OAKVILLE, Ontario (BUSINESS WIRE) | French – Harvest Portfolios Group Inc. (“Harvest”) announces that it will be terminating Harvest ESG Equity Income Index ETF (TSX:HESG) (the “ETF”) effective at the close of business on or about August 22, 2023 (the “Termination Date”). The last date on which a redemption may be placed with Harvest (Manager of the ETF) is expected to be on or about August 18, 2023, and the Class A units of the ETF are expected to be de-listed from the Toronto Stock Exchange, at the request of Harvest, at the close of business on or about August 22, 2023 (the “Delisting Date”), with all Class A units still held by investors being subject to a mandatory redemption as of the Termination Date.
Unitholders of the 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.
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $3.4 billion in assets for Canadian Investors. 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.
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