Key stats
About HARVEST META ENHANCED HIGH INCOME S UNITS CLASS A
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Inception date
Jan 16, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Harvest Portfolios Group, Inc.
The fund seeks to provide long-term capital appreciation on a levered basis in Meta stock and high monthly cash distributions. The actively managed ETF invests all its assets in Meta shares, a mega-cap information technology company that owns and operates many of the worlds top social media brands, among other products and services. It also employs an active covered call strategy on up to 50% of the portfolio. The strategy aims to participate in the long-term growth of the company in exchange for monthly income. The income generated helps to cushion the potential downside performance of the shares. Investors are subject to the downside risks of the single stock exposure in a volatile stock. The fund may invest up to 100% of its assets directly or indirectly in Meta stocks and could apply leverage of up to around 25%. The covered call strategy is reviewed monthly to ensure cash flow sustainability.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Stocks129.14%
Technology Services100.00%
Bonds, Cash & Other−29.14%
Rights & Warrants−2.11%
Cash−27.04%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
METE last dividends amounted to 0.20 CAD. The month before, the issuer paid 0.20 CAD in dividends,
METE assets under management is 37.91 M CAD. It's risen 19.92% over the last month.
METE fund flows account for 37.44 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.
Yes, METE pays dividends to its holders with the dividend yield of 20.12%. The last dividend (Jun 9, 2025) amounted to 0.20 CAD. The dividends are paid monthly.
METE shares are issued by Harvest Portfolios Group, Inc. under the brand Harvest ETFs. The ETF was launched on Jan 16, 2025, and its management style is Active.
METE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
METE invests in stocks.
METE trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.