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

Harvest Diversified Monthly Income ETF > An interesting new ETF

<< Previous

Bullboard Posts

Next >>

Comment by ALTELon Jun 13, 2022 8:46pm

110 Views

Post# 34753831

RE:An interesting new ETF

https://harvestportfolios.com/wp-content/uploads/brochures/Harvest_Diversified_Monthly_Income_ETF_CF_web.pdf?gclid=EAIaIQobChMIkp6J6Ner-AIVlcLCBB3-igY4EAAYASACEgK2PvD_BwE

Bot 5000 today at $8.29 ….. that’s a 10.2% yield....sheesh

HDIF Holds 5 Harvest ETF’S holding the biggest US companies

30% covered calls

Seems like a good way to track the market while collecting the juicy dividend

You won’t get the Canadian Dividend Tax Credit so you want this in a Registered account if possible

No MER on HDIF because you are paying on the 5 underlying ETF’s

<< Previous

Bullboard Posts

Next >>

Mullen Group's Robust Case for Value, Part 1: Less-than-Truckload