Harvest Portfolios Group

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 DateRecord DatePayment DateClass ADistribution Frequency
2022-10-282022-10-312022-11-09$0.0583Monthly
2022-09-282022-09-292022-10-07$0.0583Monthly
2022-08-302022-08-312022-09-09$0.0583Monthly
2022-07-282022-07-292022-08-09$0.0583Monthly

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%

.


Sub-Sector Allocation

As at October 31, 2022


Geographic Allocation

As at October 31, 2022

Holdings

As at October 31, 2022

NameTickerWeightSectorCountry
Canadian Natural Resources LimitedCNQ CN3.9%EnergyCanada
Suncor Energy Inc.SU CN3.9%EnergyCanada
Agnico Eagle Mines LimitedAEM CN3.7%MaterialsCanada
Sun Life Financial Inc.SLF CN3.5%FinancialsCanada
Bank of MontrealBMO CN3.4%FinancialsCanada
Barrick Gold CorporationABX CN3.4%MaterialsCanada
BCE Inc.BCE CN3.4%Communication ServicesCanada
Enbridge Inc.ENB CN3.4%EnergyCanada
Great-West Lifeco Inc.GWO CN3.4%FinancialsCanada
National Bank of CanadaNA CN3.4%FinancialsCanada
Restaurant Brands International Inc.QSR CN3.4%Consumer DiscretionaryCanada
TELUS CorporationT CN3.4%Communication ServicesCanada
The Toronto-Dominion BankTD CN3.4%FinancialsCanada
Canadian Imperial Bank of CommerceCM CN3.3%FinancialsCanada
Canadian Tire Corporation, LimitedCTC/A CN3.3%Consumer DiscretionaryCanada
IGM Financial Inc.IGM CN3.3%FinancialsCanada
Manulife Financial CorporationMFC CN3.3%FinancialsCanada
Power Corporation of CanadaPOW CN3.3%FinancialsCanada
Rogers Communications Inc.RCI/B CN3.3%Communication ServicesCanada
Royal Bank of CanadaRY CN3.3%FinancialsCanada
Choice Properties Real Estate Investment TrustCHP-U CN3.2%Real EstateCanada
Pembina Pipeline CorporationPPL CN3.2%EnergyCanada
TC Energy CorporationTRP CN3.2%EnergyCanada
The Bank of Nova ScotiaBNS CN3.1%FinancialsCanada
Fortis Inc.FTS CN3.1%UtilitiesCanada
Canadian Utilities LimitedCU CN3.0%UtilitiesCanada
Algonquin Power & Utilities Corp.AQN CN2.9%UtilitiesCanada
AltaGas Ltd.ALA CN2.9%UtilitiesCanada
Emera IncorporatedEMA CN2.8%UtilitiesCanada
Brookfield Renewable CorporationBEPC CN2.7%UtilitiesCanada
Cash and other assets and liabilities1.6%
Market value of options(0.7)%

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Documents

DocumentLanguageType
Why InvestEnglishFrenchInformation Materials
Investor BookletEnglish-Information Materials
ETF Products BookletEnglishFrenchInformation Materials
ETF FactsEnglishFrenchETF Facts
ProspectusEnglishFrenchProspectus
Covered Call WritingEnglishFrenchInformation Materials
Proxy Voting PolicyEnglish-Proxy Voting
June 13, 2022 to June 30, 2022 Proxy SummaryEnglish-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

  • Equal-weight Portfolio of 30 largest diversified Canadian Equities

  • Companies must meet stringent dividend criteria

  • Large-cap leaders with dominant market shares

  • Dominant dividend payers from a dynamic economy with growth tailwinds

  • Attractive monthly income with opportunity for capital appreciation

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

HLIF Why Invest


ETF Facts

As at October 31, 2022

Quick ETF FactsUnit
TSX CodeHLIF
CUSIP41756V101
CurrencyCAD-Unhedged
Inception Date2022/06/13
Holdings30 Canadian Equities
Management StyleRules-Based with Covered Calls
EligibleRRSP | RRIF | RESP | TFSA
Management Fee0.65%
Risk Ratingmed_risk_bar
Distribution FactsUnit
Last Cash Distribution Per UnitCA$0.0583
Last Record Date2022-10-31
Cash Distributions Since InceptionCA$0.2332
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
HLIF Interactive Brochure

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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 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.

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