Key stats
About HARVEST EQUAL WGH GBL UTLTS INM ETF CLASS A UNITS
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Inception date
Jan 7, 2019
Structure
Canadian Mutual Fund Trust (ON)
Tax on distributions
Ordinary income
The fund invests in a portfolio of utility companies around the globe. Aside from the usual segments, utilities here also include a broader reach into telecommunications, oil & gas storage, and transportation. The fund selects the top 30 utility companies by market cap from the issuers proprietary investable universe. Then, these selected securities are equally weighted within the fund. To decrease portfolio volatility, the fund will generally write covered call options on up to 33% of the eligible securities. Reconstitution and rebalancing are done on a quarterly basis.
Classification
What's in the fund
Exposure type
Utilities
Communications
Industrial Services
Stock breakdown by region
Displays a symbol's price movements over previous years to identify recurring trends.