OAKVILLE, Ontario (BUSINESS WIRE | French) – Harvest Portfolios Group Inc. (“Harvest”) is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Harvest Low Volatility Canadian Equity ETF (“HVOL”) and the Harvest Low Volatility Canadian Equity Income ETF (“HVOI”).
HVOL provides investors access to a diversified Canadian equity portfolio seeking long-term capital appreciation, with lower overall volatility, while HVOI provides investors access to the same strategy, enhanced with higher monthly cash distributions.
“In times of increasing geopolitical uncertainty and heightened levels of volatility, Harvest is pleased to offer two Low volatility ETFs for those seeking equity exposure while limiting volatility,” said Michael Kovacs, President and CEO of Harvest. “These Low Volatility ETFs provide a non covered option writing version (HVOL) and a covered option writing version (HVOI).”
Investment Objectives of the Harvest ETFs
HVOL will seek to provide Unitholders with (i) the opportunity for capital appreciation and (ii) lower overall volatility of portfolio returns than is otherwise experienced by broadly owning Equity Securities of Canadian mid and large capitalization issuers directly.
HVOI will seek to provide Unitholders with (i) monthly cash distributions; (ii) the opportunity for capital appreciation; (iii) lower overall volatility of portfolio returns than is otherwise experienced by broadly owning Equity Securities of Canadian mid and large capitalization issuers directly; and (iv) further decreased volatility by writing covered call and/or covered put options on the securities in the Harvest Low Volatility Canadian Equity Income ETF’s portfolio. The level of option writing may vary based on market volatility and other factors.
Harvest, a registered investment fund manager and portfolio manager, will act as promoter, trustee, manager and portfolio manager of HVOL and HVOI and will be responsible for the administration of HVOL and HVOI.
For additional information: Please visit www.harvestetfs.com, e-mail [email protected] or call toll free 1-866-998-8298.
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For media inquiries: Contact Caroline Grimont, Senior VP Marketing at [email protected]
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $5.8 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth through the long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs. Our core offerings center around covered call strategies, available in five variations: Equity, Enhanced, Fixed Income, Balanced and Single Stock ETFs
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A preliminary prospectus containing important information relating to the securities of HVOL and HVOI has been filed with the securities commissions or similar authorities in all provinces and territories of Canada. The preliminary prospectus is still subject to completion or amendment. A copy of the preliminary prospectus is available on SEDAR+ (www.sedarplus.ca). There will not be any sale or acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.
Commissions, management fees, and expenses all may be associated with ETFs. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.
Contacts
Website: https://harvestetfs.com
E-mail: [email protected]
Toll free: 1-866-998-8298
