Overview
The Harvest Coinbase Enhanced High Income Shares ETF invests all its assets, directly, or indirectly, in shares of Coinbase Global, Inc. (Coinbase). Coinbase operates a cryptocurrency exchange platform, the largest in the United States in terms of trading volume. Coinbase consistently ranks as the safest crypto exchange on the planet.
Fund Focus
The Harvest Coinbase Enhanced High Income Shares ETF (TSX: CNYE) provides access to the growth potential of Coinbase and overlays an active covered call writing strategy on up to 50% of the position to provide high monthly cash distributions to its unitholders. It applies modest leverage at around 25% for higher income and growth potential. Units of the ETF are available in CAD.
Advantages
- US Stock + High Monthly Income
- Canadian Trust Unit
- Tax Efficient
- Lower Purchase Price
- Applies modest leverage for higher monthly income in CAD
COIN Historical Price
Coinbase Global Inc. (NASDAQ:COIN) is a fintech company that offers crypto-powered technologies that include self-custody wallets, decentralized apps and services, and open community engagement platforms.
Source: Bloomberg
Fund Details | As at 2025/06/04 |
---|---|
Ticker | CNYE |
Reference Asset | COIN |
Distribution (per unit) | $0.40 / MTH |
Total Distribution (since inception) | $1.2000 |
NAV | $12.54 |
MKT (Close) | $12.53 |
AUM | $46.41M |
Currency | CAD-Unhedged |
Management Fee | 0.40% |
Risk Rating | High |
More Details
CUSIP | 417908100 |
Inception | March 5, 2025 |
Eligible | RRSP / TFSA / RRIF / RESP / FHSA |
Distribution | Monthly Variable |
Distribution Method | Cash/DRIP |
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Performance / Distributions
Performance for Harvest High Income Shares cannot be displayed until 1 year after inception 2025/03/05.
Distribution History
Record Date | Ex-dividend Date | Pay Date | Amount | Type |
---|---|---|---|---|
2025/05/30 | 2025/05/30 | 2025/06/09 | $0.4000 | Monthly |
2025/04/30 | 2025/04/30 | 2025/05/09 | $0.4000 | Monthly |
2025/03/31 | 2025/03/31 | 2025/04/09 | $0.4000 | Monthly |
Portfolio Breakdown
The ETF seeks to provide unitholders with long-term capital appreciation through purchasing and holding common stock of COIN and generate high monthly cash distributions through an active covered call writing strategy.
HOLDING | As at March 5, 2025 |
---|---|
Coinbase Global, Inc. | 122.7% |
Market value of options | 0% |
Cash and other assets and liabilities | (22.7)% |