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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 2023/06/02

TICKER

HDIF

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$7.91

Updated Daily
MKT PRICE CLOSE

$7.90

Updated Daily
NET AUM*

$321.24M

Updated Daily
MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CURRENT YIELD

10.75%

Updated Daily
DISTRIBUTIONS

$0.0708

Cash, Per unit
DISTRIBUTIONS

Monthly

Frequency
HOLDINGS

7

Underlying ETFs

Distributions

Last Ex-dividend Date:

2023-05-30

Last Record Date:

2023-05-31

Last Payment Date:

2023-06-09

Last Cash Distribution Per Unit:

$0.0708

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$1.0620

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
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 May 31, 2023

Holdings

As at May 31, 2023

TickerETF NameWeightSectorCountry 
HTAHarvest Tech Achievers Growth & Income ETF20.7%Information TechnologyCanada
HBFHarvest Brand Leaders Plus Income ETF19.8%DiversifiedCanada
HLIFHarvest Canadian Equity Income Leaders ETF19.4%DiversifiedCanada
HHLHarvest Healthcare Leaders Income ETF19.3%Health CareCanada
HUTLHarvest Equal Weight Global Utilities Income ETF19.0%UtilitiesCanada
HUBLHarvest US Bank Leaders Income ETF16.9%US BanksCanada
TRVIHarvest Travel & Leisure Income ETF9.7%DiversifiedCanada
Cash and other assets and liabilities
(24.9)%


Annualized Performance

As at April 30, 2023

Symbol1M3M6MYTD1YSI 
HDIF2.70(1.71)4.774.77(1.50)(8.11)

Download CSV

Calendar Year Performance

As at April 30, 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
ETF FactsEnglishFrenchInformation Materials
Investor BookletEnglish-Information Materials
ETF Products BookletEnglishFrenchInformation Materials
Regulatory ETF FactsEnglishFrenchRegulatory ETF Facts
ProspectusEnglishFrenchProspectus
2023 Quarterly Summary - Q1English-Portfolio Disclosure
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
2022 Annual Distributions SummaryEnglish-Annual Distributions Summary
2021 Annual Distributions SummaryEnglish-Annual Distributions Summary
Covered Call WritingEnglishFrenchInformation Materials
MER SummaryEnglish-MER Summary
PFIC Annual Information StatementEnglish-Information Statement
IRS Form 8937English-Tax Form
Proxy Voting PolicyEnglish-Proxy Voting
February 16, 2022 to June 30, 2022 Proxy SummaryEnglish-Proxy Voting

Investment Objective

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 ETF Facts


ETF Facts

As at May 31, 2023

Quick ETF FactsUnit
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 Date2023-05-31
Cash Distributions Since Inception**CA$1.0620
Distribution FrequencyMonthly
Distribution MethodCash or DRIP
HDIF Interactive Brochure

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Investor Documents

ETF Facts Fr


Investor Brochure En


ETFs Booklet En | Fr


Regulatory 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.

 

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