Harvest Announces Filing of the Preliminary Prospectus for 2 New Harvest Premium Yield ETFs

Summarize this article with:
This section is Partnership Content suppliedThe content in this section is supplied by Business Wire for the purposes of distributing press releases on behalf of its clients. Postmedia has not reviewed the content. by Business Wire Article contentOAKVILLE, Ontario — Harvest Portfolios Group Inc. (“Harvest”) is pleased to announce that it has filed a preliminary prospectus with the Canadian securities regulators for the Harvest Premium Yield Canadian Bank ETF (“HPYB”) and the Harvest Premium Yield Enhanced ETF (“HPYE”).Sign In or Create an AccountEmail AddressContinueor View more offersArticle contentHPYB provides investors access to a Canadian Banks equity portfolio seeking long-term capital appreciation, on a levered basis, utilizing an active option strategy designed to provide steady monthly cash distributions, while HPYE provides investors access to the same strategy on a broad portfolio of equities.Article contentWe apologize, but this video has failed to load.Try refreshing your browser, ortap here to see other videos from our team.Article contentArticle content“Harvest is pleased to offer two new premium yield ETFs for investors seeking equity exposure and attractive monthly cash distributions,” said Michael Kovacs, President and CEO of Harvest. “HPYB and HPYE complement our growing array of equity income ETFs.”Article contentTop StoriesGet the latest headlines, breaking news and columns.There was an error, please provide a valid email address.Sign UpBy signing up you consent to receive the above newsletter from Postmedia Network Inc.Thanks for signing up!A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of Top Stories will soon be in your inbox.We encountered an issue signing you up. Please try againInterested in more newsletters? Browse here.Article contentInvestment Objectives of the 2 new Harvest Premium Yield ETFsArticle contentHPYB will seek to provide Unitholders with (i) the opportunity for capital appreciation by investing, directly or indirectly, on a levered basis, in a portfolio of Equity Securities of Canadian banks; (ii) regular cash distributions; and (iii) lower overall volatility of portfolio returns than would otherwise be experienced by owning the securities held by HPYB, directly. To achieve lower overall volatility of portfolio returns and generate monthly premiums, HPYB will write covered call and/or covered put options on the Equity Securities held in its portfolio. The level of option writing may vary based on market volatility and other factors.Article contentHPYE will seek to provide Unitholders with (i) the opportunity for capital appreciation by investing, directly or indirectly, on a levered basis, in a portfolio of Equity Securities; (ii) regular cash distributions; and (iii) lower overall volatility of portfolio returns than would otherwise be experienced by owning the Equity Securities directly. To achieve lower overall volatility of portfolio returns and generate monthly premiums, HPYE will write covered call and/or covered put options on the Equity Securities held in its portfolio. The level of option writing may vary based on market volatility and other factors.Article contentHarvest, a registered investment fund manager and portfolio manager, will act as promoter, trustee, manager and portfolio manager of HPYB and HPYE and will be responsible for the administration of HPYB and HPYE.Article contentFor additional information: Please visit www.harvestportfolios.com, e-mail info@harvestetfs.com or call toll free 1-866-998-8298.Article contentHarvest ETFs invites you to subscribe to our monthly commentary newsletter. By subscribing through the following link, you will receive timely insights, analyses and perspectives directly to your inbox: https://harvestportfolios.com/subscribe For media inquiries: Contact Caroline Grimont, SVP Marketing at cgrimont@HarvestETFs.comAbout Harvest Portfolios Group Inc. Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing over $9.7 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth through the long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs. Our core offerings centre around covered call strategies, available in many variations: Equity, Enhanced, Fixed Income, Multi Asset, Specialty, Digital Assets and Single Stock ETFs.Article contentArticle content____________________Article contentFor Additional Information: Article contentWebsite:Article contenthttps://harvestetfs.com Article contentArticle contentE-mail:Article contentinfo@harvestetfs.com Article contentArticle contentToll free: 1-866-998-8298Article content____________________Article contentSubscribe to Our Monthly Newsletter: Article contenthttps://harvestportfolios.com/subscribeArticle content____________________Article contentFollow Us on Social Media: Article contentLinkedIn:Article contenthttps://www.linkedin.com/company/harvest-portfolios-group Article contentArticle contentTwitter:Article contenthttps://twitter.com/harvestetfs Article contentArticle contentFacebook:Article contenthttps://www.facebook.com/HarvestETFs Article contentArticle contentYouTube:Article contenthttps://www.youtube.com/c/HarvestETFsArticle contentArticle contentA preliminary prospectus containing important information relating to the securities of HPYB and HPYE has been filed with the securities commissions or similar authorities in all provinces and territories of Canada. The preliminary prospectus is still subject to completion or amendment. A copy of the preliminary prospectus is available on SEDAR+ (Article contentwww.sedarplus.caArticle content). There will not be any sale or acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.Article contentCommissions, management fees, and expenses all may be associated with ETFs. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.Article contentArticle contentArticle contentArticle contentView source version on businesswire.com: Article content https://www.businesswire.com/news/home/20251212604607/en/Article contentArticle contentContactsArticle contentFor Additional Information: Article contentArticle contentWebsite:Article contenthttps://harvestetfs.com Article contentArticle contentE-mail:Article contentinfo@harvestetfs.com Article contentArticle contentToll free: 1-866-998-8298Article content#distroArticle contentTrending Canadian households boost their wealth to another record high of $18.4 trillion with ‘supercharged' financial asset growth Wealth CRA penalized taxpayer for repeated failure to report income Personal Finance This generation of Canadians is rapidly increasing its wealth and may soon unseat the boomers Wealth U.S. trade deficit unexpectedly shrinks to smallest since 2020 Economy The best mortgage rates in Canada right now Real Estate Share this article in your social networkCommentsYou must be logged in to join the discussion or read more comments.Create an AccountSign in Join the Conversation Postmedia is committed to maintaining a lively but civil forum for discussion. Please keep comments relevant and respectful. Comments may take up to an hour to appear on the site. You will receive an email if there is a reply to your comment, an update to a thread you follow or if a user you follow comments. Visit our Community Guidelines for more information. Canadian households boost their wealth to another record high of $18.4 trillion with ‘supercharged' financial asset growth Wealth CRA penalized taxpayer for repeated failure to report income Personal Finance This generation of Canadians is rapidly increasing its wealth and may soon unseat the boomers Wealth U.S. trade deficit unexpectedly shrinks to smallest since 2020 Economy The best mortgage rates in Canada right now Real Estate
