OAKVILLE, ON, Jan. 6, 2021 /CNW/ - Harvest Portfolios Group
Inc. ("Harvest") announces the following changes to the risk
ratings of certain Harvest exchange-traded funds ("ETFs").
The risk rating for Harvest US Bank Leaders Income ETF (TSX:
HUBL and HUBL.U) will increase from "medium to high" to
"high".
The risk rating for Harvest Equal Weight Global Utilities Income
ETF (TSX: HUTL) will increase from "low to medium" to
"medium".
No changes have been made to the investment objectives or
strategies of these ETFs. A summary of the risk rating
classification methodology and the investment objectives and
strategies of the ETFs can be found in each ETF's most recently
filed prospectus.
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is a Canadian Investment Fund Manager
managing over $1 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 ETF(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 ETF(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.