Harvest Diversified Monthly Income ETF
Reliable Income – Diverse Growth Opportunities
The Harvest Diversified Monthly Income ETF is built to deliver the consistent monthly income and diverse growth opportunities that Harvest ETFs are known for. This ETF is an equal weight basket of Harvest’s equity income ETFs, a multi-sector portfolio capturing a large and diverse set of high-quality companies. Existing yields are combined with a covered call option to generate income and offset volatility.
Key Facts
As at 2022/11/25
TICKER
HDIF
TSX
CURRENCY
CAD-Hedged
Underlying ETFs
NAV
$8.50
Updated Daily
MKT PRICE CLOSE
$8.51
Updated Daily
NET AUM*
$229.62M
Updated Daily
MGMT STYLE
Active
With Covered Calls
Underlying ETFs
CURRENT YIELD
9.98%
Updated Daily
DISTRIBUTIONS
$0.0708
Cash, Per unit
DISTRIBUTIONS
Monthly
Frequency
HOLDINGS
6
ETFs
Distributions
|
Last Ex-dividend Date: 2022-10-28 |
|
Last Record Date: 2022-10-31 |
|
Last Payment Date: 2022-11-09 |
|
Last Cash Distribution Per Unit: $0.0708 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception: $0.5664 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-10-28 | 2022-10-31 | 2022-11-09 | $0.0708 | Monthly |
| 2022-09-28 | 2022-09-29 | 2022-10-07 | $0.0708 | Monthly |
| 2022-08-30 | 2022-08-31 | 2022-09-09 | $0.0708 | Monthly |
| 2022-07-28 | 2022-07-29 | 2022-08-09 | $0.0708 | Monthly |
| 2022-06-29 | 2022-06-30 | 2022-07-08 | $0.0708 | Monthly |
| 2022-05-30 | 2022-05-31 | 2022-06-09 | $0.0708 | Monthly |
| 2022-04-28 | 2022-04-29 | 2022-05-09 | $0.0708 | Monthly |
| 2022-03-30 | 2022-03-31 | 2022-04-08 | $0.0708 | Monthly |
Sub-Sector Allocation
Underlying ETFs - As at October 31, 2022
Holdings
As at October 31, 2022
Documents
| Document | Language | Type | |
|---|---|---|---|
| Why Invest | English | French | Information Materials |
| Investor Booklet | English | - | Information Materials |
| ETF Products Booklet | English | French | Information Materials |
| ETF Facts | English | French | ETF Facts |
| Prospectus | English | French | Prospectus |
| 2022 Interim Financial Statements | English | French | Statements/MRFPs |
| 2022 Interim Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2022 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
| 2021 Annual Distributions | English | - | Annual Distributions Summary |
| Covered Call Writing | English | French | Information Materials |
| MER Summary | English | - | MER Summary |
| Proxy Voting Policy | English | - | Proxy Voting |
| February 16, 2022 to June 30, 2022 Proxy Summary | English | - | Proxy Voting |
Investment Objective
Harvest Diversified Monthly Income ETF offers a portfolio of equally weighted Harvest ETFs positioned to deliver steady monthly income. The multi-sector portfolio is comprised of large global companies diversified across key sectors: Healthcare, Global Brands, Technology, Utilities, and US Banks. The ETF is designed to provide a consistent monthly income stream with an opportunity for growth. The portfolio is reconstituted and rebalanced at a minimum quarterly. To generate an enhanced monthly distribution yield, an active covered call strategy is applied on up to 33% of each equity securities held in underlying portfolios.
Benefits of investing in HDIF
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ETF Facts
As at October 31, 2022
| Quick ETF Facts | Unit |
|---|---|
| TSX Code | HDIF |
| CUSIP | 41753N102 |
| Currency | CAD-Hedged (underlying ETFs) |
| Inception Date | 2022/02/04 |
| Holdings | 6 ETFs |
| Management Style | Active with Covered Calls (underlying ETFs) |
| Eligible | RRSP | RRIF | RESP | TFSA |
| Management Fee | Zero Management Fee (ETF is subject to fees of the underlying ETFs in the portfolio) |
| Risk Rating |  |
| Distribution Facts | Unit |
| Last Cash Distribution Per Unit | CA$0.0708 |
| Last Record Date | 2022-10-31 |
| Cash Distributions Since Inception** | CA$0.5664 |
| Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
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Disclaimer
Harvest Diversified Monthly 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. The Fund is not guaranteed, its values changes frequently and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.
* Represents aggregate AUM of all classes denominated in Canadian dollars.
