Would you be able to give me your thoughts on three companies Cann group CAN, Medical Developments International (M V P ), and Beta Shares Australian Harvester HVST?

Hi Paul,

Would you be able to give me your thoughts on three companies Cann group CAN, Medical Developments International (M V P ), and Beta Shares Australian Harvester HVST?

A: Re BetaShares Australian Dividend Harvester (HVST) . Avoid. Overall performance has been woeful. Here is a link to an article I wrote today on Switzer Daily https://switzer.com.au/the-experts/paul-rickard/how-to-get-a-5-income-return-on-your-investments/ . My conclusion: While the income return has been attractive (a gross distribution yield of 8.5%), it has gone backwards in capital value. Over 5 years, the fund has returned (dividends plus capital loss) 1.01% pa, underperforming the benchmark index by a staggering 9.26% pa. Avoid.


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