Harvest ETFs Files Prospectus Amendment for New USD Class Units
On October 3, 2025, Harvest Portfolios Group Inc. officially announced the submission of a prospectus amendment aimed at launching a USD Class of its Harvest Diversified High Income Shares ETF (ticker symbol: HHIS.U). This amendment is associated with the initial offering documented in a prospectus dated January 8, 2025, which was subsequently updated on September 23, 2025. The new Class U units are poised to begin trading on the Toronto Stock Exchange (TSX) in US dollars on October 7, 2025.
The filing seeks to provide investors with broader options in the high income sector. Alongside the introduction of the USD Class, the investment strategy for both Class A and Class U units of the ETF will be enhanced. The previously imposed limit of 15 exchange-traded mutual funds managed by the firm within the ETF portfolio has been lifted, allowing for greater flexibility and diversity in investment choices.
Strategic Expansion and Expectations for Enhanced Income ETFs
In addition to the new Class U units, Harvest ETFs is integrating several of its recently launched Enhanced High Income Shares ETFs into the HHIS portfolio. These include the Harvest Circle (CRCY:TSX), Harvest Reddit (RDDY:TSX), Harvest Robinhood (HODY:TSX), and Harvest SoFi (SOFY:TSX), all of which commenced trading on October 1, 2025. The company anticipates that these funds will be incorporated into the HHIS portfolio by the end of October, broadening the investment spectrum available to unit holders.
Investment Objectives and Approach
The primary goal of the HHIS is to deliver substantial monthly cash distributions while also providing opportunities for capital growth. This will be achieved through a strategic investment framework involving a range of exchange-traded mutual funds managed by Harvest. These funds will primarily focus on single equity securities and employ covered call strategies. To enhance returns, the HHIS will utilize leverage, which may include cash borrowings in compliance with applicable securities regulations.
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is an independent Canadian investment management firm overseeing assets exceeding $9 billion for Canadian investors. The firm emphasizes the long-term ownership of quality businesses as the cornerstone of its investment philosophy. With a diverse array of ETFs, including various covered call strategies, Harvest ETFs aims to assist investors in wealth accumulation and preservation.
For further details about the new offerings or to subscribe to their monthly commentary newsletter, investors can visit the company’s website or contact their support team directly.
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