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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) is a specialized investment vehicle designed for investors seeking substantial income through dividends, primarily from large Canadian corporations. It employs a covered call strategy and maintains a concentrated portfolio with a significant focus on banks and oil/gas sectors, comprising 41% and 31% of its holdings, respectively. While the fund indicates an attractive yield of over 15%, its management expense ratio (MER) is currently 40 basis points, which may not be accurately reflected due to the ETF's recent launch. Investors need to be cautious due to the leverage used, which can amplify returns in rising markets but exacerbate losses when markets decline. Proper understanding and alignment of this investment's exposure with personal financial goals are crucial, particularly considering its concentrated nature and the higher risk associated with active management and derivatives trading.
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 2026-08-19, Harvest Canadian High Income Shares ETF (HHIC.TO) stock closed at a price of $14.42.
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.