Opinions
Mike Philbrick
Harvest Diversified High Income Shares ETF
HHIS-T
WEAK BUY
Aug 29, 2025
$12.355
Stock price when the opinion was issued
E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for
managing and tracking your investments.
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PARTIAL BUY
To park money in a non-registered account.
New and interesting product, narrow focus. Very tech-heavy, so you get lots of covered-writing income because the stocks move around a lot. But you give up some upside, and he's generally bullish in this area due to AI rollout. To "park money" sounds short term. Its distribution is composed of some dividend, but mostly capital gains and return of capital.
Could pair it with a NASDAQ 100 or Mag 7 ETF to keep some of the upside.
E.T.F.'s
Leverage is 1.25x. Cover writes the portfolio at the money pretty extensively. And that's why the yield is there. Remember that yield is often a return of capital. Caps some of the upside, but likes this one because it's diversified.
If his thesis is correct, broad and diversified exposure to the Canadian market will be in your favour. If he's not right, it'll go the other way.