HARVEST META ENHANCED HIGH INCOME S UNITS CLASS AHARVEST META ENHANCED HIGH INCOME S UNITS CLASS AHARVEST META ENHANCED HIGH INCOME S UNITS CLASS A

HARVEST META ENHANCED HIGH INCOME S UNITS CLASS A

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Key stats


Assets under management (AUM)
‪19.48 M‬CAD
Fund flows (1Y)
‪21.68 M‬CAD
Dividend yield (indicated)
24.24%
Discount/Premium to NAV
0.2%
Shares outstanding
‪1.73 M‬
Expense ratio

About HARVEST META ENHANCED HIGH INCOME S UNITS CLASS A


Issuer
Harvest Portfolios Group, Inc.
Brand
Harvest ETFs
Inception date
Jan 16, 2025
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Replication method
Synthetic
Management style
Active
Dividend treatment
Distributes
Primary advisor
Harvest Portfolios Group, Inc.
The fund seeks to provide long-term capital appreciation on a levered basis in Meta stock and high monthly cash distributions. The actively managed ETF invests all its assets in Meta shares, a mega-cap information technology company that owns and operates many of the worlds top social media brands, among other products and services. It also employs an active covered call strategy on up to 50% of the portfolio. The strategy aims to participate in the long-term growth of the company in exchange for monthly income. The income generated helps to cushion the potential downside performance of the shares. Investors are subject to the downside risks of the single stock exposure in a volatile stock. The fund may invest up to 100% of its assets directly or indirectly in Meta stocks and could apply leverage of up to around 25%. The covered call strategy is reviewed monthly to ensure cash flow sustainability.

Classification


Asset Class
Equity
Category
Sector
Focus
Communication services
Niche
Interactive Media & Services
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Stocks
Technology Services
Stock breakdown by region
100%
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

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