Key Facts
As at 2024/10/11
TICKER
TRVI
TSX
CURRENCY
CAD
Hedged
NAV
$20.73
Updated Daily
MKT PRICE CLOSE
$20.72
Updated Daily
NET AUM*
$65.30M
Updated Daily
MGMT STYLE
Index
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1600
Cash, Per unit
CURRENT YIELD
9.27%
Updated Daily
HOLDINGS
30
Equity Securities
Key Facts
As at 2024/10/11
TICKER
TRVI
TSX
CURRENCY
CAD
Hedged
NAV
$20.73
Updated Daily
MKT PRICE CLOSE
$20.72
Updated Daily
NET AUM*
$65.30M
Updated Daily
MGMT STYLE
Index
With Covered Calls
CASH DISTRIBUTION
Monthly
Frequency
LAST DISTRIBUTION
$0.1600
Cash, Per unit
CURRENT YIELD
9.27%
Updated Daily
HOLDINGS
30
Equity Securities
Distributions
Last Ex-dividend Date: 2024/09/27 |
Last Record Date: 2024/09/27 |
Last Payment Date: 2024/10/09 |
Last Cash Distribution Per Unit: $0.1600 |
Cash Distribution Frequency: Monthly |
Cash Distributions Since Inception: $2.7200 |
Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
---|---|---|---|---|
2024/09/27 | 2024/09/27 | 2024/10/09 | $0.1600 | Monthly |
2024/08/30 | 2024/08/30 | 2024/09/09 | $0.1600 | Monthly |
2024/07/31 | 2024/07/31 | 2024/08/09 | $0.1600 | Monthly |
2024/06/28 | 2024/06/28 | 2024/07/09 | $0.1600 | Monthly |
2024/05/31 | 2024/05/31 | 2024/06/07 | $0.1600 | Monthly |
2024/04/29 | 2024/04/30 | 2024/05/09 | $0.1600 | Monthly |
2024/03/27 | 2024/03/28 | 2024/04/09 | $0.1600 | Monthly |
2024/02/28 | 2024/02/29 | 2024/03/08 | $0.1600 | Monthly |
2024/01/30 | 2024/01/31 | 2024/02/09 | $0.1600 | Monthly |
Ex-dividend Date | Record Date | Payment Date | Class A | Distribution Frequency |
---|---|---|---|---|
2023/12/28 | 2023/12/29 | 2024/01/09 | $0.1600 | Monthly |
2023/11/29 | 2023/11/30 | 2023/12/08 | $0.1600 | Monthly |
2023/10/30 | 2023/10/31 | 2023/11/09 | $0.1600 | Monthly |
2023/09/28 | 2023/09/29 | 2023/10/06 | $0.1600 | Monthly |
2023/08/30 | 2023/08/31 | 2023/09/08 | $0.1600 | Monthly |
2023/07/28 | 2023/07/31 | 2023/08/09 | $0.1600 | Monthly |
2023/06/29 | 2023/06/30 | 2023/07/07 | $0.1600 | Monthly |
2023/05/30 | 2023/05/31 | 2023/06/09 | $0.1600 | Monthly |
Portfolio Analysis‡
As at September 30, 2024
Number of Equity Securities: 30 |
Average Market Capitalization (CAD): $67B |
Average P/E: 24.1x |
Average Dividend Yield: 1.68% |
Average 5 Year Return on Equity: -1.22% |
Sub-Sector Allocation
As at September 30, 2024
Holdings
As at September 30, 2024
Name | Ticker | Weight | Sector | Country |
---|---|---|---|---|
Booking Holdings Inc. | BKNG US | 11.9% | Hotels, Resorts & Cruise Lines | United States |
Hilton Worldwide Holdings Inc. | HLT US | 10.4% | Hotels, Resorts & Cruise Lines | United States |
Marriott International, Inc. | MAR US | 9.8% | Hotels, Resorts & Cruise Lines | United States |
Airbnb, Inc. | ABNB US | 7.6% | Hotels, Resorts & Cruise Lines | United States |
VICI Properties Inc. | VICI US | 6.3% | Other Specialized REITs | United States |
Delta Air Lines, Inc. | DAL US | 6.0% | Passenger Airlines | United States |
Royal Caribbean Cruises Ltd. | RCL US | 5.2% | Hotels, Resorts & Cruise Lines | United States |
Las Vegas Sands Corp. | LVS US | 3.8% | Casinos & Gaming | United States |
Expedia Group, Inc. | EXPE US | 3.7% | Hotels, Resorts & Cruise Lines | United States |
United Airlines Holdings, Inc. | UAL US | 3.4% | Passenger Airlines | United States |
Carnival Corporation | CCL US | 3.3% | Hotels, Resorts & Cruise Lines | United States |
Southwest Airlines Co. | LUV US | 3.2% | Passenger Airlines | United States |
Sun Communities, Inc. | SUI US | 3.0% | Single-Family Residential REIT | United States |
Hyatt Hotels Corporation | H US | 2.8% | Hotels, Resorts & Cruise Lines | United States |
Host Hotels & Resorts, Inc. | HST US | 2.2% | Hotel & Resort REITs | United States |
MGM Resorts International | MGM US | 1.8% | Casinos & Gaming | United States |
Wynn Resorts, Limited | WYNN US | 1.7% | Casinos & Gaming | United States |
Caesars Entertainment, Inc. | CZR US | 1.6% | Casinos & Gaming | United States |
Norwegian Cruise Line Holdings Ltd. | NCLH US | 1.6% | Hotels, Resorts & Cruise Lines | United States |
Cash and other assets and liabilities | 1.4% | |||
American Airlines Group Inc. | AAL US | 1.3% | Passenger Airlines | United States |
Vail Resorts, Inc. | MTN US | 1.2% | Leisure Facilities | United States |
Ryman Hospitality Properties, Inc. | RHP US | 1.1% | Hotel & Resort REITs | United States |
Wyndham Hotels & Resorts, Inc. | WH US | 1.1% | Hotels, Resorts & Cruise Lines | United States |
Alaska Air Group, Inc. | ALK US | 1.0% | Passenger Airlines | United States |
Red Rock Resorts, Inc. | RRR US | 0.9% | Casinos & Gaming | United States |
Air Canada | AC CN | 0.8% | Passenger Airlines | Canada |
Boyd Gaming Corporation | BYD US | 0.8% | Casinos & Gaming | United States |
Choice Hotels International, Inc. | CHH US | 0.7% | Hotels, Resorts & Cruise Lines | United States |
Copa Holdings, S.A. | CPA US | 0.7% | Passenger Airlines | United States |
Apple Hospitality REIT, Inc. | APLE US | 0.6% | Hotel & Resort REITs | United States |
Foreign currency forwards | (0.2)% | |||
Market value of options | (0.9)% |
Annualized Performance
As at September 30, 2024
Ticker | 1M | 3M | 6M | YTD | 1Y | SI |
---|---|---|---|---|---|---|
TRVI | 6.51 | 3.57 | 1.77 | 8.36 | 19.51 | 16.07 |
Calendar Year Performance †
As at September 30, 2024
Ticker | 2023 | |
---|---|---|
TRVI | 15.11 |
Cumulative Market Price#
(Monthly Distribution: $0.1600)
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.
TRVI Historical Daily Prices (CLICK HERE)
Documents
Document | Language | Type | |
---|---|---|---|
Product Sheet | English | French | Fund Documents |
ETF Facts | English | French | Regulatory |
Prospectus | English | French | Regulatory |
ETF Products Booklet | English | French | Information Materials |
Covered Call Writing | English | French | Information Materials |
MER Summary | English | French | MER Summary |
2024 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
2024 Interim Financial Statements | English | French | Statements/MRFPs |
2024 Interim Management Report of Fund Performance | English | French | Statements/MRFPs |
2023 Annual Distributions Summary | English | - | Information Materials |
Index Rule | English | - | Index Rule |
PFIC Annual Information Statement | English | - | Information Statement |
IRS Form 8937 | English | - | Tax |
Proxy Voting Policy | English | - | Proxy Voting |
Proxy Voting Records | English | - | Proxy Voting |
TRVI Historical Documents (CLICK HERE)
Investment Goal
The Harvest Travel & Leisure Income ETF has been designed to replicate, to the extent reasonably possible, and before fees and expenses, the performance of the Solactive Travel & Leisure Index GTR (the ”Index”), net of expenses and to provide monthly cash distributions. The ETF intends to invest in the Constituent Securities of the Index in the same proportion as they are reflected in the Index , while writing covered call options on up to 33% of the portfolio securities to enhance income. The level of covered call option writing may vary based on market volatility and other factors.
Benefits of investing in TRVI
|
Key ETF Details
As at September 30, 2024
ETF Details | Unit |
---|---|
TSX Code | TRVI |
CUSIP | 417907102 |
Currency | CAD-Hedged |
Inception Date | 2023/04/12 |
Holdings | 30 Equity Securities |
Management Style | Index with Covered Calls |
Eligible | RRSP | RRIF | RESP | TFSA | FHSA |
Management Fee | 0.75% |
Risk Rating | |
Distribution Facts | Unit |
Last Cash Distribution Per Unit | $0.1600 |
Last Record Date | 2024/09/27 |
Cash Distributions Since Inception | CA$2.7200 |
Cash Distribution Frequency | Monthly |
Distribution Method | Cash or DRIP |
Annual Distributions Summary | PDF View |
Relevant Posts
Episode 25 | CEO Unpacks Harvest’s Newest High Income ETFs | Harvest Talks
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Disclaimer
Harvest Travel & Leisure 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.
Solactive Indices
The financial instrument is not sponsored, promoted, sold or supported in any other manner by Solactive AG nor does Solactive AG offer any express or implicit guarantee or assurance either with regard to the results of using the Index and/or Index trade name or the Index Price at any time or in any other respect. The Index is calculated and published by Solactive AG. Solactive AG uses its best efforts to ensure that the Index is calculated correctly. Irrespective of its obligations towards the Issuer, Solactive AG has no obligation to point out errors in the Index to third parties including but not limited to investors and/or financial intermediaries of the financial instrument. Neither publication of the Index by Solactive AG northe licensing of the Index or Index trade name for the purpose of use in connection with the financial instrument constitutes a recommendation by Solactive AG to invest capital in said financial instrument nor does it in any way represent an assurance or opinion of Solactive AG with regard to any investment in this financial instrument.
* 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 Travel & Leisure Income ETF ("TRVI") using the daily market close on the TSX and identifies the monthly cash distributions paid by TRVI 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 TRVI or returns on investment in TRVI, which will vary.