OAKVILLE, ON, Jan. 6, 2020 /CNW/ – Harvest Portfolios Group Inc. (“Harvest”) announces the following changes to the risk ratings of certain Harvest exchange-traded funds (“ETFs”).
The risk rating for Harvest US Bank Leaders Income ETF (TSX: HUBL and HUBL.U) will decrease from “high” to “medium to high“.
The risk rating for Harvest Equal Weight Global Utilities Income ETF (TSX: HUTL) will decrease from “medium” to “low to medium“.
No changes have been made to the investment objectives or strategies of these ETFs. A summary of the risk rating classification methodology and the investment objectives and strategies of the ETFs can be found in each ETF’s most recently filed prospectus.