The Toronto Stock Exchange reports that Harvest Industrial Leaders Income ETF will be listed at 5:01 p.m. on April 12, 2024, for trading at the open on April 15, 2024. According to the TSX, there will be 150,000 Class A units of the exchange-traded fund (ETF) issued and outstanding, with no securities reserved for issuance. The units will trade under the symbol HIND, in Canadian dollars and with Cusip No. 417925 10 4.

The TSX reports that the ETF will seek 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 industrial leaders directly. To achieve lower overall volatility of portfolio returns, the ETF will generally write covered call options on up to 33 per cent of the portfolio securities. The level of covered call option writing may vary based on market volatility and other factors. According to the TSX, the ETF expects to pay cash distributions on its units on a monthly basis.

The ETF's manager and trustee is Harvest Portfolios Group Inc., its transfer agent and registrar is State Street Trust Company Canada at its principal office in Toronto, and its fiscal year-end is Dec. 31. As stated in its prospectus dated April 4, 2024, the ETF is issuing 150,000 Class A units at $12 per unit in its initial public offering. It expects to close the offering before the open on April 15, 2024. The designated market-maker is TD Securities Inc.