Harvest Canadian Equity Enhanced Income Leaders ETF
Enhanced Income from Canadian Leaders
This ETF is built to deliver enhanced income and growth opportunities by applying modest leverage to the Harvest Canadian Equity Income Leaders ETF (HLIF:TSX). It offers access to the same portfolio of dividend-paying Canadian companies, with enhanced monthly cashflow.
Canada is home to some of the most dominant companies in the world. In industries like banking, telecommunications, energy, and utilities a few key players have huge market shares, significant financial reserves, and long histories of dividend payment. This ETF captures these potent traits of Canada’s leading companies by combining them with Harvest’s process for generating equity income.
Key Facts
As at 2023/03/20
TICKER
HLFE
TSX
CURRENCY
CAD
Unhedged
Underlying ETF
NAV
$9.97
Updated Daily
MKT PRICE CLOSE
$9.98
Updated Daily
NET AUM*
$4.74M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls
Underlying ETF
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.0804
Cash, Per Unit
CURRENT YIELD
9.67%
Updated Daily
HOLDING
HLIF
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: $0.0804 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception: $0.3216 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2023-02-27 | 2023-02-28 | 2023-03-09 | $0.0804 | Monthly |
| 2023-01-30 | 2023-01-31 | 2023-02-09 | $0.0804 | Monthly |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-12-29 | 2022-12-30 | 2023-01-09 | $0.0804 | Monthly |
| 2022-11-29 | 2022-11-30 | 2022-12-09 | $0.0804 | Monthly |
|
Underlying ETF - As at February 28, 2023 |
|
Underlying ETF - As at February 28, 2023 |
Holdings
As at February 28, 2023
| Ticker | ETF Name | Weight | Sector | Country | |
|---|---|---|---|---|---|
 | Harvest Canadian Equity Income Leaders ETF | 124.7% | Diversified | Canada | |
| Cash and other assets and liabilities | (24.7)% |
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 Canadian Equity Enhanced Income Leaders ETF’s investment objectives are to provide Unitholders with high monthly cash distributions and the opportunity for capital appreciation by investing, on a levered basis, in the Harvest Canadian Equity Income Leaders ETF (HLIF:TSX), an exchange traded fund managed by Harvest Portfolios Group Inc..
Benefits of investing in HLFE
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ETF Facts
As at February 28, 2023
| Quick ETF Facts | Unit |
|---|---|
| TSX Code | HLFE |
| CUSIP | 41756C103 |
| Currency | CAD-Unhedged (underlying ETF) |
| Inception Date | 2022/10/25 |
| Management Style | Rules-Based 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$0.0804 |
| Last Record Date | 2023-02-28 |
| Cash Distributions Since Inception | CA$0.3216 |
| Cash Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
Relevant Posts
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Disclaimer
Harvest Canadian Equity Enhanced Income Leaders 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.
