Financings
Harvest ETFs complete initial offering, begin trading

NOVY · Price
Executive Summary
- Harvest Portfolios Group Inc. launched six new Harvest Enhanced High‑Income Shares ETFs on the Toronto Stock Exchange, expanding its single‑stock ETF lineup to 25 U.S. names and making it the largest issuer of such products in Canada.
- The Class A units began trading today under newly assigned ticker symbols; initial monthly variable distributions are scheduled for ≈ March 6 2026 (record date Feb 27 2026).
- The offerings were completed pursuant to a prospectus dated Jan. 8 2026 and are structured as levered, single‑stock ETFs targeting high monthly cash distributions and long‑term capital appreciation.
Key Details
- Offering Completion: Initial offering of Class A units for six Harvest Enhanced High‑Income Shares ETFs has been completed per the prospectus filed Jan. 8 2026.
- Trading Commencement: Units commence trading on the Toronto Stock Exchange today; ticker symbols are listed in the release’s table (not reproduced here).
- Distribution Schedule: First variable distribution payable ≈ Mar 6 2026 to unitholders of record Feb 27 2026; ex‑dividend date also Feb 27 2026. Initial per‑unit distribution amounts are provided in the release’s table.
- Product Scope: Each ETF holds a single U.S. common stock on a levered basis, aiming for high monthly cash distributions and long‑term capital appreciation.
- Portfolio Expansion: The launch adds to Harvest’s existing U.S. single‑stock ETF suite, bringing the total to 25 names and solidifying its position as Canada’s largest single‑stock ETF issuer.
- CEO Comment: Michael Kovacs (CEO) highlighted that the new ETFs “expand our U.S. single stock line up to 25 names…providing a wide variety of investment vehicles for Canadian investors.”
Notable Quotes
“The launch of these new Harvest Enhanced High Income Shares ETFs expands our U.S. single stock line up to 25 names. With the combined U.S. and Canadian ETFs, Harvest is the largest issuer of single stock ETFs in Canada, providing a wide variety of investment vehicles for Canadian investors,” – Michael Kovacs, Chief Executive Officer.