Harvest ESG Equity Income
Index ETF
Monthly Cashflow from an ESG ETF
The Harvest ESG Equity Income Index ETF is designed to deliver monthly income from an index portfolio built with a structured ESG screening process. Income is generated from this portfolio through an active covered call strategy. HESG is a core ESG screened equity income portfolio that delivers monthly cashflow.
Key Facts
As at 2023/06/02
TICKER
HESG
TSX
CURRENCY
CAD
Unhedged
NAV
$11.35
Updated Daily
MKT PRICE CLOSE
$11.36
Updated Daily
NET AUM*
$3.40M
Updated Daily
MGMT STYLE
Index
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.0583
Cash, Per Unit
CURRENT YIELD
6.16%
Updated Daily
HOLDINGS
30
ESG Screened Equities
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: $0.0583 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception: $0.4664 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2023-05-30 | 2023-05-31 | 2023-06-09 | $0.0583 | Monthly |
| 2023-04-27 | 2023-04-28 | 2023-05-09 | $0.0583 | Monthly |
| 2023-03-30 | 2023-03-31 | 2023-04-06 | $0.0583 | Monthly |
| 2023-02-27 | 2023-02-28 | 2023-03-09 | $0.0583 | Monthly |
| 2023-01-30 | 2023-01-31 | 2023-02-09 | $0.0583 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-12-29 | 2022-12-30 | 2023-01-09 | $0.0583 | Monthly |
| 2022-11-29 | 2022-11-30 | 2022-12-09 | $0.0583 | Monthly |
| 2022-10-28 | 2022-10-31 | 2022-11-09 | $0.0583 | Monthly |
Portfolio Analysis‡
As at May 31, 2023
|
Number of Equity Securities: 30 |
|
Average Market Capitalization (CAD): $640B |
|
Average P/E: 23.4x |
|
Average Dividend Yield: 1.98% |
|
Average 5 Year Return on Equity: 34.71% |
|
. |
|
As at May 31, 2023 |
Holdings
As at May 31, 2023
| Name | Ticker | Weight | Sector | Country |
|---|---|---|---|---|
| Broadcom Inc. | AVGO US | 4.3% | Information Technology | United States |
| NVIDIA Corporation | NVDA US | 4.3% | Information Technology | United States |
| Adobe Inc. | ADBE US | 3.9% | Information Technology | United States |
| Accenture PLC | ACN US | 3.7% | Information Technology | United States |
| Meta Platforms, Inc. | META US | 3.6% | Communication Services | United States |
| Salesforce, Inc. | CRM US | 3.6% | Information Technology | United States |
| Texas Instruments Incorporated | TXN US | 3.5% | Information Technology | United States |
| Cisco Systems, Inc. | CSCO US | 3.4% | Information Technology | United States |
| Microsoft Corporation | MSFT US | 3.4% | Information Technology | United States |
| Apple Inc. | AAPL US | 3.3% | Information Technology | United States |
| Wells Fargo & Company | WFC US | 3.3% | Financials | United States |
| Bank of America Corporation | BAC US | 3.2% | Financials | United States |
| Eli Lilly and Company | LLY US | 3.2% | Health Care | United States |
| The Home Depot, Inc. | HD US | 3.2% | Consumer Discretionary | United States |
| Pfizer Inc. | PFE US | 3.2% | Health Care | United States |
| Johnson & Johnson | JNJ US | 3.1% | Health Care | United States |
| Linde PLC | LIN US | 3.1% | Materials | United States |
| Mastercard Incorporated | MA US | 3.1% | Financials | United States |
| Thermo Fisher Scientific Inc. | TMO US | 3.1% | Health Care | United States |
| UnitedHealth Group Incorporated | UNH US | 3.1% | Health Care | United States |
| Verizon Communications Inc. | VZ US | 3.1% | Communication Services | United States |
| Visa Inc. | V US | 3.1% | Financials | United States |
| Walmart Inc. | WMT US | 3.1% | Consumer Staples | United States |
| AbbVie Inc. | ABBV US | 3.0% | Health Care | United States |
| The Coca-Cola Company | KO US | 3.0% | Consumer Staples | United States |
| Merck & Co., Inc. | MRK US | 3.0% | Health Care | United States |
| PepsiCo, Inc. | PEP US | 3.0% | Consumer Staples | United States |
| The Procter & Gamble Company | PG US | 3.0% | Consumer Staples | United States |
| Abbott Laboratories | ABT US | 2.9% | Health Care | United States |
| The Walt Disney Company | DIS US | 2.8% | Communication Services | United States |
| Cash and other assets and liabilities | 1.4% | |||
| Market value of options | (0.3)% |
Documents
| Document | Language | Type | |
|---|---|---|---|
| ETF Facts | English | French | Information Materials |
| Investor Brochure | English | - | Information Materials |
| ETF Products Booklet | English | French | Information Materials |
| Regulatory ETF Facts | English | French | Regulatory ETF Facts |
| Prospectus | English | French | Prospectus |
| MER Summary | English | - | MER Summary |
| Covered Call Writing | English | French | Information Materials |
| 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 Annual Distributions Summary | English | - | Annual Distributions Summary |
| 2022 Quarterly Summary - Q3 | English | - | Portfolio Disclosure |
| PFIC Annual Information Statement | English | - | Information Statement |
| IRS Form 8937 | English | - | Tax Form |
| Proxy Voting Policy | English | - | Proxy Voting |
Investment Objective
The objective of the Harvest ESG Equity Income Index ETF is to track, to the extent reasonably possible before fees and expenses, the performance of the Solactive ISS ESG US Equity Index TR or any successor thereto, while mitigating downside risk. The Harvest ESG Equity Income ETF invests primarily in the equity constituents of Solactive ESG US Equity Index TR, or any successor thereto, while writing covered call options on up to 33% of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors.
Benefits of investing in HESG
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ETF Facts
As at May 31, 2023
| Quick ETF Facts | Unit |
|---|---|
| TSX Code | HESG |
| CUSIP | 41753Q105 |
| Currency | CAD-Unhedged |
| Inception Date | 2022/09/22 |
| Management Style | Index with Covered Calls |
| Eligible | RRSP | RRIF | RESP | TFSA |
| Management Fee | 0.65% |
| Risk Rating |  |
| Distribution Facts | Unit |
| Last Cash Distribution Per Unit | CA$0.0583 |
| Last Record Date | 2023-05-31 |
| Cash Distributions Since Inception | CA$0.4664 |
| Cash Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
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The Harvest ESG Equity Income Index ETF follows a structured process to
Disclaimer
Harvest ESG Equity Income Index ETF
Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds (managed by Harvest Portfolios Group Inc.) The ETFs are not guaranteed, their values change frequently and past performance may not be repeated. Please read the relevant prospectus before investing. 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.
‡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.
Solactive Indices
The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade name or the Index Price at any time or in any other respect. The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the financial instrument. Neither publication of the Index by Solactive AG nor the licensing of the Index or Index trade name for the purpose of use in connection with the financial instrument constitutes a recommendation by Solactive AG to invest capital in said financial instrument nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this financial instrument.