HARVEST Canadian Income & Growth Fund Completes Warrant Exercise Raising an Additional $12,730,632
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Thursday, December 01, 2011 - Marketwire Breaking News
OAKVILLE, ONTARIO--(Marketwire - Dec. 1, 2011) - Harvest Portfolios Group Inc. (the "Manager") is pleased to announce that the HARVEST Canadian Income & Growth Fund (the " Fund") (TSX:HCF.UN) issued an additional 1,060,886 Trust Units of the Fund at the close of business November 30, 2011. Through the Warrant exercise the Fund raised additional proceeds of $12,730,632.
The Fund was established to provide unitholders with attractive monthly distributions and to maximize long-term total returns while reducing volatility by investing in an actively managed portfolio comprised primarily of dividend-paying securities of publicly-traded utilities, industrials, communications, real estate and retail issuers domiciled in Canada. "The HARVEST Canadian Income & Growth Fund is a core Canadian Equity Income Fund that provides investors with access to solid and stable sectors. The fund will continue to invest in these sectors to provide our unitholders with quality, transparency and steady income for the long term" said Michael Kovacs, President & CEO of HARVEST Portfolios Group.
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