Harvest Announces Filing of the Preliminary Prospectus for Three New ETFs


March 6, 2024

OAKVILLE, Ontario | FrenchHarvest 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 Balanced Income & Growth ETF (“HBIG”), Harvest Balanced Income & Growth Enhanced ETF (“HBIE”) and Harvest Industrial Leaders Income ETF (“HIND”). HBIG is designed to provide Canadian investors with access to a balanced portfolio consisting of primarily Harvest Equity Income ETFs and Harvest Fixed Income ETFs that deliver high monthly cash distributions. HBIE invests in the same balanced portfolio as HBIG on a levered basis to enhance high monthly cash distributions. HIND provides Canadians with access to an innovative portfolio of industrial sector equity leaders that engages a covered call strategy to provide monthly cash distributions.

“Harvest is pleased to introduce the first high income generating Balanced ETF in Canada primarily focused on utilizing covered calls.” said Michael Kovacs, President and CEO of Harvest. “HBIG and HBIE will provide consistent monthly cash distributions while seeking to deliver steady returns through a balanced mix of Equity and Fixed Income ETFs.”

Harvest Balanced Income & Growth ETF will seek to provide Unitholders with high monthly cash distributions and the opportunity for capital appreciation by investing, on a non-levered basis, in a portfolio of exchange traded mutual funds that are listed on a recognized North American stock exchange that provide exposure towards large capitalization equity securities, investment grade bonds or money market instruments issued by corporations or governments, and will include exchange traded mutual funds that engage in covered call strategies.

Harvest Balanced Income & Growth Enhanced ETF will seek to provide Unitholders with high monthly cash distributions and the opportunity for capital appreciation by investing, on a levered basis, in a portfolio that will replicate, to the extent reasonably possible, the portfolio of Harvest Balanced Income & Growth ETF, an exchange traded mutual fund managed by the Manager.

“The Harvest Industrial Leaders Income ETF will provide investors with access to the diversified Industrial sector while receiving attractive consistent monthly cash distributions through our covered call strategy, it’s a logical piece of a portfolio strategy and is a dynamic addition to our line up of Equity Income ETFs.” said Kovacs.

Harvest Industrial Leaders Income ETF will seek to provide Unitholders with (i) the opportunity for capital appreciation; (ii) monthly cash distributions; and (iii) lower overall volatility of the portfolio returns than would otherwise be experienced by owning Equity Securities of Industrial Leaders directly. To achieve lower overall volatility of portfolio returns, Harvest Industrial Leaders Income ETF will generally write covered call options on up to 33% 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 HBIG, HBIE and HIND and will be responsible for the administration of HBIG, HBIE, and HIND.

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 over $4 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth by long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs.

Harvest ETF’s core offerings center around covered call strategies, available in three variations: equity, enhanced equity and fixed income. In our equity-income portfolios, we follow a three-step process: identifying promising growth industries; selecting well-positioned businesses within those sectors; and optimizing returns by generating income through covered calls. To enhance potential returns, we offer leveraged exposure to select Harvest ETFs through our enhanced lineup. Our Fixed Income ETFs focus on investing in US Treasury ETFs while employing a covered call option strategy. This approach allows us to deliver high monthly distributions to our investors. For those seeking ETFs without call options, we also provide our Equity Growth ETFs, which are specifically designed to capture opportunities in growth industries and major trends.

A preliminary prospectus containing important information relating to the securities of HPYT and TBIL 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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For Additional Information:
Website: https://harvestetfs.com
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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.

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.