Overview
The Harvest Shopify Enhanced High Income Shares ETF invests all its assets in shares of Shopify. Shopify provides a cloud-based commerce platform. The platform allows merchants to create an omni-channel experience that helps to showcase their specific brand. Shopify serves customers in Canada and around the world.
Fund Focus
The Harvest Shopify Enhanced High Income Shares ETF provides access to the growth potential of Shopify and overlays an active covered call writing strategy on up to 50% of the portfolio. It applies modest leverage at around 25% for higher income and growth prospects.
Advantages
- CAD stock + Higher monthly income
- Covered call strategy to reduce volatility
- Tax efficient
- Lower purchase price
SHOP Historical Price
Shopify Inc. (TSX: SHOP) is a Canadian e-commerce platform provider empowering millions of merchants.
Source: Bloomberg
| Fund Details | As at 2025/10/29 |
|---|---|
| Ticker | SHPE |
| Reference Asset | TSX: SHOP |
| Distribution (per share)* | $0.25 / MTH |
| NAV | $15.50 |
| MKT (Close) | $15.48 |
| AUM | $10.07M |
| Currency | CAD |
| Management Fee | 0.40% |
| Risk Rating | High |
More Details
| CUSIP | 417916806 |
| Inception | 2025/08/21 |
| Eligible | RRSP / TFSA / RRIF / RESP / FHSA |
| Distribution | Monthly Variable |
| Distribution Method | Cash/DRIP |
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Performance / Distributions
Performance cannot be displayed until 1 year after inception 2025/08/21.
For the purposes of the Income Tax Act (Canada) and any corresponding provincial or territorial legislation, all dividends paid by Harvest Shopify Enhanced High Income Shares ETF on its ETF Share Class are “eligible dividends”, unless otherwise indicated.
Distribution History
| Record Date | Ex-dividend Date | Pay Date | Amount | Type |
|---|---|---|---|---|
| 2025/09/29 | 2025/09/29 | 2025/10/09 | $0.2500 | Monthly |
Portfolio Breakdown
The ETF seeks to provide unitholders with long-term capital appreciation through purchasing and holding common stock of SHOP, while generating high monthly cash distributions through an active covered call writing strategy.
| HOLDING | As at September 30, 2025 |
|---|---|
| Shopify Inc. | 127.3% |
| Market value of options | (2.0)% |
| Cash and other assets and liabilities | (25.4)% |
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.
* Announced per share distribution (August 21, 2025) for shareholders on record as September 29, 2025, payable on October 9, 2025. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into available ETF Shares 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.
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