
TSE:HHIC
This summary was created by AI, based on 2 opinions in the last 12 months.
Harvest Canadian High Income Shares ETF (HHIC-T) has been recognized for its strong dividend strategy, being the top choice among Canadian companies with a concentration in a few key sectors. The ETF features a covered call overlay and a highly concentrated portfolio, with significant allocations in the banking and oil and gas sectors, which could lead to higher volatility. With a management expense ratio of 40 bps, although its accuracy may vary due to the ETF's novelty, it also boasts a compelling yield of over 15%. Furthermore, the strategy involves leveraging trading derivatives to enhance income, making it vital for investors to carefully assess their exposure to this concentrated portfolio. While the focus on actively managed investments offers an opportunity for capital growth, the suitability of this fund should align with individual investment goals and risk appetite.
Is a concentrated portfolio, including RY, TD, Shopify, Cameco, BCE, Telus, a nice mix, but narrow. The extra income comes from trading derivatives. It's actively managed, so the MER is higher. Lower ones are passive ETFs. Is the exposure right for you? That question is more important than the MER. Are you getting value?
Harvest Canadian High Income Shares ETF is a Canadian stock, trading under the symbol HHIC.TO (previously HHIC-T on Stockchase) on the Toronto Stock Exchange (HHIC-CT). It is usually referred to as TSX:HHIC or HHIC.TO
In the last year, 2 stock analysts issued a Buy, Sell, or Hold rating on HHIC.TO (previously HHIC-T on Stockchase). 2 analysts recommended to BUY and 0 analysts recommended to SELL the stock. The latest stock analyst rating is RISKY. Read the latest stock experts' ratings for Harvest Canadian High Income Shares ETF.
Harvest Canadian High Income Shares ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Harvest Canadian High Income Shares ETF.
Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Harvest Canadian High Income Shares ETF.
Harvest Canadian High Income Shares ETF is covered by Stockchase experts and is worth watching.
On 2026-09-11, Harvest Canadian High Income Shares ETF (HHIC.TO) stock closed at a price of $13.98.
Dividend strategy in Canadian companies, with a covered call overlay. Only 13 names. Quite concentrated with 41% in banks, 31% in oil/gas. Fairly new. MER is 40 bps (but may not be accurate, as it's so new) -- so look at the website.
Indicates a yield of 15+%. There's also enhancement via leverage (in a rising market, may do better than underlying securities; in a falling market, does worse). If you need the income, own it in a non-registered account. Make sure you know what you're buying.