Amazon High Income Shares Mutual Fund

Amazon High Income Shares Mutual Fund is an exchange-traded fund (ETF) managed by Harvest Portfolios Group Inc., launched in 2024 and headquartered in Canada. It invests 100% of its assets in shares of Amazon.com, Inc., a global leader in e-commerce, cloud computing through AWS, digital streaming, and artificial intelligence, serving consumer and enterprise sectors with innovative technologies and logistics. The fund's primary purpose is to deliver long-term capital appreciation from Amazon's growth while generating high monthly cash distributions through an active covered call writing strategy applied to up to 50% of the portfolio. This options overlay helps produce income, with distributions available in cash or via reinvestment plans, and units offered in both CAD and USD. Designed as a Canadian trust unit, it emphasizes tax efficiency and eligibility for registered accounts like RRSP, TFSA, RRIF, RESP, and FHSA. The ETF plays a key role in income-focused strategies, providing targeted exposure to Amazon's performance enhanced by derivative income generation in the equity income segment of financial markets.