HBFE

Harvest Brand Leaders Enhanced Income ETF

Enhanced Income From Market Leading Brands

This ETF is built to deliver enhanced income and growth opportunities by applying modest leverage to an investment in the Harvest Brand Leaders Plus Income ETF (HBF:TSX). It offers access to the same portfolio of top global brands with enhanced monthly cashflow.

The Manager announced that the ETF will be terminated on or about June 25, 2024 (the “Termination Date”). The Class A Units of the ETF are expected to cease trading on the Toronto Stock Exchange (“TSX”) and to be delisted from the TSX at the close of business on or about the Termination Date.

HBF

Key Facts

As at 2024/05/28

TICKER

HBFE

TSX
CURRENCY

CAD

Hedged Underlying ETF
NAV

$10.32

Updated Daily
MKT PRICE CLOSE

$10.32

Updated Daily
NET AUM*

$3.61M

Updated Daily
MGMT STYLE

Active

With Covered Calls Underlying ETF
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0810

Cash, Per Unit
CURRENT YIELD

9.42%

Updated Daily
HOLDING

HBF

Underlying ETF

Key Facts

As at 2024/05/28

TICKER

HBFE

TSX
CURRENCY

CAD

Hedged
Underlying ETF
NAV

$10.32

Updated Daily
MKT PRICE CLOSE

$10.32

Updated Daily
NET AUM*

$3.61M

Updated Daily
MGMT STYLE

Active

With Covered Calls
Underlying ETF
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0810

Cash, Per Unit
CURRENT YIELD

9.42%

Updated Daily
HOLDING

HBF

Underlying ETF

Distributions

Last Ex-dividend Date:

2024/04/29

Last Record Date:

2024/04/30

Last Payment Date:

2024/05/09

Last Cash Distribution Per Unit:

$0.0810

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$1.4580

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2024/04/292024/04/302024/05/09$0.0810Monthly
2024/03/272024/03/282024/04/09$0.0810Monthly
2024/02/282024/02/292024/03/08$0.0810Monthly
2024/01/302024/01/312024/02/09$0.0810Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2023/12/282023/12/292024/01/09$0.0810Monthly
2023/11/292023/11/302023/12/08$0.0810Monthly
2023/10/302023/10/312023/11/09$0.0810Monthly
2023/09/282023/09/292023/10/06$0.0810Monthly
2023/08/302023/08/312023/09/08$0.0810Monthly
2023/07/282023/07/312023/08/09$0.0810Monthly
2023/06/292023/06/302023/07/07$0.0810Monthly
2023/05/302023/05/312023/06/09$0.0810Monthly
2023/04/272023/04/282023/05/09$0.0810Monthly
2023/03/302023/03/312023/04/06$0.0810Monthly
2023/02/272023/02/282023/03/09$0.0810Monthly
2023/01/302023/01/312023/02/09$0.0810Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022/12/292022/12/302023/01/09$0.0810Monthly
2022/11/292022/11/302022/12/09$0.0810Monthly

2023 Annual Tax Information can be accessed here.



Sub-Sector Allocation

Underlying ETF - As at April 30, 2024

Holdings

As at April 30, 2024

TickerETF NameWeightSectorCountry 
HBFHarvest Brand Leaders Plus Income ETF125.9%DiversifiedCanada
Cash and other assets and liabilities
(25.9)%


Annualized Performance

As at April 30, 2024

Ticker1M3M6MYTD1YSI 
HBFE(2.81)0.6413.310.905.6610.26

Download CSV

Calendar Year Performance

As at April 30, 2024

Ticker20232022
HBFE12.362.43

Download CSV

Cumulative Market Price#

(Monthly Distribution: $0.0810)

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.

HBFE Historical Daily Prices (CLICK HERE)


Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BrochureEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
Prospectus AmendmentEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials
MER SummaryEnglishFrenchInformation Materials
2023 Annual Distributions SummaryEnglish-Information Materials
2023 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2023 Annual Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2023 Quarterly Summary - Q3English-Portfolio Disclosure
2023 Quarterly Summary - Q1English-Portfolio Disclosure
PFIC Annual Information StatementEnglish-Information Statement
IRS Form 8937English-Tax Form
Proxy Voting PolicyEnglish-Proxy Voting
July 1, 2022 to June 30, 2023 Proxy SummaryEnglish-Proxy Voting

HBFE Historical Documents (CLICK HERE)


Investment Goal

Harvest Brand Leaders Enhanced Income ETF’s investment objectives are to provide Unitholders with high monthly cash distributions and the opportunity for capital appreciation by investing, on a levered basis, in the Harvest Brand Leaders Plus Income ETF (HBF:TSX), an exchange traded fund managed by Harvest Portfolios Group Inc..

 

Benefits of investing in HBFE

  • Access to core US large cap portfolio

  • Diversified exposure to 20 large capitalization global brand leaders

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

  • Modest leverage at around 25% to enhance monthly cashflow and growth prospects

  • Provides enhanced exposure by investing in Harvest Brand Leaders Plus Income ETF (HBF)

HBFE Product Sheet

Key ETF Details

As at April 30, 2024

ETF DetailsUnit
TSX CodeHBFE
CUSIP41753M104
CurrencyCAD-Hedged (underlying class A ETF)
Inception Date2022/10/25
Management StyleActive with Covered Calls (underlying ETF)
EligibleRRSP | RRIF | RESP | TFSA | FHSA
Management FeeZero Management Fee (ETF is subject to fees of the underlying ETF in the portfolio)
Risk Ratingmed_risk_bar
Distribution FactsUnit
Last Cash Distribution Per UnitCA$0.0810
Last Record Date2024/04/30
Cash Distributions Since InceptionCA$1.4580
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Annual Distributions SummaryPDF View
Enhanced Interactive Brochure

Investor Documents

Product Sheet Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Prospectus Amendment En | Fr


Covered Call Writing En | Fr


MER Summary En | Fr

Relevant Posts

Disclaimer

Harvest Brand Leaders Enhanced 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 (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. 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.

† 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 Healthcare Leaders Enhanced Income ETF ("HBFE") using the daily market close on the TSX and identifies the monthly cash distributions paid by HBFE 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 HBFE or returns on investment in HBFE, which will vary.