HPYE.TO

About HPYE.TO

Harvest Premium Yield Enhanced ETF is an actively managed exchange-traded fund that provides investors with exposure to a diversified portfolio of 20 dominant, industry-leading U.S. mega-cap equities, including companies like Apple, Microsoft, NVIDIA, JPMorgan Chase, and Exxon Mobil across sectors such as technology, finance, healthcare, and energy. Its primary function is to deliver twice-monthly cash distributions alongside potential capital appreciation, achieved through moderate leverage of approximately 25% up to 50% and an active options overlay strategy involving writing covered calls and puts. This dynamic approach generates premium income from option premiums while aiming to reduce portfolio volatility and adapt to market conditions, such as selling calls during rallies or using puts to acquire equities at discounts during pullbacks. Denominated in Canadian dollars with a management fee of 0.65%, the ETF holds a medium risk rating and is eligible for registered accounts like RRSPs and TFSAs. Launched in January 2026, it plays a key role in the income-focused ETF market by offering enhanced yields from core U.S. equity exposure in a liquid alternative structure.