It’s February 27, 2025, and the market’s throwing a tantrum—down a bit, sulking like a toddler who dropped his ice cream. But while Wall Street whines, I’m over here panning for gold in the rubble. Meet my latest obsession: Harvest Diversified High Income Shares ETF (HHIS.TO)—a shiny new toy from the TSX that’s like a Swiss Army knife for investors. Picture this: exposure to the rockstars of innovation (Tesla! NVIDIA! Crypto cowboys!) plus a monthly paycheck so juicy you’ll want to frame it. In today’s dip, HHIS.TO isn’t just a gem—it’s a disco ball of opportunity. Let’s boogie through why.
Launched in January 2025 by the folks at Harvest Portfolios Group, HHIS.TO is what happens when you mash up a tech nerd’s dream portfolio with a Wall Street wizard’s income spell. It’s a "fund of funds," stuffing 9-10 of Harvest’s single-stock ETFs into one ticker—think Tesla zooming into the future, NVIDIA fueling Skynet (kidding… maybe), Microsoft ruling the cloud, Amazon delivering your life, Eli Lilly slimming the world, Palantir spying on data, MicroStrategy hoarding Bitcoin like a digital dragon, Coinbase riding crypto waves, and Meta metaverse us into oblivion.
But wait, there’s more! Harvest
sprinkles in a covered call strategy (selling options like a lemonade
stand on steroids) and a cheeky 20-25% leverage boost to crank the yield
to 15-20%.
It will be tossing out approx. $0.25
monthly per unit for a unit price of $11.40
Why This Gem’s Got Swagger
HHIS.TO is for folks who want to
sip champagne with Elon Musk AND pay their bills. Here’s the sizzle:
- Rockstar
Lineup
You’re betting on the cool kids—NVIDIA’s AI chips powering robot overlords, Tesla’s cars dodging potholes (and SEC tweets), Palantir’s cloak-and-dagger data tricks, and MicroStrategy’s Bitcoin stash that could buy a small country. Eli Lilly’s obesity drugs are shrinking waistlines and growing profits, while Coinbase and Meta wrestle with crypto chaos and VR goggles. These are the rebels rewriting tomorrow—HHIS.TO’s your backstage pass. - Cash
Flow That Slaps
The covered call game is pure genius—or madness, depending on your mood. Harvest sells calls on up to 50% of its holdings, raking in premiums like a carnival barker. NVIDIA at $120? Sell a $130 call. If it stalls, you keep the cash and laugh. If it moons, you cash out with a wink. Add leverage, and that 15-20% yield is a middle finger to measly bonds or your savings account’s 0.01%. In today’s gloom, it’s like finding $20 in your couch cushions—every month. - A
Lifeboat with Style
Growth stocks are getting spanked today—Tesla down, Palantir pouting. HHIS.TO’s income is your inflatable raft, while its spread across 10 titans keeps you from sinking with one ship. It’s not bulletproofed, but it’s got more lives than a cat in a cartoon.
The “Oops” Factor
Even gems have scratches:
- Upside’s Handcuffed: NVIDIA triples? You’ll
miss the afterparty.
- Leverage’s Revenge: Market tanks 10%, you
feel it 12.5%—ouch.
- Rookie Status: Born last month, it’s greener
than a lime Jell-O shot—no mileage to judge yet.
- Fees: Probably 1-1.5%—not cheap, but that
yield’s worth it, right? (ETF it
holds has MER not this grouped one)
More details here –
https://harvestportfolios.com/wp-content/uploads/hhis/pdf/why-invest/en/hhis_wi.pdf
Stay Figgy,
The Figured Figs Team 🌱
Disclaimer: “This article is for informational purposes only and does not constitute financial, investment, legal, or tax advice. Readers are encouraged to consult a licensed professional before making any financial decisions."
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