Harvest announces TSX Listing of Class B Unhedged Units for Three Harvest ETFs

OAKVILLE, ON, March 12, 2020 /CNW/ - Harvest Portfolios Group Inc. ("Harvest") is pleased to announce the completion of the initial offering of Class B Unhedged Units of the Harvest Healthcare Leaders Income ETF ("HHL"), Harvest Brand Leaders Plus Income ETF ("HBF") and Harvest Tech Achievers Growth & Income ETF ("HTA"), pursuant to a prospectus dated June 14, 2019, as amended on February 27, 2020, filed with the securities regulatory authorities in all of the Canadian provinces and territories.

The Class B Unhedged Units are denominated in Canadian dollars and will commence trading on the Toronto Stock Exchange ("TSX") today under the following ticker symbols: HHL.B, HBF.B and HTA.B. The value of the portfolio attributable to the Class B Unhedged Units, if any, will not be hedged.

"We want to give investors as much flexibility as possible when investing in our core Equity Income Strategies. With the new Class B Unhedged Units, one can choose the underlying ETF in hedged, unhedged or USD." said Michael Kovacs, President and CEO of Harvest.

HHL's investment objective is to provide Unitholders with (i) the opportunity for capital appreciation; (ii) monthly cash distributions; and (iii) lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the Healthcare Leaders directly. To achieve lower overall volatility of portfolio returns, HHL will generally write covered call options on up to 33% of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors.

HBF's investment objective is to provide holders of Units ("Unitholders") with (i) monthly cash distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would otherwise be experienced by owning Equity Securities of the Brand Leaders directly. To achieve lower overall volatility of portfolio returns, HBF will generally write covered call options on up to 33% of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors.

HTA's investment objective is to provide Unitholders with (i) the opportunity for capital appreciation; (ii) monthly cash distributions; and (iii) lower overall volatility of the portfolio returns than would otherwise be experienced by owning Equity Securities of Technology Achievers directly.  To achieve lower overall volatility of portfolio returns, HTA will generally write covered call options on up to 33% of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors.

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 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.

SOURCE Harvest Portfolios Group Inc.

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