Harvest Announces Termination of Harvest Banks & Buildings Income ETF

May 29, 2019

OAKVILLE, ONTARIO, May 29, 2019 – Harvest Portfolios Group Inc. (“Harvest”) announced that it will be terminating the Harvest Banks & Buildings Income ETF (HCBB:TSX) (the “ETF”) effective at the close of business on Wednesday, July 31, 2019 (the “Termination Date”). Monday, July 29, 2019, is expected to be the last date on which a redemption may be placed with Harvest (Manager of the ETF), and the ETF is expected to be de-listed from the Toronto Stock Exchange, at the request of Harvest, at the close of business on or about Wednesday, July 31, 2019 (the “Delisting Date”), with all units still held by investors being subject to a mandatory redemption as of the Termination Date.

Unitholders of the Harvest Banks & Buildings Income ETF will be able to sell their units through the facilities of the stock exchange until the Delisting Date. Any remaining unitholders of the ETF as at the Termination Date will receive the net proceeds from the liquidation of the assets of the ETF, less all liabilities and all expenses incurred with the dissolution of the ETF, on a pro-rata basis.

For additional information: Please visit www.harvestportfolios.com, e-mail info@harvestportfolios.com or call toll free 1-866-998-8298.

About Harvest Portfolios Group Inc.

Founded in 2009, Harvest Portfolios Group Inc. is a Canadian Investment Fund Manager which offers an innovative suite of exchange traded funds, mutual funds and publicly-listed structured 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.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the ETF 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 ETF 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 ETF. You can find more detailed information about the ETF in these documents.

You may also like…

Harvest ETFs November 2020 Distributions

OAKVILLE, ON, Nov. 20, 2020 - Harvest Portfolios Group Inc. (“Harvest”) announces the following distributions for Harvest ETF’s for the month ending November 30, 2020. The distribution will be paid on or about December 9, 2020 to unitholders of record on November 30,...

read more

Harvest ETFs October 2020 Distributions

OAKVILLE, ON, Oct. 20, 2020 /CNW/ - Harvest Portfolios Group Inc. ("Harvest") announces the following distributions for Harvest ETF's for the month ending October 31, 2020. The distribution will be paid on or about November 9, 2020 to unitholders of record on October...

read more
Disclaimer

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.

Subscribe to our newsletter and stay informed

Join Us & Stay Informed!

* indicates required

Your Preferences   (Please select all the ways you would like to hear from)


You are a *


Confirm *