Harvest Balanced Income & Growth Enhanced ETF Trust Units AHarvest Balanced Income & Growth Enhanced ETF Trust Units AHarvest Balanced Income & Growth Enhanced ETF Trust Units A

Harvest Balanced Income & Growth Enhanced ETF Trust Units A

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Key stats


Assets under management (AUM)
‪11.24 M‬CAD
Fund flows (1Y)
‪7.22 M‬CAD
Dividend yield (indicated)
10.10%
Discount/Premium to NAV
0.09%
Shares outstanding
‪475.00 K‬
Expense ratio

About Harvest Balanced Income & Growth Enhanced ETF Trust Units A


Issuer
Harvest Portfolios Group, Inc.
Brand
Harvest ETFs
Inception date
Apr 15, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Harvest Portfolios Group, Inc.
ISIN
CA41752L1076
The fund-of-funds seeks to replicate the Harvest Balanced Income & Growth ETF, a fund that invests in a portfolio of exchange-traded funds listed on a North American stock exchange, primarily those that are managed by the fund manager. These underlying funds hold large-cap stocks, investment grade bonds, or money market instruments issued by governments and corporations. Exchange-traded funds that engage in covered call strategies may also be included. Under normal market conditions, the fund seeks to maintain a long-term asset allocation of approximately 60% equities and 40% fixed income securities. The portfolio is reconstituted and rebalanced quarterly. Overall, HBIE acts as an alternative fund, which is permitted to use investment strategies, including the ability to invest more than 10% of their NAV in securities of a single issuer, the ability to borrow cash, to short sell beyond the limits prescribed for conventional funds and to employ leverage.

Broaden your horizons with more funds linked to HBIE via country, focus, and more.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income & capital appreciation
Strategy
Active
Geography
North America
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF112.67%
Mutual fund10.67%
Cash−23.34%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
HBIE trades at 23.77 CAD today, its price has risen 0.68% in the past 24 hours. Track more dynamics on HBIE price chart.
HBIE net asset value is 23.75 today — it's risen 1.66% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
HBIE assets under management is ‪11.24 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
HBIE price has risen by 0.85% over the last month, and its yearly performance shows a −6.49% decrease. See more dynamics on HBIE price chart.
NAV returns, another gauge of an ETF dynamics, showed a 4.19% increase in three-month performance and has increased by 7.64% in a year.
HBIE fund flows account for ‪7.22 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
HBIE invests in funds. See more details in our Analysis section.
No, HBIE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, HBIE technical analysis shows the strong buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HBIE shows the buy signal. See more of HBIE technicals for a more comprehensive analysis.
Yes, HBIE pays dividends to its holders with the dividend yield of 10.10%.
HBIE trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
HBIE shares are issued by Harvest Portfolios Group, Inc.
HBIE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Apr 15, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.