Key stats
About Harvest Healthcare Leaders Income ETF Trust Units B Unhedged
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Inception date
Feb 27, 2020
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Harvest Portfolios Group, Inc.
ISIN
CA41755F3051
The fund actively managed portfolio starts with its investable universe, which consists of developed market healthcare companies whose market capitalization is at least $5 billion USD at the time of investment, and who meet the fund providers proprietary investment characteristics. The fund then equally weights the top 20 companies the adviser perceives as Healthcare Leaders from the universe. Quantitative factors such as yield, earnings per share growth, implied volatility and option liquidity are also considered when composing the portfolio. HHL aims to achieve (i) an average P/E ratio lower than the average of the investable universe, and (iii) an average 5-year ROE growth greater than the average of the universe. The fund also writes covered call options on up to 33% of the portfolio holdings to decrease volatility. Fund reconstitution and rebalancing is done quarterly.
Related funds
Classification
What's in the fund
Exposure type
Health Technology
Health Services
Stock breakdown by region
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.
HHL.B trades at 8.69 CAD today, its price has risen 3.33% in the past 24 hours. Track more dynamics on HHL.B price chart.
HHL.B net asset value is 8.41 today — it's risen 1.21% 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.
HHL.B assets under management is 16.23 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.
HHL.B price has risen by 4.07% over the last month, and its yearly performance shows a −9.57% decrease. See more dynamics on HHL.B price chart.
NAV returns, another gauge of an ETF dynamics, showed a 5.81% increase in three-month performance and has decreased by −4.23% in a year.
NAV returns, another gauge of an ETF dynamics, showed a 5.81% increase in three-month performance and has decreased by −4.23% in a year.
HHL.B fund flows account for −2.22 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.
HHL.B invests in stocks. See more details in our Analysis section.
HHL.B expense ratio is 1.06%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, HHL.B 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, HHL.B technical analysis shows the 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 HHL.B shows the sell signal. See more of HHL.B technicals for a more comprehensive analysis.
Today, HHL.B technical analysis shows the 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 HHL.B shows the sell signal. See more of HHL.B technicals for a more comprehensive analysis.
Yes, HHL.B pays dividends to its holders with the dividend yield of 8.56%.
HHL.B trades at a premium (0.04%).
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.
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.
HHL.B shares are issued by Harvest Portfolios Group, Inc.
HHL.B 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 Feb 27, 2020.
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.