Energy Leaders Plus Income Fund Files Final Prospectus


TORONTO, ONTARIO--(Marketwired - Sept. 25, 2014) -

NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES

Harvest Portfolios Group Inc. (the "Manager") is pleased to announce that a final prospectus for Energy Leaders Plus Income Fund (the "Fund") has been filed with, and a receipt therefor issued by, the securities regulatory authorities in each of the provinces and territories of Canada.

The Fund proposes to issue Class A Units and Class U Units at a price of $10.00 per Class A Unit and US$10.00 per Class U Unit (the "Offering"). The Toronto Stock Exchange has conditionally approved the listing of Class A Units and upon the Fund fulfilling all the listing requirements, the Class A Units will be listed on the Toronto Stock Exchange under the symbol HPF.UN. The Offering is scheduled to close on October 21, 2014.

The Fund's investment objectives are 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 equity securities of Energy Leaders directly.

The Fund will invest in a portfolio (the "Portfolio") of exchange-listed equity securities of Energy Issuers, which are issuers included in the Energy sector of the Global Industry Classification Standards and whose underlying business includes, but is not limited to, the exploration, extraction, refining, transportation, or marketing of oil and/or gas and related products that (i) have a market capitalization of at least $10 billion at the time of investment; (ii) are currently paying a dividend/distribution; (iii) have options in respect of their equity securities listed on a recognized options exchange; and (iv) have operations and/or offices in at least two countries.

In order to seek to generate additional returns, Highstreet Asset Management Inc. (the "Investment Manager" or "Highstreet") may sell call options each month on up to 33% of each of the equity securities held in the Portfolio.

Highstreet will be responsible for the execution of the Fund's overall investment strategy, including managing the composition of the Portfolio.

The indicative distribution amount will be $0.0583 per Class A Unit per month ($0.70 per annum) or US$0.0583 per Class U Unit per month (US$0.70 per annum), in each case, representing an annual cash distribution of 7% based on the per Unit issue price. The initial cash distribution is anticipated to be payable on or before December 15, 2014 to Unitholders of record on November 28, 2014.

The syndicate of agents for the Offering is being co-led by BMO Capital Markets, CIBC and Scotiabank, and includes National Bank Financial Inc., Canaccord Genuity Corp., GMP Securities L.P., Raymond James Ltd., Desjardins Securities Inc., Global Securities Corporation, Burgeonvest Bick Securities Limited, Dundee Securities Ltd., Industrial Alliance Securities Inc., Mackie Research Capital Corporation and Manulife Securities Incorporated (collectively, the "Agents").

Certain statements included in this news release constitute forward-looking statements, including, but not limited to, those identified by the expressions "expect", "intend", "will" and similar expressions to the extent they relate to the Fund, the Manager and/or the Investment Manager. The forward-looking statements are not historical facts but reflect the Fund's, the Manager's, and/or the Investment Manager's current expectations regarding future results or events. These forward-looking statements are subject to a number of risks and uncertainties that could cause actual results or events to differ materially from current expectations. Although the Fund, the Manager, and/or the Investment Manager believes that the assumptions inherent in the forward-looking statements are reasonable, forward-looking statements are not guarantees of future performance and, accordingly, readers are cautioned not to place undue reliance on such statements due to the inherent uncertainty therein. The Fund, the Manager and/or the Investment Manager undertakes no obligation to update publicly or otherwise revise any forward-looking statement or information whether as a result of new information, future events or other such factors which affect this information, except as required by law.

This Offering is only made by a prospectus dated September 24, 2014 (the "Prospectus"). The Prospectus contains important information relating to the securities being offered. Copies of the Prospectus may be obtained from any of the Agents. Investors should read the Prospectus before making an investment decision.

All capitalized terms noted herein but not defined are as defined in the Prospectus.

For additional information or a copy of the Prospectus, please contact your registered financial advisor.

Contact Information:

Harvest Portfolios Group Inc.
Paul MacDonald
1-866-998-8298
pmacdonald@harvestportfolios.com