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 the Harvest Healthcare Leaders Income ETF (HHL:TSX). It offers access to the same portfolio of leading US healthcare companies, with enhanced monthly cashflow.
The large-cap US healthcare companies held in the underlying portfolio uniquely combine technological and scientific innovation with powerful, non-cyclical demand tailwinds. We all need healthcare, especially as the developed world ages and the developing world becomes wealthier. We all need healthcare companies to innovate, and in this sector large-cap companies both generate and capture value from innovation.
Key Facts
As at 2023/03/20
TICKER
HHLE
TSX
CURRENCY
CAD
Hedged
Underlying ETF
NAV
$9.90
Updated Daily
MKT PRICE CLOSE
$9.91
Updated Daily
NET AUM*
$9.65M
Updated Daily
MGMT STYLE
Active
With Covered Calls
Underlying ETF
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.0913
Cash, Per Unit
CURRENT YIELD
11.06%
Updated Daily
HOLDING
HHL
Underlying ETF
Distributions
|
Last Ex-dividend Date: 2023-02-27 |
|
Last Record Date: 2023-02-28 |
|
Last Payment Date: 2023-03-09 |
|
Last Cash Distribution Per Unit: $0.0913 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception: $0.3652 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2023-02-27 | 2023-02-28 | 2023-03-09 | $0.0913 | Monthly |
| 2023-01-30 | 2023-01-31 | 2023-02-09 | $0.0913 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-12-29 | 2022-12-30 | 2023-01-09 | $0.0913 | Monthly |
| 2022-11-29 | 2022-11-30 | 2022-12-09 | $0.0913 | Monthly |
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 |
| Covered Call Writing | English | French | Information Materials |
| 2022 Annual Distributions Summary | English | - | Annual Distributions Summary |
| MER Summary | English | - | MER Summary |
| Proxy Voting Policy | English | - | Proxy Voting |
Investment Objective
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
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ETF Facts
As at February 28, 2023
| Quick ETF Facts | Unit |
|---|---|
| TSX Code | HHLE |
| CUSIP | 41755U104 |
| Currency | CAD-Hedged (underlying class A ETF) |
| Inception Date | 2022/10/25 |
| Management Style | Active with Covered Calls (underlying ETF) |
| Eligible | RRSP | RRIF | RESP | TFSA |
| Management Fee | Zero Management Fee (ETF is subject to fees of the underlying ETF in the portfolio) |
| Risk Rating |  |
| Distribution Facts | Unit |
| Last Cash Distribution Per Unit | CA$0.0913 |
| Last Record Date | 2023-02-28 |
| Cash Distributions Since Inception | CA$0.3652 |
| Cash Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
Relevant Posts
Inside Canada’s largest Healthcare Income ETF
Harvest ETFs President & CEO Michael Kovacs explains how the Harvest Healthcare Leaders…
Hedged vs Unhedged ETFs explained | ETFs
Currency hedging can impact an ETF’s price and overall performance, learn about hedged and unhedged…
Why Healthcare could lead this market cycle | HHL
Chief Investment Officer explains why this massive sector has the right mix of styles and innovation to show…
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.) 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.
