HHLE

Harvest Healthcare Leaders Enhanced Income ETF

Enhanced Income From A Vital Sector

This ETF is built to deliver enhanced income and growth opportunities by applying modest leverage to an investment in the Harvest Healthcare Leaders Income ETF (HHL:TSX). It offers access to the same portfolio of large-cap US healthcare companies with enhanced monthly cashflow.

HHL

Key Facts

As at 2024/04/19

TICKER

HHLE

TSX
CURRENCY

CAD

Hedged Underlying ETF
NAV

$9.99

Updated Daily
MKT PRICE CLOSE

$10.00

Updated Daily
NET AUM*

$31.71M

Updated Daily
MGMT STYLE

Active

With Covered Calls Underlying ETF
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0913

Cash, Per Unit
CURRENT YIELD

10.96%

Updated Daily
HOLDING

HHL

Underlying ETF

Key Facts

As at 2024/04/19

TICKER

HHLE

TSX
CURRENCY

CAD

Hedged
Underlying ETF
NAV

$10.00

Updated Daily
MKT PRICE CLOSE

$10.00

Updated Daily
NET AUM*

$31.71M

Updated Daily
MGMT STYLE

Active

With Covered Calls
Underlying ETF
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0913

Cash, Per Unit
CURRENT YIELD

10.96%

Updated Daily
HOLDING

HHL

Underlying ETF

Distributions

Last Ex-dividend Date:

2024/03/27

Last Record Date:

2024/03/28

Last Payment Date:

2024/04/09

Last Cash Distribution Per Unit:

$0.0913

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$1.5521

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2024/03/272024/03/282024/04/09$0.0913Monthly
2024/02/282024/02/292024/03/08$0.0913Monthly
2024/01/302024/01/312024/02/09$0.0913Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2023/12/282023/12/292024/01/09$0.0913Monthly
2023/11/292023/11/302023/12/08$0.0913Monthly
2023/10/302023/10/312023/11/09$0.0913Monthly
2023/09/282023/09/292023/10/06$0.0913Monthly
2023/08/302023/08/312023/09/08$0.0913Monthly
2023/07/282023/07/312023/08/09$0.0913Monthly
2023/06/292023/06/302023/07/07$0.0913Monthly
2023/05/302023/05/312023/06/09$0.0913Monthly
2023/04/272023/04/282023/05/09$0.0913Monthly
2023/03/302023/03/312023/04/06$0.0913Monthly
2023/02/272023/02/282023/03/09$0.0913Monthly
2023/01/302023/01/312023/02/09$0.0913Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022/12/292022/12/302023/01/09$0.0913Monthly
2022/11/292022/11/302022/12/09$0.0913Monthly

2023 Annual Tax Information can be accessed here.


Sub-Sector Allocation

Underlying ETF - As at March 28, 2024

Geographic Allocation

Underlying ETF - As at March 28, 2024

Holdings

As at March 28, 2024

TickerETF NameWeightSectorCountry 
HHLHarvest Healthcare Leaders Income ETF124.9%HealthcareCanada
Cash and other assets and liabilities
(24.9)%


Annualized Performance

As at March 31, 2024

Ticker1M3M6MYTD1YSI 
HHLE1.358.6216.258.6217.7416.36

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Calendar Year Performance

As at March 31, 2024

Ticker20232022
HHLE6.863.73

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Cumulative Market Price#

(Monthly Distribution: $0.0913)

Cumulative Growth $10,000 Invested (NAV pricing)

 


The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

HHLE Historical Daily Prices (CLICK HERE)


Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BrochureEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials
MER SummaryEnglishFrenchInformation Materials
2023 Annual Distributions SummaryEnglish-Information Materials
2023 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2023 Annual Management Report of Fund PerformanceEnglishFrenchStatements/MRFPs
2023 Quarterly Summary - Q3English-Portfolio Disclosure
2023 Quarterly Summary - Q1English-Portfolio Disclosure
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

HHLE Historical Documents (CLICK HERE)


Investment Goal

Harvest Healthcare Leaders Enhanced Income ETF’s investment objectives are to provide holders of Units (“Unitholders”) with high monthly cash distributions and the opportunity for capital appreciation by investing, on a levered basis, in the Harvest Healthcare Leaders Income ETF (HHL:TSX), an exchange traded fund managed by Harvest Portfolios Group Inc..

 

Benefits of investing in HHLE

  • Access to global trends driving long-term growth in healthcare sector

  • Diversified exposure to 20 large capitalization global healthcare stocks

  • Covered call strategy to enhance portfolio income potential and lower portfolio volatility

  • Modest leverage at around 25% to enhance monthly cashflow and growth prospects

  • Provides enhanced exposure by investing in the Harvest Healthcare Leaders Income ETF (HHL)

HHLE Product Sheet

Key ETF Details

As at March 28, 2024

ETF DetailsUnit
TSX CodeHHLE
CUSIP41755U104
CurrencyCAD-Hedged (underlying class A ETF)
Inception Date2022/10/25
Management StyleActive with Covered Calls (underlying ETF)
EligibleRRSP | RRIF | RESP | TFSA
Management FeeZero Management Fee (ETF is subject to fees of the underlying ETF in the portfolio)
Risk Ratingmed_to_high_risk_bar
Distribution FactsUnit
Last Cash Distribution Per UnitCA$0.0913
Last Record Date2024/03/28
Cash Distributions Since InceptionCA$1.5521
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Annual Distributions SummaryPDF View
Enhanced Interactive Brochure

Investor Documents

Product Sheet Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr


MER Summary En | Fr

Relevant Posts

Disclaimer

Harvest Healthcare Leaders Enhanced 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 (except for figures of one year or less, which are simple total returns) including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Tax investment and all other decisions should be made with guidance from a qualified professional.

The current yield represents an annualized amount that is comprised of 12 unchanged monthly distributions (using the most recent month’s distribution figure multiplied by 12) as a percentage of the closing market price of the Fund. The current yield does not represent historical returns of the ETF but represents the distribution an investor would receive if the most recent distribution stayed the same going forward.

* 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 Healthcare Leaders Enhanced Income ETF ("HHLE") using the daily market close on the TSX and identifies the monthly cash distributions paid by HHLE 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 HHLE or returns on investment in HHLE, which will vary.