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Harvest Portfolios Group Inc. Announces Completion of Initial Offering of High Income Equity Shares ETF

Strategic Insights

— 1 min read

Harvest Portfolios Group Inc. ("Harvest", "Harvest ETFs") has completed the initial offering of Class A Units of the Harvest High Income Equity Shares ETF ("HHIH"), listed on the Toronto Stock Exchange (TSX) under the ticker symbol HHIH:TSX. This new ETF offers un-levered access to a portfolio of leading US stocks with a growth potential, similar to the underlying single stocks held in Harvest Diversified High Income Shares ETF (HHIS:TSX). The fund is designed to generate high monthly cash distributions through an active covered call strategy. "We're excited to add this new investor offering to complement the proven success of HHIS on an unlevered basis," said Michael Kovacs, President and CEO of Harvest ETFs. "HHIH is designed to capture a diverse selection of companies positioned for strong growth while delivering high levels of monthly cash distributions for investors."

Key Takeaways:

  • Harvest Portfolios Group Inc. has completed the initial offering of Class A Units of the Harvest High Income Equity Shares ETF (HHIH).
  • The ETF will trade on the TSX under the ticker symbol HHIH:TSX starting from [no specific date mentioned].
  • HHIH provides un-levered access to the growth potential of a portfolio of leading and trending US stocks similar to the underlying single stocks held in HHIS.
  • The fund employs an active covered call strategy designed to generate high monthly cash distributions.
  • HHIH aims to provide unitholders with (i) high monthly cash distributions, (ii) the opportunity for capital appreciation, and (iii) lower overall volatility of portfolio returns.
  • The level of covered call option writing may vary based on market volatility and other factors, and may be up to 50% of the equity securities held directly by HHIH.

Statistics:

  • The first monthly distribution of $0.185 per Class A Unit will be paid on or about October 9, 2025.
  • The ex-dividend date is set for September 29, 2025.
  • HHIH aims to achieve lower overall volatility of returns, with the covered call option writing strategy in place.

Sources:

  • Harvest Portfolios Group Inc. news release dated August 12, 2025.

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