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 Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2023-05-30 | 2023-05-31 | 2023-06-09 | $0.0708 | Monthly |
| 2023-04-27 | 2023-04-28 | 2023-05-09 | $0.0708 | Monthly |
| 2023-03-30 | 2023-03-31 | 2023-04-06 | $0.0708 | Monthly |
| 2023-02-27 | 2023-02-28 | 2023-03-09 | $0.0708 | Monthly |
| 2023-01-30 | 2023-01-31 | 2023-02-09 | $0.0708 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-12-29 | 2022-12-30 | 2023-01-09 | $0.0708 | Monthly |
| 2022-11-29 | 2022-11-30 | 2022-12-09 | $0.0708 | Monthly |
| 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 May 31, 2023
Holdings
As at May 31, 2023
Annualized Performance
As at April 30, 2023
| Symbol | 1M | 3M | 6M | YTD | 1Y | SI | |
|---|---|---|---|---|---|---|---|
| HDIF | 2.70 | (1.71) | 4.77 | 4.77 | (1.50) | (8.11) |
Calendar Year Performance †
As at April 30, 2023
| Ticker | 2022 |
|---|---|
| HDIF | (13.86) |
Cumulative Market Price#
(Monthly Distribution: $0.0708)
Cumulative Growth $10,000 Invested
(NAV pricing)
HDIF Historical Daily Prices (CLICK HERE)
Documents
| Document | Language | Type | |
|---|---|---|---|
| ETF Facts | English | French | Information Materials |
| Investor Booklet | English | - | Information Materials |
| ETF Products Booklet | English | French | Information Materials |
| Regulatory ETF Facts | English | French | Regulatory ETF Facts |
| Prospectus | English | French | Prospectus |
| 2023 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
| 2022 Annual Financial Statements | English | French | Statements/MRFPs |
| 2022 Annual Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2022 Interim Financial Statements | English | French | Statements/MRFPs |
| 2022 Interim Management Report of Fund Performance | English | French | Statements/MRFPs |
| 2022 Quarterly Summary - Q3 | English | - | Portfolio Disclosure |
| 2022 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
| 2022 Annual Distributions Summary | English | - | Annual Distributions Summary |
| 2021 Annual Distributions Summary | English | - | Annual Distributions Summary |
| Covered Call Writing | English | French | Information Materials |
| MER Summary | English | - | MER Summary |
| PFIC Annual Information Statement | English | - | Information Statement |
| IRS Form 8937 | English | - | Tax Form |
| 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 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
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ETF Facts
As at May 31, 2023
| Quick ETF Facts | Unit |
|---|---|
| TSX Code | HDIF |
| CUSIP | 41753N102 |
| Currency | CAD-Hedged (underlying ETFs) |
| Inception Date | 2022/02/04 |
| Holdings | 7 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 | 2023-05-31 |
| Cash Distributions Since Inception** | CA$1.0620 |
| 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.
† 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.