Latest news with #HBIX
Globe and Mail
2 days ago
- Business
- Globe and Mail
HBIX - Harvest: Bitcoin Enhanced Income ETF
Combining Bitcoin Exposure with Monthly Cash Flow The Harvest Bitcoin Enhanced Income ETF (HBIX) is designed for investors looking to gain exposure to the price of Bitcoin without owning the digital asset directly. What sets this fund apart is its covered call strategy, which targets consistent monthly distributions by writing options on Bitcoin futures. The ETF offers a balance between potential capital appreciation tied to Bitcoin and a focus on generating steady income in a traditionally volatile space. As part of Harvest ETFs' suite of income-generating investment products, HBIX aligns with the firm's goal of delivering solutions tailored for the modern investor. This ETF offers a regulated and accessible way for Canadians to tap into Bitcoin's growth potential while offsetting volatility with income. Now trading under the ticker HBIX on the TSX, the fund may appeal to investors interested in crypto exposure with income as part of their total return strategy. Key Points: To learn more about Harvest Bitcoin Enhanced Income ETF (HBIX), please click the request investor info button.
Business Wire
30-04-2025
- Business
- Business Wire
Cboe Canada Welcomes Harvest ETFs as Newest ETF Issuer
TORONTO--(BUSINESS WIRE)-- Cboe Canada Inc. (' Cboe Canada ') is excited to welcome Harvest Portfolios Group Inc. (' Harvest ETFs ') for their inaugural ETF launch on Cboe Canada. The Harvest Bitcoin Enhanced Income ETF and Harvest Bitcoin Leaders Enhanced Income ETF and provide exposure to bitcoin and operators within the bitcoin landscape and now trade on Cboe Canada under the symbols HBIX and HBTE, respectively. Harvest Bitcoin Enhanced Income ETF – (HBIX) is designed to offer capital appreciation and monthly cash distributions by investing in an exchange traded fund or portfolio of exchange traded funds which provide exposure to underlying price movements of the U.S. dollar price of bitcoin. The fund also employs a covered call strategy to provide monthly cash distributions. HBIX will use leverage to seek to achieve its investment objectives and will not hedge its foreign currency exposure. Harvest Bitcoin Leaders Enhanced Income ETF – (HBTE) aims to invest in issuers engaged in bitcoin related activities that at the time of investment have a market capitalization of US $250 million and securities listed on a developed market stock exchange. Issuers engaged in bitcoin related activities include bitcoin miners, bitcoin trading and wallets, bitcoin software and tech services, digital assets and services, payment processors and decentralized finance, transaction processing, staking, and issuers that pursue a strategy of holding bitcoin. To provide monthly cash distributions, HBTE will write covered calls. HBTE will use leverage to seek to achieve its investment objectives and will not hedge its foreign currency exposure. 'Harvest ETFs is excited to launch its first two Bitcoin ETFs – 'HBTE' and 'HBIX' – on the Cboe Canada exchange,' said Harvest ETFs President and CEO Michael Kovacs. 'We are happy to partner with Cboe Canada for the first time, gaining access to its next generation capital raising and liquidity solutions and exceptional client service.' 'These ETFs provide investors the opportunity to gain exposure to the Bitcoin ecosystem through HBTE and access the movement of the price of Bitcoin with HBIX,' said Michael Kovacs. 'Both are overlaid with an active covered call strategy and employ modest leverage to generate high monthly cash distributions.' Investors can trade units of all Harvest ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers. 'It is an honour to welcome Harvest ETFs to Cboe Canada and strengthen our marketplace with yet another leading fund issuer,' remarked Joacim Wiklander, President & CEO of Cboe Canada. 'Given that cryptocurrency remains a significant area of interest for Canadian investors, Harvest is addressing an important market demand by combining bitcoin exposure with complex investment methodologies. We're excited to build on this relationship and continue to bring more innovative ETF solutions to Canadian investors.' Cboe Canada is home to ETFs from Canada's largest ETF issuers, over 100 Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. Cboe consistently facilitates 15% of all volume traded in Canadian listed securities. Click here for a complete view of all Cboe-listed securities. About Cboe Canada Cboe Canada is a Tier 1 stock exchange providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data. Cboe Canada is part of Cboe Global Markets, the leading securities and derivatives exchange network. With exchanges in North America, Europe, and Asia Pacific, Cboe is harnessing its footprint around the world to equip Issuers with essential capital market solutions. Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge. About Harvest ETFs Founded in 2009, Harvest Portfolios Group Inc. is an Independent Canadian Investment Fund Manager. At Harvest, we believe in wealth creation and preservation through investment in leading businesses, long-term growth industries, or growth trends. Our philosophy guides the composition of all Harvest ETFs, including Harvest High Income Shares ETFs. These ETFs provide exposure to the long-term growth of US companies through single-stock ownership, overlaid with an active covered call writing strategy. Our range of income ETFs aim to deliver steady monthly income, allowing investors to choose the ETFs that best suit their needs. Our approach is designed to offer balanced and resilient portfolios, aligning with our commitment to delivering sustainable returns over the long term.
National Post
30-04-2025
- Business
- National Post
Cboe Canada Welcomes Harvest ETFs as Newest ETF Issuer
Article content TORONTO — Cboe Canada Inc. (' Cboe Canada ') is excited to welcome Harvest Portfolios Group Inc. (' Harvest ETFs ') for their inaugural ETF launch on Cboe Canada. The Harvest Bitcoin Enhanced Income ETF and Harvest Bitcoin Leaders Enhanced Income ETF and provide exposure to bitcoin and operators within the bitcoin landscape and now trade on Cboe Canada under the symbols HBIX and HBTE, respectively. Article content Harvest Bitcoin Leaders Enhanced Income ETF – ( HBTE) is designed to offer capital appreciation and monthly cash distributions by investing in an exchange traded fund or portfolio of exchange traded funds which provide exposure to underlying price movements of the U.S. dollar price of bitcoin. The fund also employs a covered call strategy to provide monthly cash distributions. HBIX will use leverage to seek to achieve its investment objectives and will not hedge its foreign currency exposure. Article content Harvest Bitcoin Enhanced Income ETF – ( HBIX) aims to invest in issuers engaged in bitcoin related activities that at the time of investment have a market capitalization of US $250 million and securities listed on a developed market stock exchange. Issuers engaged in bitcoin related activities include bitcoin miners, bitcoin trading and wallets, bitcoin software and tech services, digital assets and services, payment processors and decentralized finance, transaction processing, staking, and issuers that pursue a strategy of holding bitcoin. To provide monthly cash distributions, HBTE will write covered calls. HBTE will use leverage to seek to achieve its investment objectives and will not hedge its foreign currency exposure. Article content 'Harvest ETFs is excited to launch its first two Bitcoin ETFs – 'HBTE' and 'HBIX' – on the Cboe Canada exchange,' said Harvest ETFs President and CEO Michael Kovacs. 'We are happy to partner with Cboe Canada for the first time, gaining access to its next generation capital raising and liquidity solutions and exceptional client service.' Article content 'These ETFs provide investors the opportunity to gain exposure to the Bitcoin ecosystem through HBTE and access the movement of the price of Bitcoin with HBIX,' said Michael Kovacs. 'Both are overlaid with an active covered call strategy and employ modest leverage to generate high monthly cash distributions.' Article content Investors can trade units of all Harvest ETFs through their usual investment channels, including discount brokerage platforms and full-service dealers. Article content 'It is an honour to welcome Harvest ETFs to Cboe Canada and strengthen our marketplace with yet another leading fund issuer,' remarked Joacim Wiklander, President & CEO of Cboe Canada. 'Given that cryptocurrency remains a significant area of interest for Canadian investors, Harvest is addressing an important market demand by combining bitcoin exposure with complex investment methodologies. We're excited to build on this relationship and continue to bring more innovative ETF solutions to Canadian investors.' Article content Cboe Canada is home to ETFs from Canada's largest ETF issuers, over 100 Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. Cboe consistently facilitates 15% of all volume traded in Canadian listed securities. Click here for a complete view of all Cboe-listed securities. Article content Cboe Canada is a Tier 1 stock exchange providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists investment products and companies seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data. Article content Cboe Canada is part of Cboe Global Markets, the leading securities and derivatives exchange network. With exchanges in North America, Europe, and Asia Pacific, Cboe is harnessing its footprint around the world to equip Issuers with essential capital market solutions. Article content Cboe powers ETF Market Canada, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge. Article content Founded in 2009, Harvest Portfolios Group Inc. is an Independent Canadian Investment Fund Manager. At Harvest, we believe in wealth creation and preservation through investment in leading businesses, long-term growth industries, or growth trends. Our philosophy guides the composition of all Harvest ETFs, including Harvest High Income Shares ETFs. These ETFs provide exposure to the long-term growth of US companies through single-stock ownership, overlaid with an active covered call writing strategy. Our range of income ETFs aim to deliver steady monthly income, allowing investors to choose the ETFs that best suit their needs. Our approach is designed to offer balanced and resilient portfolios, aligning with our commitment to delivering sustainable returns over the long term. Article content Article content Article content Article content Article content
National Post
30-04-2025
- Business
- National Post
Harvest ETFs Announces listing of New Bitcoin ETFs on Cboe Canada Exchange
Article content OAKVILLE, Ontario — Harvest Portfolios Group Inc. ('Harvest' 'Harvest ETFs') is pleased to announce the completion of the initial offering of Class A Units of the Harvest Bitcoin Enhanced Income ETF and Class A Units of the Harvest Bitcoin Leaders Enhanced Income ETF pursuant to a prospectus dated April 4, 2025, filed with the securities regulatory authorities in all of the Canadian provinces and territories. The Class A Units of the Harvest Bitcoin Enhanced Income ETF will commence trading on the Cboe Canada ('Cboe') exchange today under the following ticker symbol: Cboe:HBIX ('HBIX'). The Class A units of the Harvest Bitcoin Leaders Enhanced Income ETF will commence trading on the Cboe exchange today under the following ticker symbol: Cboe:HBTE ('HBTE'). Article content Article content Distribution Announcement Article content HBIX will pay a quarterly distribution of $0.24 CAD per Class A Unit and the first monthly distribution will be paid on or about June 9, 2025 to unitholders of record on May 30, 2025 with an ex-dividend date of May 30, 2025. Article content HBTE will pay a monthly distribution of $0.33 CAD per Class A Unit and the first monthly distribution will be paid on or about June 9, 2025 to unitholders of record on May 30, 2025 with an ex-dividend date of May 30, 2025. Article content 'Harvest is pleased to initiate offerings with Crypto exposure with these two innovative ETFs,' said Michael Kovacs, President and CEO of Harvest, 'We believe that Bitcoin offers a unique growth profile as demand for this digital asset continues to grow while long term supply is limited.' Article content HBIX seeks to provide Unitholders with (i) long-term capital appreciation through purchasing and holding, on a levered basis, an exchange traded fund or portfolio of exchange traded funds which provide exposure to the underlying price movements of the U.S. dollar price of bitcoin, and (ii) high monthly cash distributions. To achieve lower overall volatility of portfolio returns, Harvest Bitcoin Enhanced Income ETF will generally write covered call options on up to 50% of the option eligible portfolio securities held in the portfolio of the Harvest ETF. The level of covered call option writing may vary based on market volatility and other factors. Article content HBTE will invest, on a levered basis, in securities of Bitcoin Leaders (as defined below) selected by the Manager to seek to provide Unitholders with (i) monthly cash distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would otherwise be experienced by owning securities of the selected Bitcoin Leaders directly on a levered basis. To achieve lower overall volatility of portfolio returns, Harvest Bitcoin Leaders Enhanced Income ETF will generally write covered call options on up to 50% of the option eligible portfolio securities held in the portfolio of the Harvest ETF. The level of covered call option writing may vary based on market volatility and other factors. Article content For additional information: Please visit e-mail info@ or call toll free 1-866-998-8298. Article content Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $6 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth through the long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs. Our core offerings centre around covered call strategies, available in many variations: Equity, Enhanced, Fixed Income, Multi Asset, Specialty, Digital Assets and Single Stock ETFs. Article content You will usually pay brokerage fees to your dealer if you purchase or sell shares of the investment fund on the Cboe. If the shares are purchased or sold on the Cboe, investors may pay more than the current net asset value when buying shares of the investment fund and may receive less than the current net asset value when selling them. There are ongoing fees and expenses associated with owning shares of an investment fund. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated. Distributions are paid to you in cash unless you request, pursuant to your participation in a distribution reinvestment plan, that they be reinvested into Class A units of the Fund. If the Fund earns less than the amounts distributed, the difference is a return of capital. An investment fund must prepare disclosure documents that contain key information about the investment fund. You can find more detailed information about the investment fund in these documents. Article content Article content Article content Article content Article content
Associated Press
30-04-2025
- Business
- Associated Press
Harvest ETFs Announces listing of New Bitcoin ETFs on Cboe Canada Exchange
OAKVILLE, Ontario--(BUSINESS WIRE)--Apr 30, 2025-- Harvest Portfolios Group Inc. ('Harvest' 'Harvest ETFs') is pleased to announce the completion of the initial offering of Class A Units of the Harvest Bitcoin Enhanced Income ETF and Class A Units of the Harvest Bitcoin Leaders Enhanced Income ETF pursuant to a prospectus dated April 4, 2025, filed with the securities regulatory authorities in all of the Canadian provinces and territories. The Class A Units of the Harvest Bitcoin Enhanced Income ETF will commence trading on the Cboe Canada ('Cboe') exchange today under the following ticker symbol: Cboe:HBIX ('HBIX'). The Class A units of the Harvest Bitcoin Leaders Enhanced Income ETF will commence trading on the Cboe exchange today under the following ticker symbol: Cboe:HBTE ('HBTE'). Distribution Announcement HBIX will pay a quarterly distribution of $0.24 CAD per Class A Unit and the first monthly distribution will be paid on or about June 9, 2025 to unitholders of record on May 30, 2025 with an ex-dividend date of May 30, 2025. HBTE will pay a monthly distribution of $0.33 CAD per Class A Unit and the first monthly distribution will be paid on or about June 9, 2025 to unitholders of record on May 30, 2025 with an ex-dividend date of May 30, 2025. 'Harvest is pleased to initiate offerings with Crypto exposure with these two innovative ETFs,' said Michael Kovacs, President and CEO of Harvest, 'We believe that Bitcoin offers a unique growth profile as demand for this digital asset continues to grow while long term supply is limited.' Investment Objectives HBIX seeks to provide Unitholders with (i) long-term capital appreciation through purchasing and holding, on a levered basis, an exchange traded fund or portfolio of exchange traded funds which provide exposure to the underlying price movements of the U.S. dollar price of bitcoin, and (ii) high monthly cash distributions. To achieve lower overall volatility of portfolio returns, Harvest Bitcoin Enhanced Income ETF will generally write covered call options on up to 50% of the option eligible portfolio securities held in the portfolio of the Harvest ETF. The level of covered call option writing may vary based on market volatility and other factors. HBTE will invest, on a levered basis, in securities of Bitcoin Leaders (as defined below) selected by the Manager to seek to provide Unitholders with (i) monthly cash distributions; (ii) the opportunity for capital appreciation; and (iii) lower overall volatility of portfolio returns than would otherwise be experienced by owning securities of the selected Bitcoin Leaders directly on a levered basis. To achieve lower overall volatility of portfolio returns, Harvest Bitcoin Leaders Enhanced Income ETF will generally write covered call options on up to 50% of the option eligible portfolio securities held in the portfolio of the Harvest ETF. The level of covered call option writing may vary based on market volatility and other factors. For additional information: Please visit e-mail [email protected] or call toll free 1-866-998-8298. Harvest ETFs invites you to subscribe to our monthly commentary newsletter. By subscribing through the following link, you will receive timely insights, analyses and perspectives directly to your inbox: For media inquiries: Contact Caroline Grimont, VP Marketing at [email protected] Investment Dealers can access and download certain regulatory documents relating to HBIX and HBTE such as the ETF Facts and prospectus via the Harvest website at About Harvest Portfolios Group Inc. Founded in 2009, Harvest is an independent Canadian Investment Fund Manager managing $6 billion in assets for Canadian Investors. At Harvest ETFs, we believe that investors can build and preserve wealth through the long-term ownership of high-quality businesses. This fundamental philosophy is at the core of our investment approach across our range of ETFs. Our core offerings centre around covered call strategies, available in many variations: Equity, Enhanced, Fixed Income, Multi Asset, Specialty, Digital Assets and Single Stock ETFs. ____________________________ E-mail: [email protected] Toll free: 1-866-998-8298 ________________________________ ________________________________ Twitter: Facebook: YouTube: Spotify: ________________________________View source version on CONTACT: For Additional Information: Website: E-mail:[email protected] Toll free: 1-866-998-8298 KEYWORD: NORTH AMERICA CANADA INDUSTRY KEYWORD: ASSET MANAGEMENT PROFESSIONAL SERVICES FINANCE SOURCE: Harvest Portfolios Group Inc. Copyright Business Wire 2025. PUB: 04/30/2025 07:30 AM/DISC: 04/30/2025 07:29 AM
