OAKVILLE, Ontario (BUSINESS WIRE) | French – Harvest Portfolios Group Inc. (“Harvest”) announces that it will be terminating Harvest Brand Leaders Enhanced Income ETF (TSX:HBFE) and Harvest Canadian Equity Enhanced Income Leaders ETF (TSX:HLFE) (the “ETFs”) effective at the close of business on or about June 25, 2024 (the “Termination Date”). The last date on which a redemption may be placed with Harvest (Manager of the ETFs) is expected to be on or about June 24, 2024, and the Class A units of the ETFs are expected to be de-listed from the Toronto Stock Exchange, at the request of Harvest, at the close of business on or about June 25, 2024 (the “Delisting Date”), with all Class A units still held by investors being subject to a mandatory redemption as of the Termination Date.
Unitholders of the ETFs will be able to sell their units through the facilities of the stock exchange until the Delisting Date. Any remaining unitholders of the ETFs as at the Termination Date will receive the net proceeds from the liquidation of the assets of the ETFs, less all liabilities and all expenses incurred with the dissolution of the ETFs, on a pro-rata basis
For additional information: Please visit www.harvestetfs.com e-mail [email protected] or call toll free 1-866-998-8298.
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About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing over $4.1 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth by long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs.
Harvest ETF’s core offerings center around covered call strategies, available in three variations: equity, enhanced equity and fixed income. In our equity-income portfolios, we follow a three-step process: identifying promising growth industries; selecting well-positioned businesses within those sectors; and optimizing returns by generating income through covered calls. To enhance potential returns, we offer leveraged exposure to select Harvest ETFs through our enhanced lineup. Our Fixed Income ETFs focus on investing in US Treasury ETFs while employing a covered call option strategy. This approach allows us to deliver high monthly distributions to our investors. For those seeking ETFs without call options, we also provide our Equity Growth ETFs, which are specifically designed to capture opportunities in growth industries and major trends.
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Contacts
For Additional Information:
Website: https://harvestetfs.com
E-mail: [email protected]
Toll free: 1-866-998-8298
