Analysis

Key stats

About HARVEST MICROSOFT HIGH INCOME SHARE UNITS CLASS A

The fund aims for long-term capital appreciation by investing up to 100% of its assets in Microsoft stocks (MSFT). Each month, the fund manager writes covered call options on up to 50% of the portfolio's value. These options are typically at-the-money, but the manager has the discretion to write them out-of-the-money. The covered call strategy generates premiums but limits participation in potential gains. The fund may also use derivatives, including futures and forward contracts, to reduce transaction costs, increase liquidity, hedge exposure, and generate additional income. It will not hedge any foreign currency exposure. The fund is actively managed. The manager may deviate from the funds investment strategies and take a defensive position in declining market.