Electronic income

Harvest Announces Filing of Preliminary Prospectus for Harvest Diversified Monthly Income ETF

OAKVILLE, ON, January 11, 2022 / CNW / – Harvest Portfolios Group Inc. (“Harvest”) is pleased to announce that it has filed a preliminary prospectus with Canadian securities regulators for the Harvest Diversified Monthly Income ETF (“HDIF”). HDIF is designed to provide Canadian investors with access to a managed portfolio of Harvest exchange-traded funds (“ETFs”) to produce monthly cash distributions and the potential for capital appreciation.

“We believe that HDIF offers an innovative approach to provide income and diversification for long-term investment,” said Michael kovacs, President and CEO of Harvest. “HDIF offers a portfolio of 5 equally weighted Harvest ETFs, positioned to provide the stable monthly income that many Canadian investors need in today’s interest rate environment.

HDIF’s investment objectives are to provide unitholders with monthly cash distributions and the opportunity for capital appreciation by investing in a portfolio of manager-managed exchange-traded mutual funds that are listed on a recognized Canadian exchange and who engage in covered buying strategies. HDIF will use up to 33% leverage to seek to meet its investment objective. Leverage will be created by borrowing cash or otherwise permitted by applicable securities legislation.

Harvest, a registered investment fund manager and portfolio manager, will act as promoter, trustee, manager and portfolio manager of HDIF and will be responsible for the administration of HDIF.

About Harvest Portfolios Group Inc.

Founded in 2009, Harvest is a Canadian investment fund manager managing $ 2.0 billion in assets for Canadian investors. Harvest offers an innovative line of exchange traded funds, mutual funds and publicly traded structured fund products designed to meet investors’ long-term growth and income needs. We pride ourselves on creating reliable investment solutions that meet the expectations of our investors.

A preliminary prospectus containing important information about the securities of the Harvest Monthly Diversified Income ETF has been filed with securities commissions or similar authorities in all provinces and territories of Canada. The preliminary prospectus is still in the process of being finalized or amended. A copy of the preliminary prospectus is available on SEDAR (www.sedar.com). There will be no sale or acceptance of an offer to buy the securities until a visa for the final prospectus has been issued.

Commissions, management fees and expenses can all be associated with ETFs. ETFs are not guaranteed, their values ​​change frequently, and past performance may not be repeated.

SOURCE Harvest Portfolios Group Inc.

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