Overview
The Harvest Amazon High Income Shares ETF (AMZH) invests all its asset in shares of Amazon. Amazon is a global e-commerce giant that offers a diverse range of products and services. These include online retail, cloud computing (AWS), digital streaming, and artificial intelligence. The company is known for its customer-centric approach, innovative technologies, and extensive logistics network. This makes Amazon a leader in the consumer and enterprise sectors.
Fund Focus
The Harvest Amazon High Income Shares ETF provides access to the growth potential of Amazon, and overlays an active covered call writing strategy on up to 50% of the portfolio to generate high income, every month. Units the ETF are available in CAD (AMZH) and USD (AMZH.U).
Advantages
- US Stock + High Monthly Income
- Canadian Trust Unit
- Tax Efficiency
- Lower Purchase Price
- High Income in CAD/USD
- Available in Enhanced Series
AMZN Historical Price
Amazon.com, Inc. (AMZN:NASDAQ) is a global e-commerce giant that offers enterprise cloud computing globally.
Source: Bloomberg
Fund Details | As at 2024/12/10 |
---|---|
Ticker | AMZH |
Reference Asset | AMZN |
Distribution (per unit) | $0.14 / MTH |
NAV | $14.76 |
MKT (Close) | $14.77 |
AUM** | $12.38M |
Currency | CAD-Unhedged |
Management Fee | 0.40% |
More Details
CUSIP | 41752A101 |
Inception | 2024/08/21 |
Eligible | RRSP / TFSA / RRIF / RESP / FHSA |
Distribution Frequency | Monthly |
Distribution Method | Cash/DRIP |
Risk Rating | Medium |
Similar funds:
AMZH.U
Harvest Amazon High Income Shares ETF
AMHE
Harvest Amazon Enhanced High Income Shares ETF
AMHE.U
Harvest Amazon Enhanced High Income Shares ETF
Performance / Distributions
Performance for Harvest High Income Shares ETF cannot be displayed until 1 year after inception 2024/08/21.
Distribution History
Record Date | Ex-dividend Date | Pay Date | Amount | Type | |
---|---|---|---|---|---|
2024/11/29 | 2024/11/29 | 2024/12/09 | $0.1400 | Monthly | |
2024/10/31 | 2024/10/31 | 2024/11/08 | $0.1400 | Monthly | |
2024/09/27 | 2024/09/27 | 2024/10/09 | $0.1400 | Monthly |
Portfolio Breakdown
The ETF seeks to provide unitholders with long-term capital appreciation through purchasing and holding common stock of AMZN and generate high monthly cash distributions through an active covered call writing strategy.
HOLDING | As at November 29, 2024 |
---|---|
Amazon.com, Inc. | 101.5% |
Cash and other assets and liabilities | (0.6)% |
Market value of options | (1.0)% |
Disclaimer
Commissions, management fees and expenses all may be associated with investing in Harvest High Income Shares ETFs 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 and Class U 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.
** Represents aggregate AUM of all classes denominated in Canadian dollars.