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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 earns its high income yield from the active & flexible covered call strategy applied to its underlying ETFs without the use of leverage.

Key Facts

As at2023/12/01

TICKER

HRIF

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$14.89

Updated Daily
MKT PRICE CLOSE

$14.90

Updated Daily
NET AUM*

$7.07M

Updated Daily
MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CURRENT YIELD

8.05%

Updated Daily
LAST DISTRIBUTION

$0.1000

Cash, Per unit
DISTRIBUTIONS

Monthly

Frequency
HOLDINGS

8

Underlying ETFs

Key Facts

As at 2023/12/01

TICKER

HRIF

TSX
CURRENCY

CAD-Hedged

Underlying ETFs
NAV

$14.89

Updated Daily
MKT PRICE CLOSE

$14.90

Updated Daily
NET AUM*

$7.07M

Updated Daily
MGMT STYLE

Active

With Covered Calls
Underlying ETFs
CURRENT YIELD

8.05%

Updated Daily
LAST DISTRIBUTION

$0.1000

Cash, Per unit
DISTRIBUTIONS

Monthly

Frequency
HOLDINGS

8

Underlying ETFs

Distributions

Last Ex-dividend Date:

2023-11-29

Last Record Date:

2023-11-30

Last Payment Date:

2023-12-08

Last Cash Distribution Per Unit:

$0.1000

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$0.7000

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
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


Sub-Sector Allocation

Underlying ETFs - As at October 31, 2023

Holdings

As at October 31, 2023

TickerETF NameWeightSectorCountry 
HBFHarvest Brand Leaders Plus Income ETF14.7%DiversifiedCanada
HUTLHarvest Equal Weight Global Utilities Income ETF14.5%UtilitiesCanada
HLIFHarvest Canadian Equity Income Leaders ETF14.3%DiversifiedCanada
HHLHarvest Healthcare Leaders Income ETF13.6%Health CareCanada
HTAHarvest Tech Achievers Growth & Income ETF13.5%Information TechnologyCanada
HUBLHarvest US Bank Leaders Income ETF13.3%US BanksCanada
TRVIHarvest Travel & Leisure Income ETF13.1%DiversifiedCanada
HPYTHarvest Premium Yield Treasury ETF2.8%Government BondsCanada
Cash and other assets and liabilities
0.2%


Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BookletEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials
MER SummaryEnglishFrenchInformation Materials
2023 Quarterly Summary - Q3English-Portfolio Disclosure
Proxy Voting PolicyEnglish-Proxy Voting
July 1, 2022 to June 30, 2023 Proxy SummaryEnglish-Proxy Voting

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

  • Attractive 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 October 31, 2023

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
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 Date2023-11-30
Cash Distributions Since InceptionCA$0.7000
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP

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.

The current yield represents an annualized amount that is comprised of 12 unchanged monthly distributions (using the most recent month’s distribution figure multiplied by 12) as a percentage of the closing market price of the Fund. The current yield does not represent historical returns of the ETF but represents the distribution an investor would receive if the targeted distribution stayed the same going forward.