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New ETF Launch: Harvest Portfolios Group Inc. has expanded its High Income Shares™ suite with the introduction of the Harvest Canadian High Income Shares ETF (TSX: HHIC) and 10 new single-stock ETFs focused on high income from Canadian companies.
Investor Demand: The launch follows strong interest from Canadian investors in high monthly income products, leading to over $2.5 billion in assets under management for the High Income Shares™ suite since earlier this year.
Product Offerings: The new ETFs include both levered and unlevered options, allowing investors to choose between broad exposure to Canadian blue-chip companies or targeted investments in U.S. high-growth stocks.
Company Background: Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing over $8 billion in assets, focusing on long-term wealth building through high-quality business ownership and covered call strategies.
