Harvest Portfolios Group announces expected distribution amounts for Australian REIT Income Fund

Date

March 21, 2022

OAKVILLE, ON, March 21, 2022 /CNW/ – Harvest Portfolios Group Inc. (“Harvest”) announces the expected monthly distribution amounts for the Australian REIT Income Fund, (TSX: HRR.UN), (“HRR.UN”) announces an expected monthly distribution amount for the following twelve months commencing March 31, 2022 of $0.055 per Class A Unit ($0.66 per annum) and $0.055 per Class F Unit ($0.66 per annum). This monthly distribution amount remains the same as the regular monthly distribution paid by HRR.UN since its inception.

HRR.UN, managed by Harvest, has been established to provide Unitholders with an actively managed portfolio comprised primarily of equity securities listed on the Australian Securities Exchange issued by Australian real estate investment trusts and issuers principally engaged in the real estate industry in Australia.

HRR.UN’s investment objectives are to provide Unitholders with:

(i) monthly cash distributions; and
(ii) the opportunity for capital appreciation.

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

Founded in 2009, Harvest is a Canadian Investment Fund Manager managing $2 billion in assets for Canadian Investors. Harvest 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.

This press release contains forward-looking information. The forward-looking information contained in this press release is based on historical information concerning monthly distributions of the Fund. The forward-looking information contained in this press release constitutes the Fund’s expected monthly distribution amount, as of the date of this press release.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the Fund on the TSX. If units are purchased or sold on the TSX, investors may pay more than the current net asset value when buying units of the Fund 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. 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. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Distributions are paid to you in cash for the Australian REIT Income Fund unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into the Class A or Class F units. If the Fund earns less than the amount distributed, the difference is a return of capital.

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.