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HDIF

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 holds a portfolio 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 2023/09/22

TICKER

HDIF

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$7.54

Updated Daily
MKT PRICE CLOSE

$7.53

Updated Daily
NET AUM*

$328.89M

Updated Daily
MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CURRENT YIELD

11.28%

Updated Daily
DISTRIBUTIONS

$0.0708

Cash, Per unit
DISTRIBUTIONS

Monthly

Frequency
HOLDINGS

7

Underlying ETFs

Distributions

Last Ex-dividend Date:

2023-08-30

Last Record Date:

2023-08-31

Last Payment Date:

2023-09-08

Last Cash Distribution Per Unit:

$0.0708

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$1.2744

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2023-08-302023-08-312023-09-08$0.0708Monthly
2023-07-282023-07-312023-08-09$0.0708Monthly
2023-06-292023-06-302023-07-07$0.0708Monthly
2023-05-302023-05-312023-06-09$0.0708Monthly
2023-04-272023-04-282023-05-09$0.0708Monthly
2023-03-302023-03-312023-04-06$0.0708Monthly
2023-02-272023-02-282023-03-09$0.0708Monthly
2023-01-302023-01-312023-02-09$0.0708Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022-12-292022-12-302023-01-09$0.0708Monthly
2022-11-292022-11-302022-12-09$0.0708Monthly
2022-10-282022-10-312022-11-09$0.0708Monthly
2022-09-282022-09-292022-10-07$0.0708Monthly
2022-08-302022-08-312022-09-09$0.0708Monthly
2022-07-282022-07-292022-08-09$0.0708Monthly
2022-06-292022-06-302022-07-08$0.0708Monthly
2022-05-302022-05-312022-06-09$0.0708Monthly
2022-04-282022-04-292022-05-09$0.0708Monthly
2022-03-302022-03-312022-04-08$0.0708Monthly


Sub-Sector Allocation

Underlying ETFs - As at August 31, 2023

Holdings

As at August 31, 2023

TickerETF NameWeightSectorCountry 
HBFHarvest Brand Leaders Plus Income ETF18.4%DiversifiedCanada
HTAHarvest Tech Achievers Growth & Income ETF18.0%Information TechnologyCanada
HLIFHarvest Canadian Equity Income Leaders ETF17.8%DiversifiedCanada
HHLHarvest Healthcare Leaders Income ETF17.7%Health CareCanada
HUTLHarvest Equal Weight Global Utilities Income ETF17.6%UtilitiesCanada
TRVIHarvest Travel & Leisure Income ETF17.0%DiversifiedCanada
HUBLHarvest US Bank Leaders Income ETF16.6%US BanksCanada
Cash and other assets and liabilities
(23.2)%


Annualized Performance

As at August 31, 2023

Symbol1M3M6MYTD1YSI 
HDIF(4.39)3.821.515.423.68(6.04)

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Calendar Year Performance

As at August 31, 2023

Ticker2022
HDIF(13.86)

Download CSV

Cumulative Market Price#

(Monthly Distribution: $0.0708)

Cumulative Growth $10,000 Invested

(NAV pricing)

HDIF Historical Daily Prices (CLICK HERE)


Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BookletEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglish-Information Materials
MER SummaryEnglishFrenchInformation Materials
2023 Interim Financial StatementsEnglishFrenchStatements/MRFPs
2023 Interim Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2023 Quarterly Summary - Q1English-Portfolio Disclosure
2022 Annual Distributions SummaryEnglish-Information Materials
2022 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2022 Annual Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2022 Interim Financial StatementsEnglishFrenchStatements/MRFPs
2022 Interim Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2022 Quarterly Summary - Q3English-Portfolio Disclosure
2022 Quarterly Summary - Q1English-Portfolio Disclosure
2021 Annual Distributions SummaryEnglish-Information Materials
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

Investment Goal

Harvest Diversified Monthly Income ETF offers a portfolio of Harvest ETFs positioned to deliver steady monthly income. The multi-sector portfolio is comprised of large global companies diversified across key sectors: Healthcare, Technology, and Utilities among others. 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

  • One stop diversified core monthly income solution

  • Access to leading large-cap companies diversified across sectors and geographies

  • Exposure to powerful long-term growth trends

  • Consistent high income yields

  • Modest leverage at approximately 1.25x to enhance income

  • Covered call strategy to enhance income potential and lower volatility

  • Zero management fee (subject to fees of the underlying ETFs held in the HDIF portfolio.)

HDIF Product Sheet


Key ETF Details

As at August 31, 2023

ETF DetailsUnit
TSX CodeHDIF
CUSIP41753N102
CurrencyCAD-Hedged (underlying ETFs)
Inception Date2022/02/04
Holdings7 ETFs
Management StyleActive with Covered Calls (underlying ETFs)
EligibleRRSP | 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
Last Cash Distribution Per UnitCA$0.0708
Last Record Date2023-08-31
Cash Distributions Since Inception**CA$1.2744
Distribution FrequencyMonthly
Distribution MethodCash or DRIP
HDIF Interactive Brochure

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Investor Documents

Product Sheet Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr

Relevant Posts

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.

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

 

HHL Harvest Healthcare Leaders Income ETF
HBF Harvest Brand Leaders Plus Income ETF
HTA Harvest Tech Achievers Growth & Income ETF
HUTL Harvest Equal Weight Global Utilities Income ETF
HGR Harvest Global REIT Leaders Income ETF
HPF Harvest Energy Leaders Plus Income ETF
HUBL Harvest US Bank Leaders Income ETF
HLIF Harvest Canadian Equity Income Leaders ETF
TRVI Harvest Travel & Leisure Income ETF
HRIF Harvest Diversified Equity Income ETF
HHLE Harvest Healthcare Leaders Enhanced Income ETF
HBFE Harvest Brand Leaders Enhanced Income ETF
HTAE Harvest Tech Achievers Enhanced Income ETF
HUTE Harvest Equal Weight Global Utilities Enhanced Income ETF
HLFE Harvest Canadian Equity Enhanced Income Leaders ETF
HDIF Harvest Diversified Monthly Income ETF
HGGG Harvest Global Gold Giants Index ETF
HBLK Blockchain Technologies ETF
TRVL Harvest Travel & Leisure Index ETF
HCLN Harvest Clean Energy ETF