HPYT

Harvest Canadian T-Bill ETF

Canadian T-Bill Income, Low-Risk Cash Flow

The Harvest Canadian T-Bill ETF is designed as a low-risk cash vehicle that pays competitive interest income that comes from investing in Treasury Bills (“T-Bills”) issued by the Government of Canada.

Key Facts

As at 2024/04/11

TICKER

TBIL

TSX
CURRENCY

CAD

Unhedged
NAV

$50.09

Updated Daily
MKT PRICE CLOSE

$50.10

Updated Daily
NET AUM*

$27.55M

Updated Daily
MGMT STYLE

Active

-
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.1852

Cash, Per unit
DISTRIBUTION

$0.4868

Total, Since Inception
INCEPTION DATE

Jan. 16

2024

Key Facts

As at 2024/04/11

TICKER

TBIL

TSX
CURRENCY

CAD

Unhedged
NAV

$50.09

Updated Daily
MKT PRICE CLOSE

$50.10

Updated Daily
NET AUM*

$27.55M

Updated Daily
MGMT STYLE

Active

-
CASH DISTRIBUTION

Monthly

Frequency
LAST DISTRIBUTION

$0.1852

Cash, Per unit
DISTRIBUTION

$0.4868

Total, Since Inception
INCEPTION DATE

Jan. 16

2024

Distributions

Last Ex-dividend Date:

2024/03/28

Last Record Date:

2024/03/28

Last Payment Date:

2024/04/09

Last Cash Distribution Per Unit:

$0.1852

Cash Distribution Frequency:

Monthly

Cash Distributions Since Inception:

$0.4868

Ex-dividend DateRecord DatePayment DateClass ADistribution Frequency
2024/03/282024/03/282024/04/09$0.1852Monthly
2024/02/292024/02/292024/03/08$0.1924Monthly
2024/01/312024/01/312024/02/09$0.1092Monthly

Portfolio Analysis

As at March 28, 2024

Average Credit Rating:

A-1+

Number of T-Bill ETF Holdings:

6

Weighted Maturity:

0.15 Years

Credit Ratings

As at March 28, 2024

 

Geographic Allocation

As at March 28, 2024

Holdings

As at March 28, 2024

NameWeightSectorCountry
Canada Treasury Bill 23-May-202441.3%Cash EquivalentCanada
Canada Treasury Bill 20-Jun-202419.8%Cash EquivalentCanada
Canada Treasury Bill 06-Jun-202415.8%Cash EquivalentCanada
Canada Treasury Bill 09-May-202412.8%Cash EquivalentCanada
Canada Treasury Bill 25-Apr-20248.7%Cash EquivalentCanada
Canada Treasury Bill 11-Apr-20242.0%Cash EquivalentCanada
Cash and other assets and liabilities(0.4)%

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Documents

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
Investor BrochureEnglishFrenchFund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
Covered Call WritingEnglishFrenchInformation Materials

Investment Goal

Harvest Canadian T-Bill ETF (TBIL) is designed as a low-risk cash vehicle that pays competitive interest income that comes from investing in Treasury Bills (“T-Bills”) issued by the Government of Canada. Such T-Bills are considered among the safest investments available and are backed with the full faith and credit of the Government of Canada.

TBIL provides a simple and straightforward solution for investors who want to hold a percentage of their portfolio in a cash proxy.

 

Benefits of investing in TBIL

  • Low risk and low volatility

  • Flexibility of an ETF

  • Portfolio diversification

  • Competitive management fee: 0.10%

TBIL Product Sheet


Key ETF Details

As at March 28, 2024

ETF DetailsUnit
TSX CodeTBIL
CUSIP41753K108
CurrencyCAD-Unhedged
Inception Date2024/01/16
Management StyleActive
Asset ClassFixed Income/Cash
Average Credit RatingA-1+
Weighted Maturity
0.15 Years
Number of T-Bills6
EligibleRRSP | RRIF | RESP | TFSA
Management Fee0.10%
Risk Ratingmed_risk_bar
Distribution FactsUnit
Last Cash Distribution Per Unit$0.1852
Last Record Date2024/03/28
Cash Distributions Since Inception$0.4868
Cash Distribution FrequencyMonthly
Distribution MethodCash or DRIP
Fixed Income Interactive Brochure

Investor Documents

Product Sheet Fr


ETFs Booklet En | Fr


Investor Brochure EnFr


ETF Facts En | Fr


Prospectus En | Fr


Covered Call Writing En | Fr

Relevant Posts

Disclaimer

Harvest Canadian T-Bill ETF 

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

*** Based on weighted average portfolio of Canadian T-Bills held in the portfolio. Generally, modified duration can be defined as a measure that assesses a bond's interest rate sensitivity. It is a time-weighted measure that estimates the percentage change in a bond's price for a 1% change in yield. Average credit rating source Bloomberg, based on weighted average credit ratings of underlying bonds.

‡ Source: Bloomberg. Average statistics calculated based on portfolio weighted average. The above information is for illustrative purposes only, is estimated and unaudited.

Commissions, management fees and expenses all may be associated with investing in HARVEST Exchange Traded Funds managed by Harvest Portfolios Group Inc. (the “Funds” or a “Fund”). Please read the relevant prospectus before investing. The Funds’ returns are not guaranteed, their values change 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 a Fund earns less than the amounts distributed, the difference is a return of capital.

Certain statements included in this communication constitute forward-looking statements (“FLS”, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Funds. The FLS are not historical facts but reflect the Harvest’s and the portfolio manager of the Funds current expectations regarding future results or events. These FLS are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although Harvest and the portfolio manager of the Funds believe that the assumptions inherent in the FLS are reasonable, FLS are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Funds, Harvest and the portfolio manager of the Funds undertake no obligation to update publicly or otherwise revise any FLS or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.