Harvest Portfolios Group
HLFE

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 2022/11/30

TICKER

HLFE

TSX
CURRENCY

CAD

Unhedged
Underlying ETF
NAV

$10.58

Updated Daily
MKT PRICE CLOSE

$10.55

Updated Daily
HOLDING

HLIF

Underlying ETF
MGMT STYLE

Rules-Based

With Covered Calls
Underlying ETF
CASH DISTRIBUTION

Monthly

Frequency
TARGET YIELD

9.60%

Initial
DISTRIBUTION

$0.0804

Cash, Per Unit
FIRST DISTRIBUTION

November 30

2022

Distributions

Last Ex-dividend Date:

2022-11-29

Last Record Date:

2022-11-30

Last Payment Date:

2022-12-09

Last Cash Distribution Per Unit:

$0.0804

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$0.0804

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022-11-292022-11-302022-12-09$0.0804Monthly


Sub-Sector Allocation

Underlying ETF - As at October 31, 2022


Geographic Allocation

Underlying ETF - As at October 31, 2022

Holdings

As at October 31, 2022

TickerETF NameWeightSectorCountry 
HLIFHarvest Canadian Equity Income Leaders ETF120.7%DiversifiedCanada
Cash and other assets and liabilities
(20.7)%


Documents

DocumentLanguageType
Why InvestEnglishFrenchInformation Materials
Investor BrochureEnglish-Information Materials
ETF Products BookletEnglishFrenchInformation Materials
ETF FactsEnglishFrenchETF Facts
ProspectusEnglishFrenchProspectus
MER SummaryEnglish-MER Summary
Covered Call WritingEnglishFrenchInformation Materials
Proxy Voting PolicyEnglish-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

  • Access to equal-weight portfolio of 30 large-cap diversified Canadian Equities

  • Category leaders with dominant market share and dividend characteristics

  • 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 Harvest Canadian Equity Income Leaders ETF (HLIF)

HLFE Why Invest

ETF Facts

As at October 31, 2022

Quick ETF FactsUnit
TSX CodeHLFE
CUSIP41756C103
CurrencyCAD-Unhedged (underlying ETF)
Inception Date2022/10/25
Management StyleRules-Based with Covered Calls (underlying ETF)
EligibleRRSP | RRIF | RESP | TFSA
Management FeeZero Management Fee (ETF is subject to fees of the underlying ETFs in the portfolio)
Risk Ratingmed_risk_bar
Distribution FactsUnit
Cash Distribution Per UnitCA$0.0804
Initial Target Yield9.60%
First Cash Distribution Record Date2022/11/30
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Enhanced Equity ETFs

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Investor Documents

Why Invest Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr

Relevant Posts

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.

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