Harvest Canadian Equity Income Leaders ETF
Steady Income from Canadian Leaders
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. At the same time, Canada is a dynamic economy, with a highly educated and entrepreneurial population. This ETF captures the powerful traits of Canada’s leading companies combining them with Harvest’s process for generating equity income.
Key Facts
As at 2022/11/25
TICKER
HLIF
TSX
CURRENCY
CAD
Unhedged
NAV
$9.32
Updated Daily
MKT PRICE CLOSE
$9.33
Updated Daily
NET AUM*
$61.27M
Updated Daily
MGMT STYLE
Rules-Based
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.0583
Cash, Per unit
CURRENT YIELD
7.50%
Updated Daily
HOLDINGS
30
Canadian Equities
Distributions
|
Last Ex-dividend Date: 2022-10-28 |
|
Last Record Date: 2022-10-31 |
|
Last Payment Date: 2022-11-09 |
|
Last Cash Distribution Per Unit: $0.0583 |
|
Cash Distribution Frequency: Monthly |
|
Cash Distributions Since Inception: $0.2332 |
| Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
|---|---|---|---|---|
| 2022-10-28 | 2022-10-31 | 2022-11-09 | $0.0583 | Monthly |
| 2022-09-28 | 2022-09-29 | 2022-10-07 | $0.0583 | Monthly |
| 2022-08-30 | 2022-08-31 | 2022-09-09 | $0.0583 | Monthly |
| 2022-07-28 | 2022-07-29 | 2022-08-09 | $0.0583 | Monthly |
Portfolio Analysis‡
As at October 31, 2022
|
Number of Equity Securities: 30 |
|
Average Market Capitalization (CAD): $48B |
|
Average P/E: 13.8x |
|
Average Dividend Yield: 4.96% |
|
Average 5 Year Return on Equity: 12.75% |
|
. |
|
As at October 31, 2022 |
|
As at October 31, 2022 |
Holdings
As at October 31, 2022
| Name | Ticker | Weight | Sector | Country |
|---|---|---|---|---|
| Canadian Natural Resources Limited | CNQ CN | 3.9% | Energy | Canada |
| Suncor Energy Inc. | SU CN | 3.9% | Energy | Canada |
| Agnico Eagle Mines Limited | AEM CN | 3.7% | Materials | Canada |
| Sun Life Financial Inc. | SLF CN | 3.5% | Financials | Canada |
| Bank of Montreal | BMO CN | 3.4% | Financials | Canada |
| Barrick Gold Corporation | ABX CN | 3.4% | Materials | Canada |
| BCE Inc. | BCE CN | 3.4% | Communication Services | Canada |
| Enbridge Inc. | ENB CN | 3.4% | Energy | Canada |
| Great-West Lifeco Inc. | GWO CN | 3.4% | Financials | Canada |
| National Bank of Canada | NA CN | 3.4% | Financials | Canada |
| Restaurant Brands International Inc. | QSR CN | 3.4% | Consumer Discretionary | Canada |
| TELUS Corporation | T CN | 3.4% | Communication Services | Canada |
| The Toronto-Dominion Bank | TD CN | 3.4% | Financials | Canada |
| Canadian Imperial Bank of Commerce | CM CN | 3.3% | Financials | Canada |
| Canadian Tire Corporation, Limited | CTC/A CN | 3.3% | Consumer Discretionary | Canada |
| IGM Financial Inc. | IGM CN | 3.3% | Financials | Canada |
| Manulife Financial Corporation | MFC CN | 3.3% | Financials | Canada |
| Power Corporation of Canada | POW CN | 3.3% | Financials | Canada |
| Rogers Communications Inc. | RCI/B CN | 3.3% | Communication Services | Canada |
| Royal Bank of Canada | RY CN | 3.3% | Financials | Canada |
| Choice Properties Real Estate Investment Trust | CHP-U CN | 3.2% | Real Estate | Canada |
| Pembina Pipeline Corporation | PPL CN | 3.2% | Energy | Canada |
| TC Energy Corporation | TRP CN | 3.2% | Energy | Canada |
| The Bank of Nova Scotia | BNS CN | 3.1% | Financials | Canada |
| Fortis Inc. | FTS CN | 3.1% | Utilities | Canada |
| Canadian Utilities Limited | CU CN | 3.0% | Utilities | Canada |
| Algonquin Power & Utilities Corp. | AQN CN | 2.9% | Utilities | Canada |
| AltaGas Ltd. | ALA CN | 2.9% | Utilities | Canada |
| Emera Incorporated | EMA CN | 2.8% | Utilities | Canada |
| Brookfield Renewable Corporation | BEPC CN | 2.7% | Utilities | Canada |
| Cash and other assets and liabilities | 1.6% | |||
| Market value of options | (0.7)% |
Documents
| Document | Language | Type | |
|---|---|---|---|
| Why Invest | English | French | Information Materials |
| Investor Booklet | English | - | Information Materials |
| ETF Products Booklet | English | French | Information Materials |
| ETF Facts | English | French | ETF Facts |
| Prospectus | English | French | Prospectus |
| Covered Call Writing | English | French | Information Materials |
| Proxy Voting Policy | English | - | Proxy Voting |
| June 13, 2022 to June 30, 2022 Proxy Summary | English | - | Proxy Voting |
Investment Objective
Harvest Canadian Equity Income Leaders ETF seeks to provide Unitholders with monthly cash distributions; the opportunity for capital appreciation; and lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the Canadian Equity Income Leaders Issuers directly. To achieve lower overall volatility of portfolio returns, the Harvest Canadian Equity Income Leaders ETF will generally write 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 HLIF
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ETF Facts
As at October 31, 2022
| Quick ETF Facts | Unit |
|---|---|
| TSX Code | HLIF |
| CUSIP | 41756V101 |
| Currency | CAD-Unhedged |
| Inception Date | 2022/06/13 |
| Holdings | 30 Canadian Equities |
| Management Style | Rules-Based 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 | 2022-10-31 |
| Cash Distributions Since Inception | CA$0.2332 |
| Cash Distribution Frequency | Monthly |
| Distribution Method | Cash or DRIP |
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Disclaimer
Harvest Canadian Equity 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.). Please read the relevant prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account income taxes payable by any securityholder that would have reduced returns. The Fund is not guaranteed, its values changes frequently and past performance may not be repeated. 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.
