Mr. Michael Kovacs reports
HARVEST ANNOUNCES LISTING OF THE HARVEST PREMIUM YIELD GOLD ETF
Harvest ETFs has completed the initial offering of Class A units of the
Harvest Premium Yield Gold ETF
pursuant to a prospectus dated June 10, 2026, filed with the securities regulatory authorities in all of the Canadian provinces and territories. The Class A units of the
Harvest Premium Yield will commence trading on the Toronto Stock Exchange today under the following ticker symbol HPYG.
HPYG joins Harvest ETFs' Premium Yield exchange-traded fund offerings.
"HPYG represents a new way to access the gold complex, from exposure to bullion to access to the world's premier gold producers, while generating high monthly cash distributions through our active options strategy," said Michael Kovacs, chief executive officer of Harvest. "Harvest has always believed that income and growth don't have to be a perfect trade-off, and HPYG is an expression of that philosophy applied to one of the world's most enduring asset classes."
Distribution announcement
HPYG will pay a monthly distribution, and the first monthly distribution of 14 cents per Class A unit will be paid on or about Aug. 6, 2026, to unitholders of record on July 31, 2026, with an ex dividend date of July 31, 2026.
Investment objective
HPYG will seek to provide unitholders with: (i) the opportunity for capital appreciation; (ii) monthly cash distributions; and (iii) lower overall volatility of portfolio returns than would otherwise be experienced by owning securities of portfolio securities directly.
The ETF will provide exposure to the spot price of gold through gold bullion and leading global gold equities. It offers monthly cash distributions using an active option strategy of covered calls and puts on the securities held in the portfolio. The ETF will also employ leverage through a combination of written put options and cash borrowing to enhance growth potential and monthly cash distributions.
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