OAKVILLE, Ontario, July 20, 2017 (GLOBE NEWSWIRE) -- Harvest Portfolios Group Inc. (“Harvest”) is pleased to announce the establishment of a Dividend Reinvestment Plan (“DRIP”) for all Harvest ETFs effective as at the next record date for each Harvest ETF.
Harvest has established a DRIP for all classes of Harvest ETFs, allowing investors to easily benefit from compounding their distributions on a monthly or quarterly basis, dependent on the payment frequency of an individual Harvest ETF. All Harvest ETFs listed on the Toronto Stock Exchange (TSX) are eligible for the Dividend Reinvestment Plan, provided that their investment dealer supports participation in the DRIP.
All cash distributions paid by a Harvest ETF will be eligible for reinvestment into additional units of the same ETF. Investors may opt into the DRIP by contacting their investment dealer, otherwise distributions will continue to be paid in cash. The DRIP allows unitholders to compound their investment through the convenient automatic purchase of additional units without incurring commissions.
|Harvest ETF||TSX Ticker||Distribution||Frequency|
|Healthcare Leaders Income ETF||HHL||$0.0583 per unit||Monthly|
|Healthcare Leaders Income ETF (US)||HHL.U||$0.0583 per unit||Monthly|
|Brand Leaders Plus Income ETF||HBF||$0.0542 per unit||Monthly|
|Brand Leaders Plus Income ETF (US)||HBF.U||$0.0542 per unit||Monthly|
|Energy Leaders Plus Income ETF||HPF||$0.0583 per unit||Monthly|
|Energy Leaders Plus Income ETF (US)||HPF.U||$0.0583 per unit||Monthly|
|Tech Achievers Growth & Income ETF||HTA||$0.0583 per unit||Monthly|
|Tech Achievers Growth & Income ETF (US)||HTA.U||$0.0583 per unit||Monthly|
|Global REIT Leaders Income ETF||HGR||$0.0458 per unit||Monthly|
|US Equity Plus Income ETF||HUL||$0.1000 per unit||Quarterly|
|US Equity Plus Income ETF (US)||HUL.U||$0.1000 per unit||Quarterly|
For additional information: Please visit www.harvestportfolios.com, e-mail firstname.lastname@example.org or call toll free 1-866-998-8298.
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.