Mike PhilbrickHarvest Tech Achievers Growth & Income ETF Class AHTA.TOBUYJun 01, 2020

It holds the tech leaders, with an active covered call overlay. Up to a third of the basket is covered-written, but the other two thirds captures the full upside. This is good. The turns some of tomorrow's growth into today's income. This trade-off can be fine, but it's not a free lunch. Long term, you get lower returns. But this is good if you want some income. HTA is currency-hedged. Note that the MER is a high 0.99%.

Actively managed. Enhanced monthly income via covered calls. Equal weight, so you're not taking on too much individual stock risk. Pretty good holding, for what the investor's looking for. A lateral transition to something like TXF may not achieve anything more, as the 2 baskets of stocks are so similar.

You are taking a significant bet on technology and the AI rollout. May behoove you to think about other areas of the market, such as energy. Try ENCC.

Dominated by core US large caps (top 20 market cap), plus covered call strategy. Doesn't see any issues with the component stocks, future looks great. The more income you take, the more you limit the upside. MER is 85 bps, higher because of the options strategy. Small position only.

In a good space that favours growth over value, and the holdings in this one would be along those lines. You get the mega-caps as well as some of the smaller names, diversified across areas in the tech landscape. Good holding.

Anytime you hold growth, you're going to see some swings. Must consider your timeframe and what amount of volatility you're comfortable with. If you bought today and didn't look at it for 6-7 months, he'd be really surprised if you didn't see some upside.

Good option for investors looking for tech exposure. Large cap companies only - so will limit capital growth. Defensive name. Tech valuations very high right now - so would trim a little. Good to keep as a balanced portion of portfolio. 

A covered call ETF that's done very well because it holds tech. Nothing wrong with that, but remember that the covered call acts as an underlying drag on the underlying stocks. If he's investing in higher-risk including tech, he doesn't want covered calls, but likes them on dividend payers and banks. As for tech, he expects an earnings problem in the next few months.

He'd be more cautious of HTA, because if he's going to take the risk of tech, he wants to have the full growth potential of that and not be somewhat coralled by covered calls. On tech, he'd be doing ZQQ.

Growth and income for large tech companies.
Very strong performance. 
Wait to buy when price falls. 
Not a good short term investment.
Need to wait a long time for investment.

They pick up major tech stocks and write options on them. Harvest ETFs are good with yield, though not growth. Overall, it's fine.

Most Harvest ETFs pay a very good yield, because they do the covered call overlay, but some of the charts are choppy. You'd be better off with ZQQ-T. Do you want the straight growth or a covered call?

Harvest is pretty new to ETF space. Takes the best known companies and adds covered call. Problem is that covered calls will most always be outperformed by the companies themselves. Covered calls are great for generating tax-efficient income, but not growth.