HARVEST AMAZON ENHANCED HIGH INCOME UNITS CLASS AHARVEST AMAZON ENHANCED HIGH INCOME UNITS CLASS AHARVEST AMAZON ENHANCED HIGH INCOME UNITS CLASS A

HARVEST AMAZON ENHANCED HIGH INCOME UNITS CLASS A

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Key stats


Assets under management (AUM)
‪44.74 M‬CAD
Fund flows (1Y)
‪46.12 M‬CAD
Dividend yield (indicated)
15.05%
Discount/Premium to NAV
−0.2%
Shares outstanding
‪3.48 M‬
Expense ratio

About HARVEST AMAZON ENHANCED HIGH INCOME UNITS CLASS A


Issuer
Harvest Portfolios Group, Inc.
Brand
Harvest ETFs
Inception date
Aug 21, 2024
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Harvest Portfolios Group, Inc.
The fund targets long-term capital growth along with providing substantial monthly cash payouts by investing 100% of its assets in Amazon stocks (AMZN). Income is generated through a covered call options strategy, which allows the writing of options on up to 50% of the shares held, depending on market conditions. While these options are typically at-the-money, the manager may also write out-of-the-money options when deemed necessary. This approach aims to manage risk and enhance returns, although it limits potential gains. A monthly review ensures that cash flow remains aligned with the distribution policy. Leverage is achieved through cash borrowings, which are capped at 25% of its net assets. The fund may also utilize derivatives to improve trading efficiency and support hedging strategies. In unfavorable market conditions, the manager can reallocate significant assets to cash or fixed income securities to protect capital. Additionally, the fund may engage in securities lending to generate extra income.

Classification


Asset Class
Equity
Category
Sector
Focus
Consumer discretionary
Niche
Broadline retail
Strategy
Buy-write
Geography
U.S.
Weighting scheme
Single asset
Selection criteria
Single asset
What's in the fund
Exposure type
Stocks
Retail Trade
Stock breakdown by region
100%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to AMHE via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
AMHE trades at 12.76 CAD today, its price has fallen −0.74% in the past 24 hours. Track more dynamics on AMHE price chart.
AMHE net asset value is 12.78 today — it's fallen 0.73% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
AMHE assets under management is ‪44.74 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
AMHE price has fallen by −3.41% over the last month, and its yearly performance shows a 3.40% increase. See more dynamics on AMHE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.73% over the last month, have fallen by −0.73% over the last month, showed a 1.48% increase in three-month performance and has decreased by −10.10% in a year.
AMHE fund flows account for ‪46.12 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
AMHE invests in stocks. See more details in our Analysis section.
Yes, AMHE is a leveraged ETF, meaning it uses borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, AMHE technical analysis shows the neutral rating and its 1-week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating AMHE shows the sell signal. See more of AMHE technicals for a more comprehensive analysis.
Yes, AMHE pays dividends to its holders with the dividend yield of 15.05%.
AMHE trades at a premium (0.16%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
AMHE shares are issued by Harvest Portfolios Group, Inc.
AMHE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Aug 21, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.