Harvest Announces Filing of the Preliminary Prospectus for Clean Energy ETF

Date

December 8, 2020

Date

December 8, 2020

Date

December 8, 2020

OAKVILLE, ON, Dec. 8, 2020 /CNW/ – Harvest Portfolios Group Inc. (“Harvest”) is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for one of Canada’s first clean energy ETFs, Harvest Clean Energy ETF (“HCLN”). This innovative ETF is designed to provide Canadian investors access to the developing clean energy sector. 

“We are very excited to launch this unique and low cost Clean Energy ETF in Canada. This is an exciting and growing space, an area that is getting the proper political and societal attention it needs as more Canadians look to environmental factors when investing. There are large sources of Government and Private capital flowing into this space at unprecedented levels which we see continuing to grow into the future,” said Michael Kovacs, President and CEO of Harvest. “With the changes going on in Energy generation, the future is definitely Clean.” 

The investment objective of HCLN is to provide Unitholders with the opportunity for capital appreciation and primarily invests in large cap issuers that are engaged in clean energy related businesses that are listed on a regulated stock exchange in North America, Developed Asia or in certain European countries. 

Harvest, a registered investment fund manager and portfolio manager, will act as promoter, trustee, manager and portfolio manager of HCLN and will be responsible for the administration of HCLN. 

For additional information: Please visit www.harvestportfolios.com, e-mail [email protected] or call toll free 1-866-998-8298. 

About Harvest Portfolios Group Inc. 

Founded in 2009, Harvest is a Canadian Investment Fund Manager managing over $1 billion in assets for Canadian Investors. Harvest offers an innovative suite of exchange traded funds, mutual funds and publicly-listed structured fund products designed to satisfy the long-term growth and income needs of investors. We pride ourselves in creating trusted investment solutions that meet the expectations of our investors. 

A preliminary prospectus containing important information relating to securities of the Harvest Clean Energy ETF 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.sedar.com). 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. 

Disclaimer

For Information Purposes Only. All comments, opinions and views expressed are of a general nature and should not be considered as advice and/or a recommendation to purchase or sell the mentioned securities or used to engage in personal investment strategies.

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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.