OAKVILLE, ON, Feb. 26, 2021
/CNW/ - Harvest Portfolios Group Inc. ("Harvest") announces a
change to the monthly distribution amount from $0.0583 CAD per unit to $0.0700 CAD per unit for the Class A units of the
Harvest Tech Achievers Growth & Income ETF (HTA:TSX), from
$0.0583 USD per unit to $0.0700 USD per unit for the Class U units of the
Harvest Tech Achievers Growth & Income ETF (HTA.U:TSX) and from
0.0583 CAD per unit to $0.0700 CAD per unit for the Class B units of the
Harvest Tech Achievers Growth & Income ETF (HTA.B:TSX). The new
monthly distribution amount for both Class A units, Class U units
and Class B units, taking effect for the April 30, 2021 record date, represents a current
annual yield of approximately 5.9% for Class A units, 5.7% for
Class U units and 6.3% for Class B units.
The change to the distribution amount is intended to provide a
reasonable and sustainable yield for unitholders of both the Class
A, Class U and Class B units of the Harvest Tech Achievers Growth
& Income ETF while continuing to provide the opportunity for
long-term capital appreciation through exposure to the large cap
global technology sector.
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is a Canadian Investment Fund Manager
managing over $1.2 billion in assets
for Canadian Investors. Harvest offers an innovative suite of
exchange traded funds, mutual funds and publicly-listed structured
fund products designed to satisfy the long-term growth and income
needs of investors. We pride ourselves in creating trusted
investment solutions that meet the expectations of our
investors.
You will usually pay brokerage fees to your dealer if you
purchase or sell units of the Fund(s) on the TSX. 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 ongoing 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.
SOURCE Harvest Portfolios Group Inc.