06:14:11 EDT Fri 29 Mar 2024
Enter Symbol
or Name
USA
CA



Tech Achievers Growth & Income Fund
Symbol HTA
Shares Issued 5,018,622
Close 2017-04-27 C$ 8.67
Market Cap C$ 43,511,453
Recent Sedar Documents

Tech Achievers unitholders approve ETF conversion

2017-04-28 13:45 ET - News Release

An anonymous director reports

HARVEST PORTFOLIOS GROUP INC. ANNOUNCES UNITHOLDER APPROVAL OF ETF CONVERSION

At the special meeting held today, Tech Achievers Growth & Income Fund unitholders approved the conversion of the fund from a closed-end fund into an exchange-traded fund.

Instead of converting the fund into a conventional unlisted mutual fund on or about June 20, 2017, as originally contemplated, at the special meeting, unitholders of the fund approved the conversion of the fund from a closed-end fund into Class A units of an exchange-traded fund, including a reduction in the fund's annual management fee to 0.85 per cent (from 1 per cent). The manager anticipates implementing the conversion in June, 2017, subject to obtaining a receipt for the final prospectus of the exchange-traded fund and any necessary third party or regulatory approvals. The manager will issue a press release confirming the effective date of the conversion after the required approvals have been obtained.

Details of the special meeting are further described in the management information circular which is available on SEDAR. The management information circular is also available on the fund's website.

You will usually pay brokerage fees to your dealer if you purchase or sell units of the fund(s) on the Toronto Stock Exchange. 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 continuing 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.

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