.0600$0.0600$0.0600Monthly
2022/08/302022/08/312022/09/09$0.0600$0.0600$0.0600Monthly
2022/07/282022/07/292022/08/09$0.0600$0.0600$0.0600Monthly
2022/06/292022/06/302022/07/08$0.0600$0.0600$0.0600Monthly
2022/05/302022/05/312022/06/09$0.0600$0.0600$0.0600Monthly
2022/04/282022/04/292022/05/09$0.0600$0.0600$0.0600Monthly
2022/03/302022/03/312022/04/08$0.0600$0.0600$0.0600Monthly
2022/02/252022/02/282022/03/09$0.0600$0.0600$0.0600Monthly
2022/01/282022/01/312022/02/09$0.0600$0.0600$0.0600Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2021/12/302021/12/312022/01/07$0.0600$0.0600$0.0600Monthly
2021/12/302021/12/312021/12/31$0.4920Notional***
2021/11/292021/11/302021/12/09$0.0600$0.0600$0.0600Monthly
2021/10/282021/10/292021/11/09$0.0542$0.0542$0.0542Monthly
2021/09/282021/09/302021/10/08$0.0542$0.0542$0.0542Monthly
2021/08/302021/08/312021/09/09$0.0542$0.0542$0.0542Monthly
2021/07/292021/07/302021/08/09$0.0542$0.0542$0.0542Monthly
2021/06/292021/06/302021/07/09$0.0542$0.0542$0.0542Monthly
2021/05/282021/05/312021/06/09$0.0542$0.0542$0.0542Monthly
2021/04/292021/04/302021/05/07$0.0542$0.0542$0.0542Monthly
2021/03/302021/03/312021/04/09$0.0542$0.0542$0.0542Monthly
2021/02/252021/02/262021/03/09$0.0542$0.0542$0.0542Monthly
2021/01/282021/01/292021/02/09$0.0542$0.0542$0.0542Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2020/12/302020/12/312021/01/08$0.0542$0.0542$0.0542Monthly
2020/11/272020/11/302020/12/09$0.0542$0.0542$0.0542Monthly
2020/10/292020/10/302020/11/09$0.0542$0.0542$0.0542Monthly
2020/09/292020/09/302020/10/09$0.0542$0.0542$0.0542Monthly
2020/08/282020/08/312020/09/09$0.0542$0.0542$0.0542Monthly
2020/07/302020/07/312020/08/07$0.0542$0.0542$0.0542Monthly
2020/06/292020/06/302020/07/09$0.0542$0.0542$0.0542Monthly
2020/05/282020/05/292020/06/09$0.0542$0.0542$0.0542Monthly
2020/04/292020/04/302020/05/08$0.0542$0.0542$0.0542Monthly
2020/03/302020/03/312020/04/09$0.0542$0.0542$0.0542Monthly
2020/02/272020/02/282020/03/09$0.0542-$0.0542Monthly
2020/01/302020/01/312020/02/07$0.0542-$0.0542Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2019/12/302019/12/31$0.0542-$0.0542Monthly
2019/11/282019/11/29$0.0542-$0.0542Monthly
2019/10/302019/10/31$0.0542-$0.0542Monthly
2019/09/272019/09/30$0.0542-$0.0542Monthly
2019/08/292019/08/30$0.0542-$0.0542Monthly
2019/07/302019/07/31$0.0542-$0.0542Monthly
2019/06/272019/06/28$0.0542-$0.0542Monthly
2019/05/302019/05/31$0.0542-$0.0542Monthly
2019/04/292019/04/30$0.0542-$0.0542Monthly
2019/03/282019/03/29$0.0542-$0.0542Monthly
2019/02/272019/02/28$0.0542-$0.0542Monthly
2019/01/302019/01/31$0.0542-$0.0542Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2018/12/282018/12/31$0.0542-$0.0542Monthly
2018/11/292018/11/30$0.0542-$0.0542Monthly
2018/10/302018/10/31$0.0542-$0.0542Monthly
2018/09/272018/09/28$0.0542-$0.0542Monthly
2018/08/302018/08/31$0.0542-$0.0542Monthly
2018/07/302018/07/31$0.0542-$0.0542Monthly
2018/06/282018/06/29$0.0542-$0.0542Monthly
2018/05/302018/05/31$0.0542-$0.0542Monthly
2018/04/272018/04/30$0.0542-$0.0542Monthly
2018/03/282018/03/29$0.0542-$0.0542Monthly
2018/02/272018/02/28$0.0542-$0.0542Monthly
2018/01/302018/01/31$0.0542-$0.0542Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2017/12/282017/12/29$0.0542-$0.0542Monthly
2017/11/292017/11/30$0.0542-$0.0542Monthly
2017/10/302017/10/31$0.0542-$0.0542Monthly
2017/09/282017/09/29$0.0542-$0.0542Monthly
2017/08/292017/08/31$0.0542-$0.0542Monthly
2017/07/272017/07/31$0.0542-$0.0542Monthly
2017/06/282017/06/30$0.0542-$0.0542Monthly
2017/05/292017/05/31$0.0542-$0.0542Monthly
2017/04/262017/04/28$0.0542-$0.0542Monthly
2017/03/292017/03/31$0.0542-$0.0542Monthly
2017/02/242017/02/28$0.0542-$0.0542Monthly
2017/01/272017/01/31$0.0542-$0.0542Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2016/12/282016/12/30$0.0542-$0.0542Monthly
2016/11/282016/11/30$0.0542-$0.0542Monthly
2016/10/272016/10/31$0.0542-$0.0542Monthly
2016/09/282016/09/30$0.0542-$0.0542Monthly
2016/08/292016/08/31$0.0542-$0.0542Monthly
2016/07/272016/07/29$0.0542-$0.0542Monthly
2016/06/282016/06/30$0.0542-$0.0542Monthly
2016/05/272016/05/31$0.0542-$0.0542Monthly
2016/04/272016/04/29$0.0542-$0.0542Monthly
2016/03/292016/03/31$0.0542-$0.0542Monthly
2016/02/252016/02/29$0.0542-$0.0542Monthly
2016/01/272016/01/29$0.0542-$0.0542Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2015/12/292015/12/31$0.0542-$0.0542Monthly
2015/11/262015/11/30$0.0542-$0.0542Monthly
2015/10/282015/10/30$0.0542-$0.0542Monthly
2015/09/282015/09/30$0.0542-$0.0542Monthly
2015/08/272015/08/31$0.0542-$0.0542Monthly
2015/07/292015/07/31$0.0542-$0.0542Monthly
2015/06/262015/06/30$0.0542-$0.0542Monthly
2015/05/272015/05/29$0.0542-$0.0542Monthly
2015/04/282015/04/30$0.0542-$0.0542Monthly
2015/03/272015/03/31$0.0542-$0.0542Monthly
2015/02/252015/02/27$0.0542-$0.0542Monthly
2015/01/282015/01/30$0.0542-$0.0542Monthly
Ex-dividend DateRecord DatePayment DateClass A (CAD)Class B (CAD)Class U (USD)Distribution Frequency 
2014/12/292014/12/31$0.0542-$0.0542Monthly
2014/11/262014/11/28$0.0542-$0.0542Monthly
2014/10/292014/10/31$0.0542-$0.0542Monthly
2014/09/262014/09/30$0.0542-$0.0542Monthly
2014/08/272014/08/29$0.0542-$0.0542Monthly

2023 Annual Tax Information can be accessed here.


Portfolio Analysis

As at May 31, 2024

Number of Equity Securities:

21

Average Market Capitalization (CAD):

$917B

Average P/E:

21.0x

Average Dividend Yield:

2.41%

Average 5 Year Return on Equity:

41.49%

.


Sub-Sector Allocation

As at May 31, 2024

Holdings

As at May 31, 2024

NameTickerWeightSectorCountry
Apple Inc.AAPL US5.4%Information TechnologyUnited States
Texas Instruments IncorporatedTXN US5.4%Information TechnologyUnited States
Walmart Inc.WMT US5.3%Consumer StaplesUnited States
JPMorgan Chase & Co.JPM US5.2%FinancialsUnited States
Morgan StanleyMS US5.2%FinancialsUnited States
Alphabet Inc.GOOGL US5.1%Communication ServicesUnited States
Microsoft CorporationMSFT US5.1%Information TechnologyUnited States
Verizon Communications Inc.VZ US5.1%Communication ServicesUnited States
NIKE, Inc.NKE US5.0%Consumer DiscretionaryUnited States
The Procter & Gamble CompanyPG US5.0%Consumer StaplesUnited States
Johnson & JohnsonJNJ US4.9%Health CareUnited States
Shell PLCSHEL US4.9%EnergyUnited States
UnitedHealth Group IncorporatedUNH US4.9%Health CareUnited States
Visa Inc.V US4.9%FinancialsUnited States
Caterpillar Inc.CAT US4.8%IndustrialsUnited States
Cisco Systems, Inc.CSCO US4.8%Information TechnologyUnited States
PepsiCo, Inc.PEP US4.8%Consumer StaplesUnited States
McDonald's CorporationMCD US4.7%Consumer DiscretionaryUnited States
Accenture PLCACN US4.5%Information TechnologyUnited States
United Parcel Service, Inc.UPS US4.3%IndustrialsUnited States
Cash and other assets and liabilities0.5%
Foreign currency forwards0.3%
Harvest Canadian T-Bill ETFTBIL CN0.2%Cash EquivalentsCanada
Market value of options(0.3)%

Download CSV


Annualized Performance

As at May 31, 2024

Ticker1M3M6MYTD1Y2Y3Y4Y5Y7Y8YSI
HBF2.401.776.833.4311.783.862.1410.269.038.589.417.77
HBF.B1.412.367.716.6113.138.757.0210.80---11.47
HBF.U2.431.937.243.6512.684.762.7711.0810.149.6410.388.73

Download CSV

Calendar Year Performance

As at May 31, 2024

Ticker2023202220212020201920182017201620152014 
HBF11.14(14.67)21.7510.8826.26(4.41)18.929.350.170.43
HBF.B9.70(7.78)21.1921.02------
HBF.U12.10(13.85)21.9413.5827.09(3.47)19.7910.511.35(0.05)

Download CSV

Cumulative Market Price#

(Monthly Distribution: $0.0600)

 
 

Cumulative Growth $10,000 Invested

(NAV pricing)

 

The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

HBF Historical Daily Prices (CLICK HERE)


Documents

HBF Product Sheet
Product Sheet
HBF Investor Brochure
Investor Brochure
HBF ETF Facts
ETF Facts

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BrochureEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials
MER SummaryEnglishFrenchInformation Materials
2024 Quarterly Summary - Q1English-Portfolio Disclosure
2023 Annual Distributions SummaryEnglish-Information Materials
2023 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2023 Annual Management Report of Fund Performance EnglishFrenchStatements/MRFPs
PFIC Annual Information StatementEnglish-Information Statement
IRS Form 8937English-Tax Form
Proxy Voting PolicyEnglish-Proxy Voting
July 1, 2022 to June 30, 2023 Proxy SummaryEnglishProxy Voting

HBF Historical Documents (CLICK HERE)


Investment Goals

Harvest Brand Leaders Plus Income ETF is an equally weighted portfolio of 20 large companies selected from the world’s Top 100 Brands. The ETF is designed to provide a consistent monthly income stream with an opportunity for growth. In order to generate an enhanced monthly distribution yield, an active covered call strategy is engaged.

 

Benefits of investing in HBF

  • Core US large cap portfolio

  • Diversified exposure to 20 large capitalization global brand leaders

  • Attractive monthly income with opportunity for capital appreciation

  • Covered call strategy used to enhance portfolio income potential and lower portfolio volatility

  • Available in multiple currency classes: Hedged, Unhedged, US dollar

HBF Product Sheet

Key ETF Details

As at May 31, 2024

ETF DetailsClass AClass BClass U
TSX CodeHBFHBF.BHBF.U
CUSIP41753L10641753L12241753L114
CurrencyCAD-HedgedCAD-UnhedgedUS Dollar
Inception Date2014/07/242020/03/122014/07/24
Management StyleActive with Covered Calls
EligibleRRSP | RRIF | RESP | TFSA | FHSA
Management Fee0.75%
Risk Ratingmed_risk_bar
Distribution FactsClass AClass BClass U
Last Cash Distribution Per UnitCA$0.0600CA$0.0600US$0.0600
Last Record Date2024/05/312024/05/312024/05/31
Cash Distributions Since Inception**CA$6.5754CA$2.9440US$6.5754
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Annual Distributions SummaryPDF View
HBF Interactive Brochure

Investor Documents

Product Sheet Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr


MER Summary En | Fr

Relevant Posts

Disclaimer

Harvest Brand Leaders Plus Income ETF

The Fund originally commenced operations as a TSX listed closed-end fund on July 24, 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 (except for figures of one year or less, which are simple total returns) including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder 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, Class B 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.

The current yield represents an annualized amount that is comprised of 12 unchanged monthly distributions (using the most recent month’s distribution figure multiplied by 12) as a percentage of the closing market price of the Fund. The current yield does not represent historical returns of the ETF but represents the distribution an investor would receive if the most recent distribution stayed the same going forward.

* Represents aggregate AUM of all classes denominated in Canadian dollars.

** Inception Date:  Class A is 2014/07/24;  Class B is 2020/03/12; Class U is 2014/07/24.

*** Notional non-cash distributions are paid annually (if any). There is no impact on net asset value per unit. The notional distribution is added to the cost base of the ETF and is taxable if not held in a registered account (RSP/RIF/TFSA and RESP).

† The first year of Calendar Year Performance presents the rate of return from commencement of operations to December 31 of that year.

 Source: Bloomberg. Average statistics calculated based on portfolio weighted average. Dividend yield (gross) based on Bloomberg indicated 12 month yield of portfolios positions and does not represent the distribution yield paid to investors. The above information is for illustrative purposes only, is estimated and unaudited.

# For illustrative purposes only. The chart above only shows the market value per unit of Harvest Brand Leaders Income Plus ETF ("HBF") using the daily market close on the TSX and identifies the monthly cash distributions paid by HBF 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 HBF or returns on investment in HBF, which will vary.