The Harvest Healthcare Leaders Income ETF Has Paid Over $400 Million in Distributions to Unitholders Since Inception
OAKVILLE, Ontario, January 30, 2024--(BUSINESS WIRE)--Harvest Portfolios Group Inc. ("Harvest") is pleased to announce that Harvest Healthcare Leaders Income ETF (TSX:HHL) (TSX:HHL.B) (TSX:HHL.U) ("HHL") has paid over C$400 million in cash distributions since inception and is Canada’s largest healthcare ETF with approximately C$1.5 billion in assets under management (AUM). Despite recent market conditions, HHL continues to execute on delivering consistent monthly income for shareholders and has now established itself as a top performing Canadian healthcare ETF on an annualized basis over a one, two, three, and four-year period.*
Annualized Performance for HHL (Class A) as at December 31, 2023.
1 Year | 2 Year | 3 Year | 4 Year | 5 Year | Since Inception |
6.62% | 4.00% | 10.22% | 8.94% | 9.89% | 7.01% |
The Harvest Healthcare Leaders Income ETF has now delivered steady and consistent monthly cash distributions for over nine years. The total distributions paid since the launch of the Fund in November 2014 has recently surpassed C$400 million.
"The permanent and non-cyclical tailwinds of aging populations, technological innovation and developing markets lay the foundation for our long-term view of the sector" says Paul MacDonald, CIO of Harvest ETFs. "In the shorter term the macro environment for the sector also appears more favorable than last year".
The Harvest Healthcare Leaders Income ETF offers exposure to an equally weighted portfolio of 20 Healthcare Leaders with an active covered call strategy. For more information and recent portfolio manager videos and updates, please visit https://harvestportfolios.com.
*Source: Bloomberg as at December 31, 2023.
For additional information: Please visit www.harvestportfolios.com, e-mail info@harvestportfolios.com or call toll free 1-866-998-8298.
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $3.9 billion, as at January 29, 2024, in assets for Canadian Investors. At Harvest ETFs, our guiding principles are premised on building wealth for our clients through ownership of strong businesses that have the potential to grow & generate steady income over time. Harvest ETFs offers an innovative suite of exchange traded funds, mutual funds and publicly listed structured fund products designed to satisfy the long-term growth and income needs of investors. We pride ourselves in creating trusted investment solutions that meet the expectations of our investors.
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Contacts
For Additional Information:
Website: https://harvestportfolios.com
E-mail: info@harvestetfs.com
Toll free: 1-866-998-8298
