HPYT

Harvest Balanced Income & Growth Enhanced ETF

Balanced Growth + Enhanced Income with Covered Calls

The Harvest Balanced Income & Growth Enhanced ETF is built to deliver enhanced income and growth opportunities by applying modest leverage to an investment that seeks replicate the Harvest Balanced Income & Growth ETF (HBIG:TSX). It offers access to the same portfolio of equity income ETFs and fixed income ETFs with enhanced monthly cashflow.

Key Facts

As at 2024/06/14

TICKER

HBIE

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$24.26

Updated Daily
MKT PRICE CLOSE

$24.37

Updated Daily
HOLDINGS

13

Underlying ETFs
MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.2000

Cash, Per unit
DISTRIBUTION

$0.4000

Total, Since Inception
INCEPTION DATE

April 15

2024

Key Facts

As at 2024/06/14

TICKER

HBIE

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$24.26

Updated Daily
MKT PRICE CLOSE

$24.37

Updated Daily
HOLDINGS

13

Underlying ETFs
MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.2000

Cash, Per unit
DISTRIBUTION

$0.4000

Total, Since Inception
INCEPTION DATE

April 15

2024

Distributions

Last Ex-dividend Date:

2024/05/31

Last Record Date:

2024/05/31

Last Payment Date:

2024/06/07

Last Cash Distribution Per Unit:

$0.2000

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$0.4000

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2024/05/312024/05/312024/06/07$0.2000Monthly
2024/04/292024/04/302024/05/09$0.2000Monthly

2023 Annual Tax Information can be accessed here.



Sub-Sector Allocation

Underlying ETFs - As at May 31, 2024

Holdings

As at May 31, 2024

TickerEquity Income ETFs WeightSectorCountry 
HHLHarvest Healthcare Leaders Income ETF15.9%Health CareCanada
HTAHarvest Tech Achievers Growth & Income ETF15.1%Information TechnologyCanada
HUTLHarvest Equal Weight Global Utilities Income ETF10.5%UtilitiesCanada
HLIFHarvest Canadian Equity Income Leaders ETF10.2%DiversifiedCanada
HGRHarvest Global REIT Leaders Income ETF10.2%Real EstateCanada
HINDHarvest Industrial Leaders Income ETF5.8%IndustryCanada
HUBLHarvest US Bank Leaders Income ETF3.9%US BanksCanada
HPFHarvest Energy Leaders Plus Income ETF3.6%EnergyCanada
TickerFixed Income ETFs
WeightSectorCountry
HPYMHarvest Premium Yield 7-10 Year Treasury ETF18.6%Government BondsCanada
HPYTHarvest Premium Yield Treasury ETF12.2%Government BondsCanada
TBILHarvest Canadian T-Bill ETF 6.3%Cash EquivalentsCanada
iShares Core Canadian Short Term Bond Index ETF6.3%Cash EquivalentsCanada
BMO Short Provincial Bond Index ETF6.3%Cash EquivalentsCanada
Cash and other assets and liabilities(24.9)%


HBIE Historical Daily Prices (CLICK HERE)

Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials

Investment Goal

The Harvest Balanced Income & Growth Enhanced ETF seeks to provide unitholders with high monthly cash distributions and the opportunity for capital appreciation by investing, on a levered basis, that will replicate the portfolio of the Harvest Balanced Income & Growth ETF (TSX:HBIG).  

Benefits of investing in HBIE

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

  • Provides enhanced exposure, by investing in a portfolio that replicates the Harvest Balanced Income & Growth ETF (HBIG), to:

    • A diversified portfolio of high quality large-cap equities and investment grade bonds
    • Tactical asset allocation leveraging portfolio management expertise
    • Covered call strategy used to enhance portfolio income potential and lower portfolio volatility
HBIE Product Sheet


Key ETF Details

As at May 31, 2024

ETF DetailsUnit
TSX CodeHBIE
CUSIP41752L107
CurrencyCAD-Hedged (underlying ETFs)
Inception Date2024/04/15
Management StyleActive with Covered Calls (underlying ETFs)
Asset ClassBalanced with Covered Calls
Holdings13 ETFs
Eligible | FHSARRSP | RRIF | RESP | TFSA
Management FeeZero Management Fee (ETF is subject to fees of the underlying ETFs in the portfolio)
Risk Ratingmed_risk_bar
Distribution FactsUnit
Cash Distribution Per Unit$0.2000
Last Record Date2024/05/31
Cash Distributions Since Inception$0.4000
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP

Investor Documents

Product Sheet Fr


ETFs Booklet En | Fr


Investor Brochure EnFr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr

Recent Insights

Disclaimer

Harvest Balanced Income & Growth Enhanced ETF

Commissions, management fees and expenses all may be associated with investing in HARVEST Exchange Traded Funds managed by Harvest Portfolios Group Inc. (the “Funds” or a “Fund”). Please read the relevant prospectus before investing. 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.

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 units of the Fund. If a Fund earns less than the amounts distributed, the difference is a return of capital.

Certain statements included in this communication constitute forward-looking statements (“FLS”, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Funds. The FLS are not historical facts but reflect the Harvest’s and the portfolio manager of the Funds current expectations regarding future results or events. These FLS are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Harvest and the portfolio manager of the Funds believe that the assumptions inherent in the FLS are reasonable, FLS are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Funds, Harvest and the portfolio manager of the Funds undertake no obligation to update publicly or otherwise revise any FLS or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.