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HUTE

Harvest Equal Weight Global Utilities Enhanced Income ETF

Stability, Scale, and Enhanced Income

This ETF is built to deliver enhanced income and growth opportunities by applying modest leverage to an investment in the Harvest Equal Weight Global Utilities Income ETF (HUTL:TSX). It offers access to the same globally diversified portfolio of utilities companies with enhanced monthly cashflow.

Key Facts

As at 2023/09/22

TICKER

HUTE

TSX
CURRENCY

CAD

Hedged
Underlying ETF
NAV

$9.65

Updated Daily
MKT PRICE CLOSE

$9.66

Updated Daily
NET AUM*

$6.28M

Updated Daily
MGMT STYLE

Rules-Based

With Covered Calls
Underlying ETF
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.0851

Cash, Per Unit
CURRENT YIELD

10.57%

Updated Daily
HOLDING

HUTL

Underlying ETF

Distributions

Last Ex-dividend Date:

2023-08-30

Last Record Date:

2023-08-31

Last Payment Date:

2023-09-08

Last Cash Distribution Per Unit:

$0.0851

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$0.8510

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2023-08-302023-08-312023-09-08$0.0851Monthly
2023-07-282023-07-312023-08-09$0.0851Monthly
2023-06-292023-06-302023-07-07$0.0851Monthly
2023-05-302023-05-312023-06-09$0.0851Monthly
2023-04-272023-04-282023-05-09$0.0851Monthly
2023-03-302023-03-312023-04-06$0.0851Monthly
2023-02-272023-02-282023-03-09$0.0851Monthly
2023-01-302023-01-312023-02-09$0.0851Monthly
Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2022-12-292022-12-302023-01-09$0.0851Monthly
2022-11-292022-11-302022-12-09$0.0851Monthly

Sub-Sector Allocation

Underlying ETF - As at August 31, 2023

Geographic Allocation

Underlying ETF - As at August 31, 2023

Holdings

As at August 31, 2023

TickerETF NameWeightSectorCountry 
HUTLHarvest Equal Weight Global Utilities Income ETF124.5%UtilitiesCanada
Cash and other assets and liabilities
(24.5)%


Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BrochureEnglish-Fund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglish-Information Materials
MER SummaryEnglishFrenchInformation Materials
2023 Interim Financial StatementsEnglishFrenchStatements/MRFPs
2023 Interim Management Report of Fund PerformanceEnglishFrenchStatements/MRFPs
2023 Quarterly Summary - Q1English-Portfolio Disclosure
2022 Annual Distributions SummaryEnglish-Information Materials
2022 Annual Financial StatementsEnglishFrenchStatements/MRFPs
2022 Annual Management Report of Fund Performance EnglishFrenchStatements/MRFPs
PFIC Annual Information StatementEnglish-Information Statement
IRS Form 8937English-Tax Form
Proxy Voting PolicyEnglish-Proxy Voting
July 1, 2022 to June 30, 2023 Proxy SummaryEnglish-Proxy Voting


Investment Goal

Harvest Equal Weight Global Utilities Enhanced Income 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 Equal Weight Global Utilities Income ETF (HUTL:TSX), an exchange traded fund managed by Harvest Portfolios Group Inc..

 

Benefits of investing in HUTE

  • Access to large-capitalization global utility stocks with long term sustainable cash flows

  • Underlying ETF portfolio equally weighted to reduce single stock risk

  • Covered call strategy used 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 the Harvest Equal Weight Global Utilities Income ETF (HUTL)

HUTE Product Sheet

Key ETF Details

As at August 31, 2023

ETF DetailsUnit
TSX CodeHUTE
CUSIP41754D103
CurrencyCAD-Hedged (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 ETF in the portfolio)
Risk Ratingmed_risk_bar
Distribution FactsUnit
Last Cash Distribution Per UnitCA$0.0851
Last Record Date2023-08-31
Cash Distributions Since InceptionCA$0.8510
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Enhanced Equity ETFs

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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 Equal Weight Global Utilities Enhanced Income 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.

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

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