HHL harvest ETF

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Hi, any good things to say on that ETF ? I own HTA and wish to have exposure to pharmaceutical in the US.

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Asked on January 12, 2024 4:53 am
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Private answer

We actually really like this fund. It's had a bit of a rough go the last while primarily due to the drawdown in pharma companies overall. However, if you're not looking to pick an individual pharma company and also want a bit of a boost in income, it's pretty solid. It sells covered calls on a relatively low portion of the portfolio (around 33%) and most of these companies are slow growers, so collecting money on call options isn't necessarily a bad thing.

Generally, I am not a huge fan of covered call ETFs. However I believe Harvest does a pretty good job with HTA and HHL

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Posted by Dan Kent
Answered on January 14, 2024 7:41 am
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Thanks Dan for the answer. I was tempted and now convinced. Looks like a good product to own for a few years. Great job guys and thanks again. So happy I joined Stocktrades.
(Jean-François Larente at January 15, 2024 5:11 am)
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