OAKVILLE, ONTARIO, Business Wire | French – Harvest Portfolios Group Inc. (“Harvest”) is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Harvest Apple Enhanced High Income Shares ETF (“APLE”).
APLE provides single-stock ETF access to the growth potential of Apple Inc. by engaging modest leverage and an active covered call strategy designed to generate enhanced high monthly income.
“Harvest is pleased to add this new offering to expand our suite of single-stock ETFs”, said Michael Kovacs, President and CEO of Harvest, “The Harvest suite of single stock ETFs encompass widely held companies, and through our underlying covered call option strategies, can deliver high levels of monthly income for investors. For over 15 years, Harvest has been committed to bringing innovative growth and high-income investment opportunities to the Canadian market.”
Investment Objectives
APLE will seek to provide Unitholders with (i) long-term capital appreciation by investing, directly or indirectly, on a levered basis, in the common stock of Apple Inc. (“Apple”) 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 APLE and will be responsible for the administration of APLE.
For additional information: Please visit www.harvestportfolios.com, e-mail [email protected] or call toll free 1-866-998-8298.
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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 $6 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 GOGY, AMDY, AVGY, CNYE, COSY, MSTE and NFLY 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.
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