OAKVILLE, ONTARIO, Business Wire | French – Harvest Portfolios Group Inc. (“Harvest” “Harvest ETFs”) is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for five Harvest High Income Shares ETFs (the “ETFs” or “ETF”). As Canada’s largest single stock ETF issuer, Harvest will add these new Harvest High Income Shares ETFs to its successful single stock ETF platform to offer investors high monthly income from leading and trending US and Canadian stocks.
Each of the five single stock ETFs will hold a US stock to provide access to the growth potential of top US market sector leaders and will engage modest leverage plus an active covered call strategy designed to generate enhanced high monthly income.
“We are excited to continue with the expansion of the Harvest High Income Shares™ suite of single-stock ETFs,” said Michael Kovacs, President and CEO of Harvest, “It’s the objective of Harvest ETFs to provide investors with a growing and diversified product menu of high income single stock ETFs.”
The five Harvest High Income Shares ETFs include the following:
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Harvest High Income Shares ETF |
TSX Ticker |
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Harvest Circle Enhanced High Income Shares ETF |
CRCY |
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Harvest JPMorgan Enhanced High Income Shares ETF |
JPMY |
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Harvest Reddit Enhanced High Income Shares ETF |
RDDY |
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Harvest Robinhood Enhanced High Income Shares ETF |
HODY |
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Harvest SoFi Enhanced High Income Shares ETF |
SOFY |
Investment Objectives
Each of the ETFs will seek to provide Unitholders with (i) long-term capital appreciation by investing, directly or indirectly, on a levered basis, in the US stock it holds and (ii) high monthly cash distributions.
Harvest, a registered investment fund manager and portfolio manager, will act as promoter, trustee, manager and portfolio manager of the ETFs and will be responsible for the administration of the ETFs.
For additional information: Please visit www.harvestportfolios.com, e-mail [email protected] or call toll free 1-866-998-8298.
Harvest ETFs invites you to subscribe to our monthly commentary newsletter. By subscribing through the following link, you will receive timely insights, analyses and perspectives directly to your inbox: https://harvestportfolios.com/subscribe.
For media inquiries: Contact Caroline Grimont, VP Marketing at [email protected].
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing over $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 centre around covered call strategies, available in many variations: Equity, Enhanced, Fixed Income, Multi Asset, Specialty, Digital Assets and Single Stock ETFs.
A preliminary prospectus containing important information relating to the securities of the ETFs 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.
