Key stats
About HARVEST NVIDIA ENHANCED HIGH INCOME UNITS CLASS A
Home page
Inception date
Aug 21, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Harvest Portfolios Group, Inc.
The fund aims for long-term capital appreciation by investing up to 100% of its assets in NVIDIA Corporation stocks. Each month, the fund manager writes covered call options on up to 50% of the portfolio's value. These options are typically at-the-money, but the manager has the discretion to write them out-of-the-money. The covered call strategy generates premiums but limits participation in potential gains. The fund may also use derivatives, including futures and forward contracts, to reduce transaction costs, increase liquidity, hedge exposure, and generate additional income. It will not hedge any foreign currency exposure. The fund uses a modest leverage of about 125% through cash borrowing. Its aggregate exposure to cash borrowings, short sales, and derivatives will not exceed 33% of the NAV. The fund is actively managed. The manager may deviate from the funds investment strategies and take a defensive position in declining markets.
Classification
What's in the fund
Exposure type
Electronic Technology
Stock breakdown by region
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.
Related funds
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.
NVHE trades at 9.77 CAD today, its price has risen 1.01% in the past 24 hours. Track more dynamics on NVHE price chart.
NVHE net asset value is 9.96 today — it's risen 35.30% 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.
NVHE assets under management is 105.46 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.
NVHE price has risen by 32.49% over the last month, and its yearly performance shows a −17.34% decrease. See more dynamics on NVHE price chart.
NAV returns, another gauge of an ETF dynamics, showed a −8.17% decrease in three-month performance and has decreased by −8.39% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −8.17% decrease in three-month performance and has decreased by −8.39% in a year.
NVHE fund flows account for 109.80 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.
NVHE invests in stocks. See more details in our Analysis section.
Yes, NVHE 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, NVHE technical analysis shows the buy 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 NVHE shows the strong sell signal. See more of NVHE technicals for a more comprehensive analysis.
Today, NVHE technical analysis shows the buy 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 NVHE shows the strong sell signal. See more of NVHE technicals for a more comprehensive analysis.
Yes, NVHE pays dividends to its holders with the dividend yield of 26.69%.
NVHE trades at a premium (0.26%).
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.
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.
NVHE shares are issued by Harvest Portfolios Group, Inc.
NVHE 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.