HBIG.TO Review: Harvest Balanced Income & Growth ETF - Canada
Harvest Balanced Income & Growth ETF - Canada (HBIG.TO) is a diversified fund listed on the TSX. Below is our independent review using the Dependable Income Investing 13-factor scoring system, covering Fund Attributes, Risk, and Return — designed specifically for income-focused investors.
Fund Attributes 20% of overall score
Fund Attributes cover the foundational characteristics of HBIG.TO: cost, company backing, track record, and size. These factors reflect the fund's stability and cost-efficiency.
Expense Ratio (25%)
MER is 0.99% per the ETF Facts. Total ETF expenses including TER are 1.23%.
Fund Company Size (5%)
Harvest Portfolios Group manages over 12 billion in assets for Canadian investors.
Fund History (40%)
Fund inception date was April 15 2024 - about 2.1 years which rounds up to 3 years.
Fund AUM (30%)
Net assets are about 10.8 million which is a small fund.
Risk 35% of overall score
Risk factors evaluate how HBIG.TO manages volatility, diversification, and the nature of its underlying assets. These are critical for income investors who prioritise capital preservation.
Volatility
Lower volatility may indicate more stability — important for investors living off their income.
Beta is 0.31 vs SPY over the price series since April 2024 - very low market sensitivity so standalone volatility drives the rating. Standalone volatility is about 6.78% annualized (weekly returns) which is very low for the balanced bond and equity mix.
Sector Diversification
Holding across more sectors reduces the impact of any single industry downturn.
Geographic Diversification
Exposure across geographies can reduce risk from any single country's economic conditions.
Fund Risk
The fund's overall risk profile, based on self-reported classifications where available.
Underlying Assets
What the fund actually holds — stocks, bonds, synthetics, or other funds — affects risk profile significantly.
See our full Risk analysis for HBIG.TO — including analyst notes on volatility, diversification, and underlying assets.
View Plans →Return 45% of overall score
Return factors assess the income generation quality of HBIG.TO: current yield, distribution consistency, price history, and payment frequency. This is the most heavily weighted category for income investors.
Yield
The current dividend yield, reflecting the annual income generated relative to fund price.
Yield Stability
How consistent the distribution amounts have been over time — critical for income investors who budget around payments.
Capital History
The fund's track record of price appreciation or depreciation, reflecting total return alongside income.
Distribution Frequency
How often the fund pays distributions — monthly payments are generally preferred by income investors.
Pays monthly - confirmed from distribution history.
See our full Return analysis for HBIG.TO — yield rating, distribution consistency score, and capital history.
View Plans →Our Review Methodology
Every fund reviewed on Dependable Income Investing is scored using our 13-factor Fund Report Card, organised into three weighted categories: Fund Attributes (20%), Risk (35%), and Return (45%). Each criterion is rated 1–5 by our analysts based on publicly available fund data.
We also calculate a Dependability Score — a weighted composite of six income-specific factors ranked by importance for retirement income investors: Yield Stability, Yield, Volatility, Capital History, Fund Risk, and Underlying Assets. This score is designed to answer the question income investors care about most: can I depend on this fund to pay me reliably?
Full scores, ratings, and analyst notes are available in the Dependable Income Investing app.
See our full scoring methodology →
Frequently Asked Questions About HBIG.TO
What is HBIG.TO's expense ratio?
MER is 0.99% per the ETF Facts. Total ETF expenses including TER are 1.23%.
How long has HBIG.TO been trading?
Fund inception date was April 15 2024 - about 2.1 years which rounds up to 3 years.
How large is HBIG.TO by assets under management?
Net assets are about 10.8 million which is a small fund.
Who manages HBIG.TO?
Harvest Portfolios Group manages over 12 billion in assets for Canadian investors.
Where can I see the full HBIG.TO review?
The complete 13-factor review — including all Risk and Return scores, analyst notes, and your Dependability Score — is available in the Dependable Income Investing app.
Does HBIG.TO pay monthly dividends?
Pays monthly - confirmed from distribution history. Full distribution history and yield stability score are available in the Dependable Income Investing app.
Is HBIG.TO a high-volatility fund?
Beta is 0.31 vs SPY over the price series since April 2024 - very low market sensitivity so standalone volatility drives the rating. Standalone volatility is about 6.78% annualized (weekly returns) which is very low for the balanced bond and equity mix. See the full volatility score and risk analysis in the Dependable Income Investing app.
How often does HBIG.TO pay distributions?
Pays monthly - confirmed from distribution history. Distribution consistency and yield stability ratings are available in the app.
See the Full HBIG.TO Review
The Dependable Income Investing app gives you the complete picture: all 13 scoring factors, analyst notes, Dependability Score, and tools to compare HBIG.TO against other income funds side by side.
View Plans →Also available: free fund comparison tools in the app.