Ms. Caroline Grimont reports
HARVEST ANNOUNCES ETF TERMINATIONS
Harvest Portfolios Group Inc. will be terminating Harvest Brand Leaders Enhanced Income ETF and Harvest Canadian Equity Enhanced Income Leaders ETF effective at the close of business on or about June 25, 2024. The last date on which a redemption may be placed with Harvest (manager of the ETFs) is expected to be on or about June 24, 2024, and the Class A units of the ETFs are expected to be delisted from the Toronto Stock Exchange, at the request of Harvest, at the close of business on or about June 25, 2024, with all Class A units still held by investors being subject to a mandatory redemption as of the termination date.
Unitholders of the ETFs will be able to sell their units through the facilities of the stock exchange until the delisting date. Any remaining unitholders of the ETFs as at the termination date will receive the net proceeds from the liquidation of the assets of the ETFs, less all liabilities and all expenses incurred with the dissolution of the ETFs, on a pro rata basis.
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian investment fund manager managing over $4.1-billion in assets for Canadian Investors. Harvest ETFs believe that investors can build and preserve wealth by long-term ownership of high-quality businesses. This fundamental philosophy is at the core of its investment approach across its range of ETFs.
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