Harvest Travel & Leisure Index ETF

Access The Long-Term Growth Prospects Of Travel

The Harvest Travel & Leisure Index ETF provides investors with exposure to the growth trends in the travel industry driven by structural, demographic forces. This ETF offers diversified access to the airlines, cruise lines, hotels, and online booking services we believe are set for long-term growth.

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

NameTickerWeightSectorCountry
Booking Holdings Inc.BKNG US11.5%Hotels, Resorts & Cruise LinesUnited States
Hilton Worldwide Holdings Inc.HLT US10.1%Hotels, Resorts & Cruise LinesUnited States
Marriott International, Inc.MAR US9.4%Hotels, Resorts & Cruise LinesUnited States
Royal Caribbean Cruises Ltd.RCL US7.4%Hotels, Resorts & Cruise LinesUnited States
Airbnb, Inc.ABNB US7.3%Hotels, Resorts & Cruise LinesUnited States
VICI Properties Inc.VICI US6.1%Other Specialized REITsUnited States
Delta Air Lines, Inc.DAL US5.7%Passenger AirlinesUnited States
Las Vegas Sands Corp.LVS US3.7%Casinos & GamingUnited States
Expedia Group, Inc.EXPE US3.5%Hotels, Resorts & Cruise LinesUnited States
United Airlines Holdings, Inc.UAL US3.3%Passenger AirlinesUnited States
Carnival CorporationCCL US3.2%Hotels, Resorts & Cruise LinesUnited States
Southwest Airlines Co.LUV US3.1%Passenger AirlinesUnited States
Sun Communities, Inc.SUI US2.9%Single-Family Residential REITUnited States
Hyatt Hotels CorporationH US2.7%Hotels, Resorts & Cruise LinesUnited States
Host Hotels & Resorts, Inc.HST US2.2%Hotel & Resort REITsUnited States
MGM Resorts InternationalMGM US1.7%Casinos & GamingUnited States
Wynn Resorts, LimitedWYNN US1.6%Casinos & GamingUnited States
Caesars Entertainment, Inc.CZR US1.5%Casinos & GamingUnited States
Norwegian Cruise Line Holdings Ltd.NCLH US1.5%Hotels, Resorts & Cruise LinesUnited States
Cash and other assets and liabilities1.4%
American Airlines Group Inc.AAL US1.3%Passenger AirlinesUnited States
Vail Resorts, Inc.MTN US1.2%Leisure FacilitiesUnited States
Ryman Hospitality Properties, Inc.RHP US1.1%Hotel & Resort REITsUnited States
Wyndham Hotels & Resorts, Inc.WH US1.1%Hotels, Resorts & Cruise LinesUnited States
Alaska Air Group, Inc.ALK US1.0%Passenger AirlinesUnited States
Air CanadaAC CN0.8%Passenger AirlinesCanada
Boyd Gaming CorporationBYD US0.8%Casinos & GamingUnited States
Red Rock Resorts, Inc.RRR US0.8%Casinos & GamingUnited States
Choice Hotels International, Inc.CHH US0.7%Hotels, Resorts & Cruise LinesUnited States
Copa Holdings, S.A.CPA US0.7%Passenger AirlinesUnited States
Apple Hospitality REIT, Inc.APLE US0.6%Hotel & Resort REITsUnited States

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Annualized Performance

As at September 30, 2024

Ticker1M3M6MYTD1Y2YSI
TRVL8.143.291.5711.3524.0925.717.13
TRVL.U7.764.481.739.0924.6227.045.50

Download CSV

Calendar Year Performance

As at September 30, 2024

Ticker202320222021
TRVL32.65(18.05)6.74
TRVL.U35.55(23.44)7.81

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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 DateRecord DatePayment DateClass A (CAD)Class U (USD)Distribution Frequency
2023/12/282023/12/292023/12/29$0.0337$0.0058Notional**

** 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).

Annual Tax Information


Documents

TRVL Product Sheet
Product Sheet
TRVL Investor Brochure
Investor Brochure
TRVL ETF Facts
ETF Facts

DocumentLanguageType
Product SheetEnglishFrenchFund Documents
ETF FactsEnglishFrenchRegulatory
ProspectusEnglishFrenchRegulatory
ETF Products BookletEnglishFrenchInformation Materials
MER SummaryEnglishFrenchInformation Materials
2024 Interim Financial StatementsEnglishFrenchStatements/MRFPs
2024 Interim Management Report of Fund Performance EnglishFrenchStatements/MRFPs
2024 Quarterly Summary - Q1English-Portfolio Disclosure
2023 Annual Distributions SummaryEnglish-Information Materials
Index RuleEnglish-Index Rule
PFIC Annual Information StatementEnglish-Information Statement
IRS Form 8937English-Tax
Proxy Voting PolicyEnglish-Proxy Voting
Proxy Voting RecordsEnglish-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

  • The top 30 dominant, large capitalization Travel & Leisure companies listed in North America

  • Diversified across broad travel related sectors

  • Sub-sectors have been disproportionately impacted by the shutdowns versus many other sectors

  • Long term structural growth drivers were in place prior to pandemic and expected to resume

  • Portfolio well positioned to benefit from resumption and pent-up demand for travel

  • Index structure

TRVL Product Sheet


Key ETF Details

As at September 30, 2024

ETF DetailsClass AClass U
TSX CodeTRVLTRVL.U
CUSIP41756M10141756M200
CurrencyCAD-UnhedgedUSD-Unhedged
Inception Date2021/01/14
Management StyleIndex
EligibleRRSP | RRIF | RESP | TFSA | FHSA
Portfolio RebalancingSemi-annually
Management Fee0.40%
Distribution FrequencyAnnually, if any
Risk RatingHigh_risk_bar

Investor Documents

Product Sheet Fr


ETFs Booklet En | Fr


ETF Facts En | Fr


Prospectus En | Fr


Index RuleEn


MER Summary En | Fr

Relevant Posts

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.

 

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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.

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