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 5 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 2022/05/16

TICKER

HDIF

TSX
CURRENCY

CAD

-
NAV

$8.90

Updated Daily
MKT PRICE

$8.92

Updated Daily
NET AUM*

$90.53M

Updated Daily
MGMT STYLE

Active

With Covered Calls
CURRENT YIELD

9.52%

Annual
DISTRIBUTIONS

$0.0708

Per unit
DISTRIBUTIONS

Monthly

Frequency
HOLDINGS

5

ETFs

Distributions

Last Ex-dividend Date:

2022-04-28

Last Record Date:

2022-04-29

Last Payment Date:

2022-05-09

Last Cash Distribution Per Unit:

$0.0708

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$0.1416

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022-04-282022-04-292022-05-09$0.0708Monthly
2022-03-302022-03-312022-04-08$0.0708Monthly


Sub-Sector Allocation

As at April 29, 2022

Holdings

As at April 29, 2022

TickerETF NameWeightSector 
HUTLHarvest Equal Weight Global Utilities Income ETF27.9%Utilities
HHLHarvest Healthcare Leaders Income ETF27.7%Healthcare
HBFHarvest Brand Leaders Plus Income ETF25.0%Global Brands
HTAHarvest Tech Achievers Growth & Income ETF24.0%Technology
HUBLHarvest US Bank Leaders Income ETF22.2%US Banks
Cash and other assets and liabilities
(26.9)%


Documents

DocumentLanguageTypeDate
Why InvestEnglishFrenchInformation Materials2022/02/15
Investor BookletEnglish-Information Materials2022/02/15
ETF Products BookletEnglishFrenchInformation Materials2022/01/31
ETF FactsEnglishFrenchETF Facts2022/02/04
ProspectusEnglishFrenchProspectus2022/02/04
2021 Annual DistributionsEnglish-Annual Distributions Summary2021/12/31
MER SummaryEnglish-MER Summary2021/06/30

Investment Objective

Harvest Diversified Monthly Income ETF offers a portfolio of 5 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

  • 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 income yields at an 8.50% target

  • Modest leverage anticipated at an initial 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.)


ETF Facts

As at April 29, 2022

Quick ETF FactsUnit
TSX CodeHDIF
CUSIP41753N102
CurrencyCAD
Inception Date2022/02/04
Holdings5 ETFs
Management StyleActive (with Covered Calls)
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 Date2022-04-29
Cash Distributions Since Inception**CA$0.1416
Distribution FrequencyMonthly
Distribution MethodCash or DRIP
HDIF Booklet

INTERACT NOW!

Investor Documents

Why Invest Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus 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.

Sign up to receive our monthly updates

SUBSCRIBE

Join Us & Stay Informed!

* indicates required




You will receive the following timely, topical updates as well as informative content pieces:

  • •  Current Market Insights & Investment Highlights
  • •  Informative Macro Commentary
  • •  Latest Podcasts & Video
  • •  Monthly Distribution Updates & New Product Launch
  • •  Harvest ETF Booklet Updates


Confirm *