Harvest Announces Filing of the Preliminary Prospectus for Harvest Premium Yield Treasury ETF

Press Release

Date

September 1, 2023

Date

September 1, 2023

Date

September 1, 2023

OAKVILLE, Ontario | French –Harvest Portfolios Group Inc. (“Harvest” or the “Manager”) is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Harvest Premium Yield Treasury ETF (“HPYT”). This innovative ETF is designed to provide Canadian investors with access to a portfolio of US Treasury ETFs that employs an active covered call strategy to provide high monthly income.

“Harvest is pleased to introduce a new fixed income ETF to our line up and the Canadian market.” said Michael Kovacs, President and CEO of Harvest. “By applying our extensive option writing expertise to HPYT, we believe HPYT can provide an attractive yield for Canadian Investors.”

HPYT will seek to provide high monthly cash distributions to Unitholders by investing, on a non-levered basis, in a portfolio of exchange traded mutual funds, selected by the Manager, that provide exposure primarily to longer-dated U.S. treasury bonds and are listed on a regulated stock exchange in North America. HPYT will generally write covered call options on up to 100% of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors.

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

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

About Harvest Portfolios Group Inc.

Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $3.6 billion in assets for Canadian Investors as at July 31, 2023. At Harvest ETFs, our guiding principles are premised on building wealth for our clients through ownership of strong businesses that have the potential to grow & generate steady income over time. Harvest ETFs 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 the securities of HPYT 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.

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Contacts

For Additional Information:
Website: https://harvestetfs.com
E-mail: [email protected]
Toll free: 1-866-998-8298

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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.

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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.