Key Facts
As at 2024/10/04
TICKER
TRVL
TSX
CURRENCY
CAD
Unhedged
NAV
$26.23
Updated Daily
MKT PRICE CLOSE
$26.20
Updated Daily
NET AUM*
$71.43M
Updated Daily
MGMT STYLE
Index
-
DISTRIBUTIONS
Annually
If any
REBALANCE
Semi-annually
Portfolio
MGMT FEE
0.40%
Annual
INCEPTION DATE
Jan. 14
2021
Key Facts
As at 2024/10/04
TICKER
TRVL.U
TSX
CURRENCY
USD
Unhedged
NAV
$24.68
Updated Daily
MKT PRICE CLOSE
$24.68
Updated Daily
NET AUM*
$71.43M
Updated Daily
MGMT STYLE
Index
-
DISTRIBUTIONS
Annually
If any
REBALANCE
Semi-annually
Portfolio
MGMT FEE
0.40%
Annual
INCEPTION DATE
Jan. 14
2021
Portfolio Analysis‡
As at September 30, 2024
Number of Equity Securities: 30 |
Average Market Capitalization (CAD): $66B |
Average P/E: 23.6x |
Average 5 Year Return on Equity: -1.63% |
Sub-Sector Allocation
As at September 30, 2024
Holdings
As at September 30, 2024
Name | Ticker | Weight | Sector | Country |
---|---|---|---|---|
Booking Holdings Inc. | BKNG US | 11.5% | Hotels, Resorts & Cruise Lines | United States |
Hilton Worldwide Holdings Inc. | HLT US | 10.1% | Hotels, Resorts & Cruise Lines | United States |
Marriott International, Inc. | MAR US | 9.4% | Hotels, Resorts & Cruise Lines | United States |
Royal Caribbean Cruises Ltd. | RCL US | 7.4% | Hotels, Resorts & Cruise Lines | United States |
Airbnb, Inc. | ABNB US | 7.3% | Hotels, Resorts & Cruise Lines | United States |
VICI Properties Inc. | VICI US | 6.1% | Other Specialized REITs | United States |
Delta Air Lines, Inc. | DAL US | 5.7% | Passenger Airlines | United States |
Las Vegas Sands Corp. | LVS US | 3.7% | Casinos & Gaming | United States |
Expedia Group, Inc. | EXPE US | 3.5% | Hotels, Resorts & Cruise Lines | United States |
United Airlines Holdings, Inc. | UAL US | 3.3% | Passenger Airlines | United States |
Carnival Corporation | CCL US | 3.2% | Hotels, Resorts & Cruise Lines | United States |
Southwest Airlines Co. | LUV US | 3.1% | Passenger Airlines | United States |
Sun Communities, Inc. | SUI US | 2.9% | Single-Family Residential REIT | United States |
Hyatt Hotels Corporation | H US | 2.7% | Hotels, Resorts & Cruise Lines | United States |
Host Hotels & Resorts, Inc. | HST US | 2.2% | Hotel & Resort REITs | United States |
MGM Resorts International | MGM US | 1.7% | Casinos & Gaming | United States |
Wynn Resorts, Limited | WYNN US | 1.6% | Casinos & Gaming | United States |
Caesars Entertainment, Inc. | CZR US | 1.5% | Casinos & Gaming | United States |
Norwegian Cruise Line Holdings Ltd. | NCLH US | 1.5% | 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 |
Air Canada | AC CN | 0.8% | Passenger Airlines | Canada |
Boyd Gaming Corporation | BYD US | 0.8% | Casinos & Gaming | United States |
Red Rock Resorts, Inc. | RRR 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 |
Annualized Performance
As at September 30, 2024
Ticker | 1M | 3M | 6M | YTD | 1Y | 2Y | SI |
---|---|---|---|---|---|---|---|
TRVL | 8.14 | 3.29 | 1.57 | 11.35 | 24.09 | 25.71 | 7.13 |
TRVL.U | 7.76 | 4.48 | 1.73 | 9.09 | 24.62 | 27.04 | 5.50 |
Calendar Year Performance †
As at September 30, 2024
Ticker | 2023 | 2022 | 2021 |
---|---|---|---|
TRVL | 32.65 | (18.05) | 6.74 |
TRVL.U | 35.55 | (23.44) | 7.81 |
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.
TRVL Historical Daily Prices (CLICK HERE)
Distributions
Last Ex-dividend Date: 2023/12/28 |
Last Record Date: 2023/12/29 |
Last Payment Date: 2023/12/29 |
Last Distribution Per Unit (Class A): $0.0337 |
Last Distribution Per Unit (Class U): $0.0058 |
Cash Distribution Frequency: Annually, if any |
Ex-dividend Date | Record Date | Payment Date | Class A (CAD) | Class U (USD) | Distribution Frequency |
---|---|---|---|---|---|
2023/12/28 | 2023/12/29 | 2023/12/29 | $0.0337 | $0.0058 | Notional** |
** Notional non-cash distributions are paid annually (if any). There is no impact on net asset value per unit. The notional distribution is added to the cost base of the ETF and is taxable if not held in a registered account (RSP/RIF/TFSA and RESP).
Documents
Product Sheet |
Investor Brochure |
ETF Facts |
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 |
MER Summary | English | French | Information Materials |
2024 Interim Financial Statements | English | French | Statements/MRFPs |
2024 Interim Management Report of Fund Performance | English | French | Statements/MRFPs |
2024 Quarterly Summary - Q1 | English | - | Portfolio Disclosure |
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 |
TRVL Historical Documents (CLICK HERE)
Investment Goal
The Harvest Travel & Leisure Index ETF provides investors access to a diversified portfolio of large capitalization companies that own or operate travel related businesses. Harvest believes that prior to the pandemic, global travel growth had structural long-term drivers and, in the shorter term, these companies stand to benefit from a resumption in travel following global shutdowns.
The Harvest Travel & Leisure Index ETF has been designed to replicate, to the extent possible, the performance of the Solactive Travel & Leisure Index GTR (the “Index”), net of expenses. The ETF intends to invest in and hold the Constituent Securities of the Index in the same proportion as they are reflected in the Index.
Benefits of investing in TRVL
|
Key ETF Details
As at September 30, 2024
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Disclaimer
Harvest Travel & Leisure Index 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 (except for figures of one year or less, which are simple total returns) including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns.The funds 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.
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.
** Notional non-cash distributions are paid annually (if any). There is no impact on net asset value per unit. The notional distribution is added to the cost base of the ETF and is taxable if not held in a registered account (RSP/RIF/TFSA and RESP).
† 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.
Fundata FundGrade is an independent and objective investment fund rating system that was developed to recognize Fund Managers who have achieved superior risk adjusted returns. The FundGrade rating system assigns a letter grade to approximately 20,000 investment funds each month, providing a quick and easy tool to identify top performing funds.
FundGrade ratings are published on the 7th business day of each month and distributed to numerous well known industry distribution channels, including www.fundata.com and www.fundlibrary.com. For a detailed explanation as to how FundGrade is calculated, please click here.
Should you have any questions about the FundGrade rating system or experience problems with the above links, please contact [email protected].