Key stats
About Harvest Reddit Enhanced High Income Shares ETF Trust Unit A
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Inception date
Oct 1, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Capital Gains
Primary advisor
Harvest Portfolios Group, Inc.
ISIN
CA41757H1010
The fund targets long-term capital growth along with providing substantial monthly cash payouts by investing 100% of its assets in Reddit Inc stocks (RDDT). Income is generated through a covered call options strategy, which allows the writing of options on up to 50% of the shares held, depending on market conditions. While these options are typically at-the-money, the manager may also write out-of-the-money options when deemed necessary. This approach aims to manage risk and enhance returns, although it limits potential gains. A monthly review ensures that cash flow remains aligned with the distribution policy. Leverage is achieved through cash borrowings, which are capped at 25% of its net assets. The fund may also utilize derivatives to improve trading efficiency and support hedging strategies. In unfavorable market conditions, the manager can reallocate significant assets to cash or fixed income securities to protect capital. Additionally, the fund may engage in securities lending to generate extra income.
Related funds
Classification
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
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.
RDDY trades at 9.70 CAD today, its price has risen 4.41% in the past 24 hours. Track more dynamics on RDDY price chart.
RDDY net asset value is 9.72 today — it's fallen 14.32% 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.
RDDY assets under management is 20.21 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.
RDDY fund flows account for 20.51 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.
Yes, RDDY is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
Yes, RDDY pays dividends to its holders with the dividend yield of 43.30%.
RDDY trades at a premium (0.20%).
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.
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.
RDDY shares are issued by Harvest Portfolios Group, Inc.
RDDY 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 Oct 1, 2025.
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.