HARVEST DIVERSIFIED MONTHLY INC ETF UNIT CL AHARVEST DIVERSIFIED MONTHLY INC ETF UNIT CL AHARVEST DIVERSIFIED MONTHLY INC ETF UNIT CL A

HARVEST DIVERSIFIED MONTHLY INC ETF UNIT CL A

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Key stats


Assets under management (AUM)
‪424.84 M‬CAD
Fund flows (1Y)
‪56.58 M‬CAD
Dividend yield (indicated)
10.79%
Discount/Premium to NAV
0.2%
Shares outstanding
‪51.73 M‬
Expense ratio
2.64%

About HARVEST DIVERSIFIED MONTHLY INC ETF UNIT CL A


Issuer
Harvest Portfolios Group, Inc.
Brand
Harvest ETFs
Inception date
Feb 16, 2022
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Harvest Portfolios Group, Inc.
The fund aims to offer an alternative investment from conventional equity funds by delivering consistent monthly income and diverse growth opportunities. Composed of a leveraged, equal-weighted basket of six large-cap Harvest equity income ETFs, the multi-sector global portfolio captures high-quality companies whose existing yields are combined with a covered call option to generate income and offset volatility. The fund can actively invest more than 10% of its assets in single issuers, may borrow cash, short-sell, and employ leverage, above the limits of traditional ETFs, as permitted by Canadian laws. The fund may borrow cash or short-sell up to 50% of its NAV. As part of its broad strategy, the fund may invest in other ETFs, use derivatives, hedge currencies, and engage in securities lending.

Classification


Asset Class
Equity
Category
Size and style
Focus
Large cap
Niche
Broad-based
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
ETF
Stock breakdown by region
100%
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.

Broaden your horizons with more funds linked to HDIF via country, focus, and more.

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.
HDIF trades at 8.22 CAD today, its price has fallen −1.08% in the past 24 hours. Track more dynamics on HDIF price chart.
HDIF net asset value is 8.29 today — it's risen 1.72% 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.
HDIF assets under management is ‪424.84 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.
HDIF price has fallen by −0.48% over the last month, and its yearly performance shows a 0.61% increase. See more dynamics on HDIF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.72% over the last month, showed a 2.58% increase in three-month performance and has increased by 12.46% in a year.
HDIF fund flows account for ‪56.58 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.
HDIF invests in funds. See more details in our Analysis section.
HDIF expense ratio is 2.64%. 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, HDIF 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, HDIF technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating HDIF shows the sell signal. See more of HDIF technicals for a more comprehensive analysis.
Yes, HDIF pays dividends to its holders with the dividend yield of 10.79%.
HDIF trades at a premium (0.17%).
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.
HDIF shares are issued by Harvest Portfolios Group, Inc.
HDIF 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 16, 2022.
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.