Key stats
About HARVEST CDN EQUITY INCOME LERDS ETF UNIT CL A
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Inception date
Jun 13, 2022
Structure
Canadian Mutual Fund Trust (ON)
Tax on distributions
Qualified dividends
The fund offers a concentrated exposure to the Canadian equity market. Starting with the issuers investable universe, the top 30 companies as measured by market capitalization are selected and are weighted equally. These companies must: i) meet certain dividend criteria, ii) be considered as large-cap leaders with dominant market shares, and iii) have attractive monthly income with opportunity for capital appreciation. The fund may invest in companies across various industries and sectors, without bias. To achieve lower overall portfolio volatility, the fund manager writes covered call options at its discretion, on not more than 33% of its securities, depending on market volatility and other factors. In addition, a buffer rule that replaces a portfolio constituent if it drops out of the top 35 companies based on market-cap, is applied at each quarterly reconstitution in order to reduce portfolio turnover.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Utilities
Industrial Services
Stocks98.26%
Finance39.24%
Utilities16.17%
Industrial Services13.46%
Communications9.60%
Energy Minerals6.66%
Process Industries3.29%
Producer Manufacturing3.28%
Retail Trade3.22%
Consumer Services3.18%
Bonds, Cash & Other1.74%
Cash1.79%
ETF0.11%
Rights & Warrants−0.16%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history