Harvest US Bank Leaders Income ETF Class A (HUBL.TO) TSX

14.49

-0.09(-0.62%)

Updated at January 14 03:33PM

Currency In CAD

Harvest US Bank Leaders Income ETF Class A

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

February 05, 2018

Key Executives

N/A

Description

The Harvest US Bank Leaders Income ETF’s investment objectives are to provide Unitholders with (i) monthly cash distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the US Bank Leaders directly. To achieve lower overall volatility of portfolio returns, the Harvest US Bank Leaders Income ETF will generally write covered call options on up to 33% of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors.