Harvest Travel & Leisure Index ETF Announces REVISED Final Annual 2023 Reinvested Distribution for Class U Units

Date

February 14, 2024

Date

February 14, 2024

Date

February 14, 2024

OAKVILLE, Ontario– | French – Harvest Portfolios Group Inc. (“Harvest”) today announces the revised final annual reinvested distribution for Class U Units of Harvest Travel & Leisure Index ETF (“TRVL.U”) for the 2023 tax year. Please be advised that the distribution announced in this press release replaces that stated in the December 29, 2023 press release for TRVL.U.

This distribution will not be paid in cash but will be reinvested and immediately consolidated so that the number of units held by the unitholder, the units outstanding of TRVL.U, and the net asset value of TRVL.U will not change as a result of the non-cash distribution. The annual distribution will be reported as a taxable distribution and result in an increase to each unitholder’s adjusted cost base for TRVL.U. The revised taxable amounts and nature of distribution for income or capital gains will be reported to brokers through CDS Clearing and Depository Services Inc. (“CDS”) prior to March 31, 2024.

The ex-dividend date for the 2023 annual reinvested distribution is December 28, 2023 for all unitholders of record on December 29, 2023.

Details regarding the final revised annual reinvested distribution amount for TRVL.U are as follows:

Harvest ETF Ticker Final Re-invested Capital Gain Distribution per Unit Final Re-invested Income Distribution per Unit
Harvest Travel & leisure Index ETF (US) TRVL.U USD $0.000000 per unit USD $0.005839 per unit

 

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 $3.9 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 ETFs 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 Premium 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.

________________________________

Subscribe to Our Monthly Newsletter:

https://harvestportfolios.com/subscribe

________________________________

Follow Us on Social Media:

LinkedIn: https://www.linkedin.com/company/harvest-portfolios-group
Twitter: https://twitter.com/harvestetfs
Facebook: https://www.facebook.com/HarvestETFs
YouTube: https://www.youtube.com/c/HarvestETFs
Spotify: https://open.spotify.com/show/4Nh71jcf778tZDICT7TznK

________________________________

You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the TSX. If the shares are purchased or sold on the TSX, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning shares 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 investment fund. You can find more detailed information about the investment fund in these documents.

Contacts

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.

Commissions, management fees and expenses all may be associated with investing in Harvest Exchange Traded Funds, managed by Harvest Portfolios Group Inc. (the Fund(s)). Please read the relevant prospectus before investing. The indicated rates of return are the historical annual compounded total returns (except for figures of one year or less, which are simple total returns) including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. The funds are not guaranteed, their values change frequently and past performance may not be repeated. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into Class A, Class B or Class U units of the Fund. If the Fund earns less than the amounts distributed, the difference is a return of capital. Tax, investment and all other decisions should be made with guidance from a qualified professional.

The current yield represents an annualized amount that is comprised of 12 unchanged monthly distributions (using the most recent month’s distribution figure multiplied by 12) as a percentage of the closing market price of the Fund. The current yield does not represent historical returns of the ETF but represents the distribution an investor would receive if the most recent distribution stayed the same going forward.

Certain statements in the Harvest Insights 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.