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Harvest Diversified Monthly Income ETF T.HDIF

Harvest Diversified Monthly Income ETFs investment objectives are to provide Unitholders with high monthly cash distributions and the opportunity for capital appreciation by investing, on a levered basis, in a portfolio of exchange traded mutual funds managed by the Manager that are listed on a recognized Canadian stock exchange and that engage in covered call strategies. Harvest Diversified Monthly Income ETF will invest primarily in a portfolio of exchange traded mutual funds that are listed on a recognized Canadian stock exchange that engage in covered call strategies. Harvest Diversified Monthly Income ETF is considered an alternative mutual fund within the meaning of NI 81-102 and is permitted to invest in asset classes or use investment strategies that are not permitted for other types of mutual funds.


TSX:HDIF - Post by User

Comment by CanSiamCypon Nov 05, 2022 12:36pm
70 Views
Post# 35075725

RE:RE:RE:RE:Its a start

RE:RE:RE:RE:Its a startYou are most welcome!

You are correct in stating that the tax consideration becomes much more important when the majority of an investment portfolio is in a non-registered format. If the majority of one's assets are in registered accounts, I feel that it is important to avoid capital losses ... cuz these can't be written off against capital gains when realized inside registered accounts.

I can't comment on your other holdings. I actually have one preferred issue of EIT .... EIT.PR.B ... which I hold in our preferred share portfolio (which is a proxy for a fixed income component ... cuz we have no bonds, no GICs, no HISAs).

Cheers!

Jumpstart44 wrote: Thanks for the reply , now we are getting somewhere. Checking your posting history your portfolio is substantially greater than mine so there are a number of differences between them. first off most of our holdings are in TFSAs ,with the other 30% in RRSPs so taxes are not a problem. In my case for diversification purposes , the portfolio consists of just 5 high yielding ETFs. They are EIT, FTN, HDIF, HDIV ,and HYLD. While the markets are down considerably , especially in TECH, those monthly dividends reinvested are adding up in new shares at a an impressive rate. Eventually things will turn for the better and the portfolio will gain from those new shares. If you have any comments about the other ETFs l own or suggestions , l am all ears. Cheers to You as well.and thanks for stepping up to comment.


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