HRIF

Harvest Diversified Equity
Income ETF

Reliable income – Diverse ETF Portfolios

The Harvest Diversified Equity Income ETF offers consistent monthly income from a portfolio of established Harvest ETFs. HRIF delivers exposure to a diversified set of large global companies. It generates its high income from the active & flexible covered call strategy applied to its underlying ETFs without the use of leverage.

Key Facts

As at2024/05/17

TICKER

HRIF

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$16.10

Updated Daily
MKT PRICE CLOSE

$16.09

Updated Daily
NET AUM*

$9.26M

Updated Daily

MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.1000

Cash, Per unit
DISTRIBUTION

$1.2000

Total Per Unit,
Since Inception
HOLDINGS

8

Underlying ETFs

Key Facts

As at 2024/05/17

TICKER

HRIF

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$16.10

Updated Daily
MKT PRICE CLOSE

$16.09

Updated Daily
NET AUM*

$9.26M

Updated Daily

MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.1000

Cash, Per unit
DISTRIBUTION

$1.2000

Total Per Unit, Since Inception
HOLDINGS

8

Underlying ETFs

Distributions

Last Ex-dividend Date:

2024/04/29

Last Record Date:

2024/04/30

Last Payment Date:

2024/05/09

Last Cash Distribution Per Unit:

$0.1000

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$1.2000

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2024/04/292024/04/302024/05/09$0.1000Monthly
2024/03/272024/03/282024/04/09$0.1000Monthly
2024/02/282024/02/292024/03/08$0.1000Monthly
2024/01/302024/01/312024/02/09$0.1000Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2023/12/282023/12/292024/01/09$0.1000Monthly
2023/11/292023/11/302023/12/08$0.1000Monthly
2023/10/302023/10/312023/11/09$0.1000Monthly
2023/09/282023/09/292023/10/06$0.1000Monthly
2023/08/302023/08/312023/09/08$0.1000Monthly
2023/07/282023/07/312023/08/09$0.1000Monthly
2023/06/292023/06/302023/07/07$0.1000Monthly
2023/05/302023/05/312023/06/09$0.1000Monthly

2023 Annual Tax Information can be accessed here.



Sub-Sector Allocation

Underlying ETFs - As at April 30, 2024

Holdings

As at April 30, 2024

TickerETF NameWeightSectorCountry 
HUBLHarvest US Bank Leaders Income ETF15.1%US BanksCanada
HBFHarvest Brand Leaders Plus Income ETF14.7%DiversifiedCanada
HLIFHarvest Canadian Equity Income Leaders ETF14.6%DiversifiedCanada
HUTLHarvest Equal Weight Global Utilities Income ETF13.4%UtilitiesCanada
TRVIHarvest Travel & Leisure Income ETF13.4%DiversifiedCanada
HHLHarvest Healthcare Leaders Income ETF13.3%Health CareCanada
HTAHarvest Tech Achievers Growth & Income ETF12.5%Information TechnologyCanada
HPYMHarvest Premium Yield 7-10 Year Treasury ETF2.0%Government BondsCanada
Cash and other assets and liabilities
0.9%


Annualized Performance

As at April 30, 2024

Ticker1M3M6MYTD1YSI
HRIF(2.59)1.9617.413.2310.0910.57

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Calendar Year Performance

As at April 30, 2024

Ticker2023 
HRIF7.81

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Cumulative Market Price#

(Monthly Distribution: $0.1000)

Cumulative Growth $10,000 Invested (NAV pricing)

The “Growth of $10,000 invested” chart shows the final value of a hypothetical $10,000 investment in securities in this class/series of the fund as at the end of the investment period indicated and is not intended to reflect future values or returns on investment in such securities.

HRIF Historical Daily Prices (CLICK HERE)


Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BookletEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials
MER SummaryEnglishFrenchInformation Materials
2023 Annual Distributions SummaryEnglish-Information Materials
2023 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2023 Annual Management Report of Fund PerformanceEnglishFrenchStatements/MRFPs
2023 Quarterly Summary - Q3English-Portfolio Disclosure
Proxy Voting PolicyEnglish-Proxy Voting
July 1, 2022 to June 30, 2023 Proxy SummaryEnglish-Proxy Voting
PFIC Annual Information StatementEnglish-Information Statement
IRS Form 8937English-Tax

Investment Goal

Harvest Diversified Equity Income ETF provides high monthly cash distributions and the opportunity for capital appreciation by investing, on a non-levered basis, in a portfolio of Harvest ETFs that engage in covered call strategies to enhance monthly distribution yields.

 

Benefits of investing in HRIF

  • A one stop diversified core equity income solution

  • Exposure to leading large capitalization companies across sectors

  • Exposure to powerful long-term growth trends

  • High monthly income with opportunity for capital appreciation

  • Equity ETF rated medium risk

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

  • Zero management fee (ETF is subject to fees of the underlying ETFs in the portfolio)

  • Direct exposure to underlying ETFs without the use of Leverage

HRIF Product Sheet


Key ETF Details

As at April 30, 2024

ETF DetailsUnit
TSX CodeHRIF
CUSIP41756E109
CurrencyCAD-Hedged (underlying ETFs)
Inception Date2023/04/12
Holdings8 ETFs
Management StyleActive with Covered Calls (underlying ETFs)
EligibleRRSP | RRIF | RESP | TFSA | FHSA
Management FeeZero Management Fee (ETF is subject to fees of the underlying ETFs in the portfolio)
Risk Ratingmed_risk_bar
Distribution FactsUnit
Last Cash Distribution Per Unit$0.1000
Last Record Date2024/04/30
Cash Distributions Since InceptionCA$1.2000
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Annual Distributions SummaryPDF View
HRIF HDIF Interactive Brochure

Investor Documents

Product Sheet | Fr


Investor Brochure En


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr

Relevant Posts

Disclaimer

Harvest Diversified Equity Income 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.

Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into Class A units of the Fund. If the Fund earns less than the amounts distributed, the difference is a return of capital.

* Represents aggregate AUM of all classes denominated in Canadian dollars.

† The first year of Calendar Year Performance presents the rate of return from commencement of operations to December 31 of that year.

‡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.

# For illustrative purposes only. The chart above only shows the market value per unit of Harvest Diversified Equity Income ETF ("HRIF") using the daily market close on the TSX and identifies the monthly cash distributions paid by HRIF on a cumulative basis. The cash distributions are not compounded or treated as reinvested, and the chart does not take into account sales, redemption, distribution or optional charges or income taxes payable by any unitholder. The chart is not a performance chart and is not indicative of future market values of HRIF or returns on investment in HRIF, which will vary.