Harvest Announces New HPYT Unhedged Class B Listing on the TSX

Date

June 12, 2024

OAKVILLE, Ontario | FrenchHarvest Portfolios Group Inc. (“Harvest”) is pleased to announce the completion of the initial offering of Unhedged Class B Units of the Harvest Premium Yield Treasury ETF (“HPYT”) pursuant to a prospectus dated September 22, 2023, as amended on May 30, 2024, filed with the securities regulatory authorities in all of the Canadian provinces and territories. The Unhedged Class B units of the Harvest Premium Yield Treasury ETF will commence trading on the TSX today under the following ticker symbol: HPYT.B:TSX (“HPYT.B”).

Distribution Announcement

HPYT.B will pay a monthly distribution of $0.15 CAD per Class B Unit and the first monthly distribution will be paid on or about July 9, 2024 to unitholders of record on June 28, 2024 with an ex-dividend date of June 28, 2024.

“Harvest continues to build on HPYT’s strong launch in Q4 2023 which has continued into 2024. We believe adding an Unhedged Class B provides further choice and flexibility for investors,” said Michael Kovacs, President and CEO of Harvest.

Investment Objectives

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. Harvest Premium Yield Treasury ETF 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.

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]

Investment Dealers can access and download certain regulatory documents relating to HBIG, HBIE and HIND such as the ETF Facts and prospectus via the Harvest website at www.harvestetfs.com.

About Harvest Portfolios Group Inc.

Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $4.2 billion in assets for Canadian Investors. Harvest Fixed Income ETFs provide investors the opportunity to invest in intermediate to long-duration US Treasury bonds, and short-term treasury bills (T-Bills) of the Government of Canada. These are among the safest long-term and short-term bonds, as they are backed by the full faith and credit of the US and Canadian, Governments, respectively. To provide investors access to intermediate to longer-duration US Treasury bonds, we assembled two separate portfolios of US Treasury ETFs, one targeting exposure to intermediate duration US Treasury bonds and the other targeting exposure to long duration US Treasury bonds. Moreover, we employ an active covered call options strategy with up to 100% write level on each portfolio to generate high income for unitholders. For Investors looking for exposure to low duration bonds and low-risk monthly cash flow, we offer a money market ETF that invests directly in the Government of Canada T-Bills.

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Contacts

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

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.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund(s) on the TSX. If the units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund(s) and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning units of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. An investment fund must prepare disclosure documents that contain key information about the fund. You can find more detailed information about the fund in these documents.

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.

Harvest ETFs Announces Increases to Monthly Cash Distributions

Harvest ETFs announced by press release on June 25, 2024 that certain ETFs will increase their monthly cash distribution amount for all classes taking effect for the July 31, 2024 record date with a payable date of August 9, 2024. For more details, please read the press release.

PRESS RELEASE