Hi Brandon, thanks for this video, I currently own all three of them plus a few more higher income funds HDIV & HYLD as well. I was going to retire at the beginning of this year using the traditional 60/40 asset allocation portfolio of growth etfs and I am glad it did not use all my capital to purchase growth etfs. Image pulling out your monthly budget on any investment that is really down? Yikes. I am restructuring my portfolio to be about 35 % growth etfs that pay small distributions ( with future growth) and 65% higher dividend quality etfs that pay a good amount. I wish you and your dad would address some of your investment advice and strategy to ' what if I am ready to retire this year' sort of idea. I think it's completely different or perhaps I am missing something. Thanks for all your great content ! Keep them coming.
📈📚🇨🇦 Join The Investing Academy Today - bit.ly/theinvestingacademy Thanks to subscriber John for catching a mistake in the video - HDIF MER is more along the lines of 1.13% 🙏🏻
I’m in my 50’s and building my TFSA and have EIT and HDiF and another great ETF is HYLD if you like the diversity of HDIF which holds 5 funds then you will love HYLD holding 7 fund’s paying over 10% yield
Thanks Brandon but I think you need to give the full picture : Yields + fund performance . Many funds give high yield and the fund is losing 30 or 40 % .
Love these funds. I also think it'd be a great idea for you to dive into giving info and thesis in a video on something like HDIV which ties into that all-in-one ETF concept in Canada. I like to mix in these income focused funds with something with a little bit more growth such as VDY.
been following you since i started last year brandon until i came across adriano's channel and transitioned from growth investing to dividend income investing. he mentioned you in one of his videos and sounds like you guys gonna do a collab at one point. anyways as always you guys are very informative and detailed and pumps great content. keep doing what you guys do best and keep changing people's lives! god bless!
Hdif is an amazing fund. I also invest in Zwc, Hyld, Hdiv. These funds help me to build an income stream to buy more expensive stocks and creating a passive income.
Hi Brandon, another excellent video. I own all three of the funds and have been following Adrian for the last year. As a retiree I am looking for income and these three funds as well as HYDL and HDIV are all part of my portfolio.
@@ridgebikes Adrian's videos are very informative and a lot of people benefit from this. He has several income streams ie. one on one consultations, digital spreadsheet, youtube channel, sponsorships, etc. He cannot sit on the beach all day so he keeps busy. A great way of making money, doing something he loves. Thanks Adrian.
@@ridgebikes I follow Adrain’s spreadsheet and invest in many of the same, currently pulling $2300/mth. In next 5 years I expect to double this and I’m sure I will be able to retire off $4600/mth . Even without counting CPP to this. So it’s not far fetched.
I am happy with ZWC in my RRSP. Put enough aside to qualify for a DRIP. Now forgetting about it for the next 30 years and focusing on building on ESGV and VGSX.
HI Brandon, I have joined the investment academy and am halfway through the first course. You have done an amazing job on this training! I took the annual deal option and I’m happy I did. Now since I joined 5 new courses added! I am making myself watch the entire 1st course before I begin my investment process. Thanks so much.
Thank so much for this video it was very informative. I have one question about the 2 funds that I was looking at DFN and FFN In my opinion they are good funds but I think they are highly volatile. What do you think about this 2 funds, please do let us know.
Been assessing academy but unsure if suitable. Seems to be targeted at younger invested with long horizon. We are just retired at 60 and want to improve knowledge and invest better but we need income as well as long term growth and understanding of tax implications as drawing down rrsp and shift to non registered and Tfsa?
Its cause WS does an avg over 12 months for the yield they post since HDIF has only been around for like 2 months the WS avg yield will be off big time.. Always go to the funds website for the most accurate yield/info
I have HDIF, like and “watch” the other two. Every time I look at Canoe I think it’s too expensive… then it goes up some more!!! I like some covered calls, but don’t want too much. I can see the sense and the danger. I like using the disbursements to buy other stocks. Y
I own the 3 as well, so far I can see that HDIF is growing less than SPY and falling more than SPY, however HDIV and HYLD seem to be doing better than SPY. That made me reconsider HDIF, what are your thoughts on that?
Thx nice video. The first 2 funds seem to be of higher quality than the last one ..... to me, a high % of ROC distribution is an issue not so much for tax reasons (which it is) but more importantly, it's a sign that the distributions are really not sustainable, that's the bigger concern
Re EIT, I think you missed discussing the "good" part of ROC, i.e. it is an allocation of income for tax purposes. Some forms of income when distributed must be ROC and not capital gains, etc. Therefore, ROC distributions are not necessarily a sign of the fund "returning your own money" (which is a common myth that investors will claim).
Hi Dan. Not sure of your sources, but no matter how you slice it, ROC is a return of your own money. Call it 'capital', or whatever, but it's not coming from anything the investment itself is producing. Yes, the tax treatment is different, but that falls back to the fact that you're getting back what you put in, hence you don't get taxed on it again. - Marc
Somehow my original reply disappeared. Marc, I disagree. Sometimes, certain types of income in an etf (such as loss carryforwards) must be classified as ROC. But I do agree that a fund that grinds down NAV by issuing distributions like ROC is not a good thing.
@@beaviswealth Marc, your reply is solid, as usual. Glad you picked up on this comment from Dan. Recently you did an informative video on income tax treatment of investments in RRSP's, TFSA's and non registered accounts. I was wondering if you would consider expanding your topic to consider talking about this issue, or myth, of "good ROC" vs "Bad ROC." The good and bad words are being used on one YT channel and yet not explained well, or to your professional standards. As a passive investor, with a mix of individual stocks, ETF's and split corps, the taxation of these investment vehicles is a priority to understand. I hold most in a non registered account because the rrsp and tfsa is maxed out with little cash on hand to buy significant amounts of shares. Using a non registered account for most of my investing means I hone in diligently when you prepare a presentation on taxation treatment of investments. I wonder if showing how taxation treatment is between say HDIF vs HDIV would interest you, Marc? Yes, the taxation treatment is listed on a spread sheet on each of these sites, Harvest and Hamilton, but your magic insight and expertise to explain their ROC, and clarify this "good vs bad" ROC myth feels important to clarify. Whoosh! A bit of a long comment but I so enjoy making suggestions for your consideration....maybe like you did last time, taking a vote by looking at the "like"' button about this topic might be considered again? I feel I am not in a "niche" and that there are others who would appreciate your clarification and expertise with your talented way of presenting💯 Cheers from Atlantic East Canada.
Thank you but whatever I do and methodically follow and apply what I read , like buying this or this ETF … well I keep loosing my savings … which makes me mad because if I invest and save for later I do not mean to loose money… I have some XBAL,XUS TEC XUS and more and all are down … what I am doing wrong . Should I just put all In GIC and stop loosing my retirement Thank you
I am currently holding CM and BNS. Would replacing these holdings with ZWB still allow me to access the growth of these banks in addition to the juicy dividend?
From what I understand you’ll get some but not all of the growth but you’ll get more income than you would have if you just held the stock. The most important decision you need to make when deciding on these types of funds is what your investment objective is? If it’s immediacy of income then these are for you. If it’s growth then no you’re not maximizing growth with these funds.
Hey Brandon, do yeilds on ETFs work similar to on a stock? Like do do distributions remain the same as the ETF price fluctuates or is the distribution dependent on the ETF price? I could never find a straight answer for this
Bread and butter of my portfolio with CC ETF's. HDIF is not the first of its kind. HDIV and HYLD have been around longer. IMO better performing funds so far.
Hey Brandon thanks for the great video as I love your insights and knowledge and also a fan of Adrian’s investment style but I still add some growth to my investments. I also love TD ENB MFC TSLA. One stock I wanna add but can’t seem to pull the trigger is SQ. Can you do a review on SQ as I wanna know if you would add it? Thanks
I agree! I like the mix of dividend growth + growth too. Not sure I’m entirely sold on the SQ pivot but I’d have to do more research before covering it on the channel! I’ll see what I Can do
In the past two years, due to the epidemic, the global economy has been affected. I see that your stock market has recovered recently. Has your stock risen?
Your dad did a good video on these high yield funds. I think of these funds as giant pyramid schemes whereby some of these funds needs to continually raise more capital to keep up the ROC.
out of the three, only EIT uses some leverage and resembles a split fund but it is much less leveraged than the typical split. It has been around for many years and if you are waiting for these funds to implode you will be waiting forever. Do a bit more research on cover calls before throwing these criticisms against funds like HDIF and ZWB which does no leverage and does not do ROC in most cases.
Remember that ROC is not necessarily a bad thing. Some forms of income earned in the ETF are by definition called ROC when distributed, as ROC is a tax allocation.
So for the harvest ETF paying out 8.5 points ... Lets say I have an LOC that charges me 6.5 % and harvest is paying 8.5% ... wouldn't it make sense to take like $10K out of my LOC and put it into HDIF and collect the 2% monthly compounded rate ??? Or is my simpleton math missing something here ? $10K would buy 1111 shares (ish given the $9 price ) which is Way over the DRIP amount needed What am i missing here???
The math sounds ok, however a couple of things jump out at me. In your scenario you're not addressing the inherent risk that leverage brings to the equation. If the value of the fund drops, you still owe the money. If you need, for any reason, to raise funds or sell the investment, the debt doesn't go away. Leverage substantially increases risk. The second thing that you need to also need to be prepared in the event a distribution (or a few distributions) aren't paid, for whatever reason. If you don't have sufficient cash flow from other sources to service the debt, that will lead to a problem. Disclosure: I haven't read the prospectus for HDIF, but I'm assuming the distributions are an objective of the fund, but that they're not guaranteed. I'm open to being corrected on that if anyone knows the answer.) To conclude, leveraging to buy an already leveraged product introduces a much higher level of risk that you need to consider. - Marc
@@beaviswealth Much appreciated on the response and the input on the play. Keep producing the videos. Great content from both you guys. (To have an investment business with my dad as my partner would be So Dope)
I'm a huge proponent of passive income investing which represents a significant portion of my overall portfolio. I particularly like the covered calls income ETFs as they generate higher yields at lower risks due to covered calls. The ones you mentioned are great plus others such as Canoe EIT Income, Diversified Financial from Quadravest, and a new slate of funds from Hamilton (HYLD, HDIV) which are similar to the HDIF which is a basket of other covered call ETS into one single fund.
I looked at HDIF, HYLD and HDIV as well. HDIF is my pick as it has no extra management fee as do HYLD and HDIV. And with HYLD and HDIV you will see a larger ROC thus depressing the NAV. HDIF is my choice.
Small criticism, you should do some more insight to at least provide the proper distribution yield. For HDIF, the 8.5% says target yield, that is not the actual yield. Does not change much in terms of the content, but you would expect those details to be accurate nonetheless. Makes you take everything else with a little grain of salt you know. Cheers.
@@yesloww It is still a new fund. Wealthsimple calculates the rate based on their historic payouts, since the fund has only paid once they are only calculating the yield based on that 1 month or (1/12 of the actual yield). It is a flaw in their application.
Yes, but they are not a true dividend stock, limited capital appreciation. The etf reduces your adjusted cost base and portion return of your capital back. Ok, in a down market or trading sideways. Pure play US bank is ok now as Powel just increase bank rate.
I was advised not to invest in US stocks in Wealthsimple because of...some reason I can't remember (foreign exchange fees or something??) - is this true of US ETFs as well?
Brandon I check HDIF in Wealthsimple but it give only 0,77% yields … is there something wrong or not every investment broker has the same yield value ? I’m a newbie so I need to learn more . Thank you for your videos 🙏
I own eit, huge diversification, good yield. ZWB is a waste of time as far as i can see. I hold ry and td, compare any timeline, individual stocks kill zwb in capital appreciation with slightly less dividends.
It does not look good telling viewers to seek more info on someone else channel on a subject you are talking about. Adrian werent Warren Buffet Please stick to your own investment thesis. People will search /find Adrian's if they want to invest solely for"" income"" and not care about capital appreciation.
Hi brandon,great video,I actually own HDIF and Canoe EIT,I started small,buying a few shares with the dividends received from my common stocks. Then I went big last week and bought a huge chunk in each. I was entirely focused on divdend growth before, then discovered the income funds through adriano.s videos. I'm trying now to do a mix between income investing and dividend growth with the goal to focus more on income as I get closer to retirement,
I love them. A another etf for this list is hyld or hyld.u My goal is to get a combined 1500 total every month in passive income with these 3 funds on this video
Im confused...you suggest that the Mer is the average of all the funds individuall MERs...other information suggests its the sum of all of individual MERs contained in the fund.I thin your right but could you confirm that.
Stumbled across your channel. Love the content. I am 60. Retired 3 months ago. My RRSPs are full and I have other sources of income from the sale of my business. These EFT suggestions fit what I am doing inside my TFSA and the holdings are not critical to my lifestyle. Meaning I can tolerate some risk without ending up with sleepless nights. Thanks for the great suggestions.
FOLKS: I dont own EIT, never have, never will - however I did own a fund like this from Middlefield in about 2002. The dividend was good (bout 8%) but the NAV kept declining, and eventually the company cut the dividend. The ROC components of the dividend was quite high. Does this sound familiar? EIT today is earning about 2.5% on the investment portfolio (2.6 B$) or about $68 M$. Not too bad at all. They collected another $230 M$ from the sale of shares (2023) Then they proceeded to pay out about $201M$ in dividends. So the dividends were composed of stock earnings (2.5%), sale of new shares and some capital gains. The question is - how long will people continue to purchase shares in a company that is not earning the dividend. Where are these investors coming from - there are a lot of them. How does this game end?
Hdif mer is actually approx 2.3%
today
Hi Brandon, thanks for this video, I currently own all three of them plus a few more higher income funds HDIV & HYLD as well. I was going to retire at the beginning of this year using the traditional 60/40 asset allocation portfolio of growth etfs and I am glad it did not use all my capital to purchase growth etfs. Image pulling out your monthly budget on any investment that is really down? Yikes. I am restructuring my portfolio to be about 35 % growth etfs that pay small distributions ( with future growth) and 65% higher dividend quality etfs that pay a good amount. I wish you and your dad would address some of your investment advice and strategy to ' what if I am ready to retire this year' sort of idea. I think it's completely different or perhaps I am missing something. Thanks for all your great content ! Keep them coming.
These are my income portfolio (HYLD, HDIV, TXF, QQQX, JEPI and SCHD). That’s all I need.
📈📚🇨🇦 Join The Investing Academy Today - bit.ly/theinvestingacademy
Thanks to subscriber John for catching a mistake in the video - HDIF MER is more along the lines of 1.13% 🙏🏻
Thoughts on DFN? Canadian paying out 14% annual paid monthly.
Thanks for the video. What do you think of DGS? Cheers.
I’m in my 50’s and building my TFSA and have EIT and HDiF and another great ETF is HYLD if you like the diversity of HDIF which holds 5 funds then you will love HYLD holding 7 fund’s paying over 10% yield
Try also QYLD. It's an USD monthly dividend ETF with 13% yield. 💪
And xyld
No Way! I've been watching Adrian and You pretty often! What a surprise you mentioned him LOL
Canoe is still my favourite high return fund.
I picked up ZWB and EIT during the covid crash and they are machines
Thanks Brandon but I think you need to give the full picture : Yields + fund performance . Many funds give high yield and the fund is losing 30 or 40 % .
I’m pretty sure I mentioned this is the very beginner on the video!
Love these funds. I also think it'd be a great idea for you to dive into giving info and thesis in a video on something like HDIV which ties into that all-in-one ETF concept in Canada. I like to mix in these income focused funds with something with a little bit more growth such as VDY.
been following you since i started last year brandon until i came across adriano's channel and transitioned from growth investing to dividend income investing. he mentioned you in one of his videos and sounds like you guys gonna do a collab at one point. anyways as always you guys are very informative and detailed and pumps great content. keep doing what you guys do best and keep changing people's lives! god bless!
Hdif is an amazing fund. I also invest in Zwc, Hyld, Hdiv. These funds help me to build an income stream to buy more expensive stocks and creating a passive income.
I just checked the yield is 0.77%
@@carlosga me too
@@carlosga 0,77% by month, compound with 12 month your around 8% annually
Awesome funds you have here! I used to have ZWC and HDIV, now just have HDIV and VDY to not miss out entirely on the growth side.
Have you thought of investing in FFN ( North America Financial 15 Split Corp) 21.25% yield...
I like these funds and all of Adrian's approved incone funds.
Hi Brandon, another excellent video. I own all three of the funds and have been following Adrian for the last year. As a retiree I am looking for income and these three funds as well as HYDL and HDIV are all part of my portfolio.
Adrian is doing well enough to move to Panama and living off his passive income....... way to go Adrian.
He works a lot on his Channell etc. Great career but his claim of living off his passive income is misleading.
@@ridgebikes Adrian's videos are very informative and a lot of people benefit from this. He has several income streams ie. one on one consultations, digital spreadsheet, youtube channel, sponsorships, etc. He cannot sit on the beach all day so he keeps busy. A great way of making money, doing something he loves. Thanks Adrian.
@@ridgebikes I follow Adrain’s spreadsheet and invest in many of the same, currently pulling $2300/mth. In next 5 years I expect to double this and I’m sure I will be able to retire off $4600/mth . Even without counting CPP to this. So it’s not far fetched.
Just started position on Xdiv for low mer and exposure to Canadian banks
great video brandon!! thanks for the suggestions! im not going to invest in them, but i do appreciate the knowledge
Does anyone hold HDIF on Wealthsimple?
Yep
Hi Brandon,
... getting inspiration from Adrian ! Awesome...
I am happy with ZWC in my RRSP. Put enough aside to qualify for a DRIP. Now forgetting about it for the next 30 years and focusing on building on ESGV and VGSX.
Not recommended for growth or capital appreciation. These funds are intended for retirement only when one is in their drawdown phase.
Amazing video bud!! Thank you so much!
Thank you for another great video Brandon and for the shout out to Adrian!
hi Brandon, how about DFN ? i bought it 3 months ago , it looks good return . Div Yield is 14.56%.
HI Brandon,
I have joined the investment academy and am halfway through the first course. You have done an amazing job on this training! I took the annual deal option and I’m happy I did. Now since I joined 5 new courses added! I am making myself watch the entire 1st course before I begin my investment process. Thanks so much.
Amazing Susan. Welcome to the community and thanks for dropping by with your feedback ❤️
Thank so much for this video it was very informative. I have one question about the 2 funds that I was looking at DFN and FFN In my opinion they are good funds but I think they are highly volatile. What do you think about this 2 funds, please do let us know.
Thes high Yielding Etfs despite monthly distributions always seems to underperform by negative capital gains.
I love these high yield ETFs....thanks for posting this
Watched and liked, thanks Brandon! Have been following Adriano for quite a while and incorporate his strategy into many of my investments.
Great video. I have a team in the military here in Canada that I would love to have you discuss this topic and other retirement ideas
Been assessing academy but unsure if suitable. Seems to be targeted at younger invested with long horizon. We are just retired at 60 and want to improve knowledge and invest better but we need income as well as long term growth and understanding of tax implications as drawing down rrsp and shift to non registered and Tfsa?
Yes more info on this stuff for retired folk just learning these things. Help please!
On Wealthsimple HDIF says 0.77% yield.
And why did you mention ZWB with 6.29% yield, whereas ZWG (also BMO) offers 7.09%?
Its cause WS does an avg over 12 months for the yield they post since HDIF has only been around for like 2 months the WS avg yield will be off big time.. Always go to the funds website for the most accurate yield/info
Awesome stuff, thanks for sharing man!
Thanks very much for your commitment 👍
I have HDIF, like and “watch” the other two. Every time I look at Canoe I think it’s too expensive… then it goes up some more!!!
I like some covered calls, but don’t want too much. I can see the sense and the danger. I like using the disbursements to buy other stocks. Y
I own HYLD HDIV HDIF. Gonna retire on these. Love the high yield👍
I own the 3 as well, so far I can see that HDIF is growing less than SPY and falling more than SPY, however HDIV and HYLD seem to be doing better than SPY. That made me reconsider HDIF, what are your thoughts on that?
@@GiladThe1st I prefer hdiv and hyld also. But I do add to hdif when it dips and looks cheaper than the other two.
hyld
@@Mitch-ui8psall the guys I work with are retiring with 6k or more a month from our work pension, look into your local trade unions
I think this is a great plan...is that all you own? I am considering selling off every growth ETF I have & buy just those 3...
My initial thought would be... Covered call funds would do best in a market with high volatile but sideways market... Yes?
Thx nice video. The first 2 funds seem to be of higher quality than the last one ..... to me, a high % of ROC distribution is an issue not so much for tax reasons (which it is) but more importantly, it's a sign that the distributions are really not sustainable, that's the bigger concern
Im new in investing. Are these efts good to be under tfsa?
Hey would be nice if you could talk about mercadolibre Inc. right now since it’s down 30% since you last talked about it.
Re EIT, I think you missed discussing the "good" part of ROC, i.e. it is an allocation of income for tax purposes. Some forms of income when distributed must be ROC and not capital gains, etc. Therefore, ROC distributions are not necessarily a sign of the fund "returning your own money" (which is a common myth that investors will claim).
Hi Dan. Not sure of your sources, but no matter how you slice it, ROC is a return of your own money. Call it 'capital', or whatever, but it's not coming from anything the investment itself is producing. Yes, the tax treatment is different, but that falls back to the fact that you're getting back what you put in, hence you don't get taxed on it again. - Marc
Somehow my original reply disappeared. Marc, I disagree. Sometimes, certain types of income in an etf (such as loss carryforwards) must be classified as ROC. But I do agree that a fund that grinds down NAV by issuing distributions like ROC is not a good thing.
@@beaviswealth Marc, your reply is solid, as usual. Glad you picked up on this comment from Dan. Recently you did an informative video on income tax treatment of investments in RRSP's, TFSA's and non registered accounts. I was wondering if you would consider expanding your topic to consider talking about this issue, or myth, of "good ROC" vs "Bad ROC." The good and bad words are being used on one YT channel and yet not explained well, or to your professional standards. As a passive investor, with a mix of individual stocks, ETF's and split corps, the taxation of these investment vehicles is a priority to understand. I hold most in a non registered account because the rrsp and tfsa is maxed out with little cash on hand to buy significant amounts of shares. Using a non registered account for most of my investing means I hone in diligently when you prepare a presentation on taxation treatment of investments. I wonder if showing how taxation treatment is between say HDIF vs HDIV would interest you, Marc? Yes, the taxation treatment is listed on a spread sheet on each of these sites, Harvest and Hamilton, but your magic insight and expertise to explain their ROC, and clarify this "good vs bad" ROC myth feels important to clarify. Whoosh! A bit of a long comment but I so enjoy making suggestions for your consideration....maybe like you did last time, taking a vote by looking at the "like"' button about this topic might be considered again? I feel I am not in a "niche" and that there are others who would appreciate your clarification and expertise with your talented way of presenting💯 Cheers from Atlantic East Canada.
Thank you but whatever I do and methodically follow and apply what I read , like buying this or this ETF … well I keep loosing my savings … which makes me mad because if I invest and save for later I do not mean to loose money…
I have some XBAL,XUS TEC XUS and more and all are down … what I am doing wrong . Should I just put all In GIC and stop loosing my retirement
Thank you
Hey, Brandon… Wealthsimple indicated HDIF as 1.5% div yield🧐
As usual. Thank you!❤️
I am currently holding CM and BNS. Would replacing these holdings with ZWB still allow me to access the growth of these banks in addition to the juicy dividend?
From what I understand you’ll get some but not all of the growth but you’ll get more income than you would have if you just held the stock. The most important decision you need to make when deciding on these types of funds is what your investment objective is? If it’s immediacy of income then these are for you. If it’s growth then no you’re not maximizing growth with these funds.
Hi Brandon, can you offer your thoughts on FFN?
What’s with the word “fascinating” it was used more than 10 times 😅
Brandon I love your videos.
Would the BMO and the Horizon funds be good in a non-registered account? I have no more room in my tfsa or rrsp.
great content, thoughts on VOO for RRSP?
Thoughts on DFN? Canadian stock paying out 14% annual, paid out monthly.
Check out Adrian at Passive Income Investing. He has tons of videos on it
Nice idea!
Can you buy these through your bank account?
Is Harvest Portfolios Group regulated by IIROC?
Hey Brandon, do yeilds on ETFs work similar to on a stock? Like do do distributions remain the same as the ETF price fluctuates or is the distribution dependent on the ETF price? I could never find a straight answer for this
not dependent on the price, but again, distributions aren't exactly the same as dividends. They can change on other factors
Is this ok for US residents?
Bread and butter of my portfolio with CC ETF's. HDIF is not the first of its kind. HDIV and HYLD have been around longer. IMO better performing funds so far.
loved this vid
ZWB is not a good investment when interest rates are going up. Financial institutions are prone to higher interest rate
Hey Brandon thanks for the great video as I love your insights and knowledge and also a fan of Adrian’s investment style but I still add some growth to my investments. I also love TD ENB MFC TSLA. One stock I wanna add but can’t seem to pull the trigger is SQ. Can you do a review on SQ as I wanna know if you would add it? Thanks
I agree! I like the mix of dividend growth + growth too. Not sure I’m entirely sold on the SQ pivot but I’d have to do more research before covering it on the channel! I’ll see what I Can do
@@beaviswealth yes SQ vs PayPal LoL. Thanks
How about DFN?
i own them plus many other etfs
You did not mention the Nav ? Doesnt NAV need to be 15 and over for yields ?
@@funkspinna ahh correct !
Hi brandon- do you think ZWC and ZWB are comparbale cold call ETFs?
In the past two years, due to the epidemic, the global economy has been affected. I see that your stock market has recovered recently. Has your stock risen?
Purchased 2 shares of each for my TFSA, Thanks for the continual great stock picks Brandon
I own HDIF, HYLD and HDIV and so far I see better performance from HDIV and HYLD, what are your thoughts?
Adrian from Passive Income Investing talks about it
@@0001www Do you have a video reference? I would like to watch that for sure
@@GiladThe1st just search up passive income investing in UA-cam and look from there
Your dad did a good video on these high yield funds. I think of these funds as giant pyramid schemes whereby some of these funds needs to continually raise more capital to keep up the ROC.
out of the three, only EIT uses some leverage and resembles a split fund but it is much less leveraged than the typical split. It has been around for many years and if you are waiting for these funds to implode you will be waiting forever. Do a bit more research on cover calls before throwing these criticisms against funds like HDIF and ZWB which does no leverage and does not do ROC in most cases.
@@khuo0219 ZWB had significant ROC in 2021.
Remember that ROC is not necessarily a bad thing. Some forms of income earned in the ETF are by definition called ROC when distributed, as ROC is a tax allocation.
Do u think HDIF is safe?
zpay is good
I own 2 of them
thanks to Adrian
So for the harvest ETF paying out 8.5 points ... Lets say I have an LOC that charges me 6.5 % and harvest is paying 8.5% ... wouldn't it make sense to take like $10K out of my LOC and put it into HDIF and collect the 2% monthly compounded rate ???
Or is my simpleton math missing something here ?
$10K would buy 1111 shares (ish given the $9 price ) which is Way over the DRIP amount needed
What am i missing here???
The math sounds ok, however a couple of things jump out at me. In your scenario you're not addressing the inherent risk that leverage brings to the equation. If the value of the fund drops, you still owe the money. If you need, for any reason, to raise funds or sell the investment, the debt doesn't go away. Leverage substantially increases risk. The second thing that you need to also need to be prepared in the event a distribution (or a few distributions) aren't paid, for whatever reason. If you don't have sufficient cash flow from other sources to service the debt, that will lead to a problem. Disclosure: I haven't read the prospectus for HDIF, but I'm assuming the distributions are an objective of the fund, but that they're not guaranteed. I'm open to being corrected on that if anyone knows the answer.) To conclude, leveraging to buy an already leveraged product introduces a much higher level of risk that you need to consider. - Marc
@@beaviswealth
Much appreciated on the response and the input on the play.
Keep producing the videos. Great content from both you guys.
(To have an investment business with my dad as my partner would be So Dope)
Thanks, Dorian.
so HDIF vs HDIV, cant decide...
I'm a huge proponent of passive income investing which represents a significant portion of my overall portfolio. I particularly like the covered calls income ETFs as they generate higher yields at lower risks due to covered calls. The ones you mentioned are great plus others such as Canoe EIT Income, Diversified Financial from Quadravest, and a new slate of funds from Hamilton (HYLD, HDIV) which are similar to the HDIF which is a basket of other covered call ETS into one single fund.
I looked at HDIF, HYLD and HDIV as well. HDIF is my pick as it has no extra management fee as do HYLD and HDIV. And with HYLD and HDIV you will see a larger ROC thus depressing the NAV. HDIF is my choice.
HDIF is great !
Small criticism, you should do some more insight to at least provide the proper distribution yield. For HDIF, the 8.5% says target yield, that is not the actual yield. Does not change much in terms of the content, but you would expect those details to be accurate nonetheless. Makes you take everything else with a little grain of salt you know. Cheers.
HDIF’s yield is 0.77% on wealthsimple, why?
@@yesloww always use the fund's website for your information.
@@acdatz6222 He is looking on their website, but picked the wrong info. That's what I am saying.
@@yesloww Harvest Income ETFs
@@yesloww It is still a new fund. Wealthsimple calculates the rate based on their historic payouts, since the fund has only paid once they are only calculating the yield based on that 1 month or (1/12 of the actual yield). It is a flaw in their application.
Yes, but they are not a true dividend stock, limited capital appreciation. The etf reduces your adjusted cost base and portion return of your capital back. Ok, in a down market or trading sideways. Pure play US bank is ok now as Powel just increase bank rate.
You don't need capital appreciation when you're collecting such a high yield
Well it depends on what you’re looking for as an investor
Where to invest ETF’s?
Bank
I was advised not to invest in US stocks in Wealthsimple because of...some reason I can't remember (foreign exchange fees or something??) - is this true of US ETFs as well?
Brandon I check HDIF in Wealthsimple but it give only 0,77% yields … is there something wrong or not every investment broker has the same yield value ? I’m a newbie so I need to learn more . Thank you for your videos 🙏
This is the yield of the monthly dividend, when you multiply thé 0,07$ dividend by 12 month it give around 0,84$ annualy, the 8,5% yield is annualy
@@Bigfoot21010 ohhhh I got it thank you so much 🙏🙏🙏
13:47 PE 0.0057 😮
Are these eligible dividends?
@@funkspinna Thank you. I guess I missed that part in the video.
Anchor protocol défi 18% blows this out of the water.
HDIF pays out 8.5% dividend a month? If a person had 10k invested they would receive $800-850/ dividend payment a month is that correct?
they would get $70.83 a month, the 8.5% is for the annual return.
Any time you see a % quoted for a fund it is a yearly return.
I own eit, huge diversification, good yield. ZWB is a waste of time as far as i can see. I hold ry and td, compare any timeline, individual stocks kill zwb in capital appreciation with slightly less dividends.
I agree on ZWB. I bought it and kept it for few weeks but sold it back because useless and not best of the market
🤫 Canoe
Today HDIF yield is 0.78% trading $8.92.
It does not look good telling viewers to seek more info on someone else channel on a subject you are talking about. Adrian werent Warren Buffet Please stick to your own investment thesis. People will search /find Adrian's if they want to invest solely for"" income"" and not care about capital appreciation.
Hi brandon,great video,I actually own HDIF and Canoe EIT,I started small,buying a few shares with the dividends received from my common stocks. Then I went big last week and bought a huge chunk in each. I was entirely focused on divdend growth before, then discovered the income funds through adriano.s videos. I'm trying now to do a mix between income investing and dividend growth with the goal to focus more on income as I get closer to retirement,
I love them. A another etf for this list is hyld or hyld.u
My goal is to get a combined 1500 total every month in passive income with these 3 funds on this video
Im confused...you suggest that the Mer is the average of all the funds individuall MERs...other information suggests its the sum of all of individual MERs contained in the fund.I thin your right but could you confirm that.
Stumbled across your channel. Love the content. I am 60. Retired 3 months ago. My RRSPs are full and I have other sources of income from the sale of my business. These EFT suggestions fit what I am doing inside my TFSA and the holdings are not critical to my lifestyle. Meaning I can tolerate some risk without ending up with sleepless nights. Thanks for the great suggestions.
HMAX for the win!
you are an absolute gem! please never stop teaching. Canada needs more people like you!
FOLKS:
I dont own EIT, never have, never will - however I did own a fund like this from Middlefield in about 2002. The dividend was good (bout 8%) but the NAV kept declining, and eventually the company cut the dividend. The ROC components of the dividend was quite high. Does this sound familiar?
EIT today is earning about 2.5% on the investment portfolio (2.6 B$) or about $68 M$. Not too bad at all. They collected another $230 M$ from the sale of shares (2023) Then they proceeded to pay out about $201M$ in dividends. So the dividends were composed of stock earnings (2.5%), sale of new shares and some capital gains.
The question is - how long will people continue to purchase shares in a company that is not earning the dividend. Where are these investors coming from - there are a lot of them.
How does this game end?
Besides holding EIT.UN in a TFSA, how about in a RIFF?
Canadian etf and mutual funds suck
Why not just buy embridge on a 7% dividend. Truly asking, what’s the benefits of these ETFs😊
So would HDIF be considered Canadian in a TFSA when most of the holdings are US companies?
Hi, I am a rookie investor, are these funds good for fhsa?
I’m new to investing-is ETF same as Index Funds?
ah... I already have these. I'll follow you anyway.