The Harvest Equal Weight Global Utilities Income ETF (TSE:HUTL) is a meticulously curated investment vehicle designed to offer investors exposure to a diversified portfolio of global utility companies. This ETF belongs to the sector-focused category, with a specific emphasis on the Utilities sector, targeting a broad-based niche that encompasses various utility industries such as electricity, water, and natural gas services across the globe.
HUTL stands out by employing an equal-weight strategy, ensuring that each holding contributes proportionately to the fund's overall performance. This approach not only mitigates concentration risk but also provides balanced exposure to both established utility giants and emerging players in the sector. The ETF is structured to generate consistent income, appealing to investors seeking stable dividend yields backed by the reliable cash flows typical of utility companies.
By investing in HUTL, investors gain access to a global portfolio that spans diverse markets and regulatory environments, offering a hedge against regional uncertainties. This broad geographic reach is complemented by the fund's focus on utilities, a sector renowned for its resilience and defensive characteristics, making it an attractive option for those looking to enhance their portfolio with stable income and growth potential in an ever-evolving global landscape.
Harvest Equal Weight Global Utilities Income ETF (HUTL) Fund Flow Chart
Harvest Equal Weight Global Utilities Income ETF (HUTL) 1 year Net Flows: C$66M
For ETFs, the calculations for the Smart Score, Analyst Consensus, Price Target, Blogger Sentiment, News Sentiment and Insider Transactions are based on the weighted average of the ETF's holdings and some additional factors. Hedge Fund Trend, Crowd Wisdom and Technicals are based on the actual ETF ticker.