Growth & High Income
A Smart Balance
Growth Opportunities and High Monthly Cash Distributions from Canada’s First Balanced Covered Call ETF.
Balanced Growth + Tax Efficient Income with Covered Calls
These portfolios deliver growth and income through equity income and fixed income ETF holdings. Blending the traditional balanced portfolio with a covered call writing strategy to offer high monthly cash distributions while delivering growth.
Harvest Balanced Income
& Growth Enhanced ETF
ANNOUNCED INITIAL DISTRIBUTION
$0.20
Cash, Per Unit
Balanced Growth + Tax Efficient Income with Covered Calls
In Canada, there was $923 billion in balanced mutual funds at the end of February 2024.
(Source: IFIC)
Canadian investors in search of a balanced ETF with increase monthly cashflow provided by a covered call strategy now has HBIG.
Components of the Smart Balanced ETF
60% Equity Income ETFs
Harvest Equity Income ETFs invest in companies that are well-established, with strong balance sheets and consistent earnings growth.
40% Fixed Income
Harvest Fixed Income ETFs cover the entire maturity spectrum with short, intermediate, and long duration options.
Harvest Covered Call Strategy
Harvest ETFs market leading call option strategy generates monthly cashflows from a portfolio of equity and fixed income securities.
Canada’s Only Balanced ETF Primarily Focused on Covered Calls
%
8 Equity Income ETFs
- EExposure to Harvest Equity Income ETFs
- ECore equity income + growth – Up to 33% covered call writing
| Tickers | ETF Names | Weight |
| HTA | Harvest Tech Achievers Growth & Income ETF | 13.0% |
| HHL | Harvest Healthcare Leaders Income ETF | 12.7% |
| HUTL | Harvest Equal Weight Global Utilities Income ETF | 8.1% |
| HGR | Harvest Global REIT Leaders Income ETF | 8.0% |
| HLIF | Harvest Canadian Equity Income Leaders ETF | 7.8% |
| HIND | Harvest Industrial Leaders Income ETF | 4.5% |
| HUBL | Harvest US Bank Leaders Plus Income ETF | 3.1% |
| HPF | Harvest Energy Leaders Plus Income ETF | 2.8% |
%
5 Fixed Income ETFs
- EOffers exposure to Harvest fixed income ETFs
- EOn select ETFs, Harvest will employ up to 100% covered call writing
| Tickers | ETF Names | Weight |
| Covered Call: | ||
| HPYM | Harvest Premium Yield 7-10 Year Treasury ETF | 14.9% |
| HPYT | Harvest Premium Yield Treasury ETF | 9.8% |
| No Covered Call: | ||
| ZPS | BMO Short Provincial Bond Index ETF | 5.0% |
| TBIL | Harvest Canadian T-Bill ETF | 5.0% |
| XSB | iShares Core Canadian Short Term Bond Index ETF | 5.0% |
| Cash and other assets and liabilities | 0.2% | |
As at June 28, 2024
Michael Kovacs
President & CEO
Harvest ETFs
Balanced ETFs Q&A
Why did you choose to launch a balanced ETF?
Most current balanced funds in the Canadian market provide income at levels below inflation rates and have distribution frequencies that are mostly quarterly and annually. The Harvest Balanced Income & Growth ETF aims to produce and deliver high monthly income while providing access to a 60/40 balanced portfolio for steady growth.
How will HBIG deliver value to its Unitholders?
HBIG will provide unitholders with monthly cash distributions and the opportunity for capital appreciation by investing, on a non-levered basis, in a portfolio of exchange traded funds that are listed on a recognized North American stock exchange.
This ETF provides exposure towards large capitalization equity securities, investment grade bonds or money market instruments issued by corporations or governments and will include ETFs that engage in covered call strategies. HBIG will invest up to 75% of its net assets ETFs that make use covered calls.
What is the Harvest Balanced Income & Growth Enhanced ETF? How does it differ from HBIG?
Some investors are seeking more income and potentially higher returns. For these investors, we launched the Harvest Balanced Income & Growth Enhanced ETF ( HBIE). This ETF aims to provide higher levels of income and returns using a 25% leverage on a portfolio that replicates HBIG.
These ETFs trade on the TSX with ticker symbols HBIG for Harvest Balanced Income & Growth ETF and HBIE for Harvest Balanced Income & Growth Enhanced ETF.
Why Harvest ETFs?
Harvest ETFs has stood out for over 15 years since its founding for its covered call writing. The philosophy of wealth creation and preservation through investment in leading businesses, long-term growth industries, or secular trends guides the composition of all Harvest ETFs. Our Balanced Income ETFs aim to deliver steady monthly income with capital appreciation with lower volatility.
The Smart Balance
The Harvest Balanced Income & Growth ETF seek to provide unitholders with high monthly cash distributions and the opportunity for capital appreciation. It invests, on a non-levered basis, in a portfolio of ETFs that are listed on a recognized North American stock exchange that provide exposure towards large capitalization equity securities, investment grade bonds, or money market instruments issued by corporations or governments. Moreover, it includes ETFs that are engaged in covered call strategies.
Harvest Balanced
Income & Growth ETF
Harvest Balanced Income
& Growth Enhanced ETF
- Simple and efficient way to invest in a 60/40 portfolio
- High monthly cash flows from covered calls in a balanced portfolio
- Diversified portfolio of high quality large-cap equities and investment grade bonds with covered calls
- Tactical asset allocation
- Steady monthly cash distribution
Key Facts
As at 2024/07/25
TICKER
HBIG
TSX
CURRENCY
CAD-Hedged
Underlying ETFs
NAV
$24.36
Updated Daily
MKT PRICE CLOSE
$24.35
Updated Daily
HOLDINGS
13
Underlying ETFs
MGMT STYLE
Active
With Covered Calls
Underlying ETFs
CASH DISTRIBUTION
Monthly
Frequency
DISTRIBUTION
$0.1600
Cash, Per unit
FIRST DISTRIBUTION
April 30
2024
INCEPTION DATE
April 15
2024
Key Facts
As at 2024/07/25
TICKER
HBIE
TSX
CURRENCY
CAD-Hedged
Underlying ETFs
NAV
$24.48
Updated Daily
MKT PRICE CLOSE
$24.47
Updated Daily
HOLDINGS
13
Underlying ETFs
MGMT STYLE
Active
With Covered Calls
Underlying ETFs
CASH DISTRIBUTION
Monthly
Frequency
DISTRIBUTION
$0.2000
Cash, Per unit
FIRST DISTRIBUTION
April 30
2024
INCEPTION DATE
April 15
2024
Key Facts
As at 2024/07/25
TICKER
HBIG
TSX
CURRENCY
CAD-Hedged
Underlying ETFs
NAV
$24.36
Updated Daily
MKT PRICE CLOSE
$24.35
Updated Daily
HOLDINGS
13
Underlying ETFs
MGMT STYLE
Active
With Covered Calls
Underlying ETFs
CASH DISTRIBUTION
Monthly
Frequency
DISTRIBUTION
$0.1600
Cash, Per unit
FIRST DISTRIBUTION
April 30
2024
INCEPTION DATE
April 15
2024
Key Facts
As at 2024/07/25
TICKER
HBIE
TSX
CURRENCY
CAD-Hedged
Underlying ETFs
NAV
$24.48
Updated Daily
MKT PRICE CLOSE
$24.47
Updated Daily
HOLDINGS
13
Underlying ETFs
MGMT STYLE
Active
With Covered Calls
Underlying ETFs
CASH DISTRIBUTION
Monthly
Frequency
DISTRIBUTION
$0.2000
Cash, Per unit
FIRST DISTRIBUTION
April 30
2024
INCEPTION DATE
April 15
2024
Meet the Manager
Paul MacDonald, CFA
Paul MacDonald is the Chief Investment Officer (CIO) at Harvest ETFs and the leader manager for HHL and HHLE. Paul brings over 20 years of experience in the investment business, with 15 years as a portfolio manager. Paul covers select Healthcare companies globally and is the lead portfolio manager on the Harvest Healthcare Leaders Income ETF, one of Canada’s largest Healthcare ETFs. Paul also covers select Real Estate companies and plays a key role in formulating Harvest’s overall investment strategy.
Disclaimer
Harvest Balanced Income Growth ETF
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 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.
Harvest Balanced Income & Growth Enhanced ETF
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 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.