(HLIF) Harvest Canadian Equity - Ratings and Ratios

Harvest Canadian Equity Income Leaders ETF Class A Inc (TO:HLIF) is designed to capture the strength of Canada’s leading corporations, which dominate key industries with significant market share, substantial financial reserves, and a history of consistent dividend payments. The ETF combines exposure to these high-quality companies with an active covered call strategy to enhance income generation.

The fund focuses on sectors such as financials, utilities, and energy, where Canadian companies often hold strong competitive positions. By employing a covered call strategy, the ETF aims to generate additional income from option premiums while maintaining exposure to the underlying equities. This approach is particularly appealing in low-yield environments, as it seeks to maximize returns through a combination of dividend income and option income.

From a technical perspective, HLIF has shown stability with a low Average True Range (ATR) of 0.06, indicating minimal price volatility. The ETF is currently trading slightly below its 20-day and 50-day simple moving averages (SMA), which are 9.42 and 9.40, respectively, but above its 200-day SMA of 9.04. This suggests that the fund is in a consolidative phase after a period of upward momentum.

Fundamentally, the ETF has assets under management (AUM) of 123.00M CAD, reflecting moderate scale and liquidity. The average 20-day trading volume of 1,904 shares indicates limited trading activity, which may result in slightly wider bid-ask spreads for smaller transactions.

For more information, visit http://www.harvestportfolios.com. The ETF is categorized under Morningstar Canada GR CAD.