Harvest Announces Changes to Risk Ratings of Certain ETFs and Mutual Funds

June 12, 2020

OAKVILLE, ON, June 12, 2020 /CNW/ – Harvest Portfolios Group Inc. (“Harvest”) announces the following changes to the risk ratings of certain Harvest exchange-traded funds (ETFs) and mutual funds.

The risk rating for Harvest Energy Leaders Plus Income ETF (TSX: HPF and HPF.U) has increased from “medium to high” to “high”.

The risk rating for Harvest Canadian Income & Growth Fund has increased from “low to medium” to “medium”.

No changes have been made to the investment objectives or strategies of these ETFs and mutual funds. A summary of the risk rating classification methodology and the investment objectives and strategies of the ETFs and mutual funds can be found in each ETF’s and mutual fund’s most recently filed prospectus.

You may also like…

Disclaimer

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund(s) on the TSX. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund(s) and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents.

Certain statements in the Harvest Blog are forward looking Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or  “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS.

FLS are not guarantees of future performance and are by their nature based on numerous assumptions, which include, amongst other things, that (i) the Fund can attract and maintain investors and have sufficient capital under management to effect their investment strategies, (ii) the investment strategies will produce the results intended by the portfolio managers, and (iii) the markets will react and perform in a manner consistent with the investment strategies. Although the FLS contained herein are based upon what the portfolio manager believe to be reasonable assumptions, the portfolio manager cannot assure that actual results will be consistent with these FLS.

Unless required by applicable law, Harvest Portfolios Group Inc. does not undertake, and specifically disclaim, any intention or obligation to update or revise any FLS, whether as a result of new information, future events or otherwise.

Sign up to receive our monthly updates

SUBSCRIBE