Key stats
About HARVEST US BANK LEADERS INCOME ETF UNIT CL A
Expense ratio
1.22%
Home page
Inception date
Jan 26, 2018
ISIN
CA41755H1038
The fund is an actively managed fund that starts with its investable universe, which consists of dividend-paying, US-listed financial companies whose market capitalization is at least $10 billion USD. The fund manager selects 15 to 20 individual investments based on value, quality, and growth characteristics - essentially, a mixture of fundamental factors and prospects for sustainable long-term growth. These securities are then equally weighted to construct a portfolio that the manager perceives as Bank Leaders. HBUL writes covered call options on up to 33% of the eligible holdings to decrease volatility. Fund reconstitution and rebalancing is done quarterly.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region