Tech Achievers Growth & Income Fund Files Preliminary Prospectus


TORONTO, ONTARIO--(Marketwired - March 30, 2015) - Harvest Portfolios Group Inc. (the "Manager") is pleased to announce that a preliminary prospectus for Tech Achievers Growth & 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 Units at a price of $10.00 per Unit (the "Offering"). Prospective purchasers investing in the Fund will have the option of paying for Units in cash or by exchanging securities of issuers listed in the preliminary prospectus. Prospective purchasers under the exchange option are required to deposit their Exchange Eligible Securities prior to 5:00 p.m. (Toronto time) on April 24, 2015 in the manner described in the preliminary prospectus.

The Fund's investment objectives are 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 Equity Securities of Technology Achievers directly.

The Fund will invest in an equally-weighted Portfolio of Equity Securities of 20 Technology Issuers, which are issuers listed on a North American stock exchange that are included in the information technology, health care equipment, health care technology, wireless telecommunication services or electrical components and equipment sub-sectors of the Global Industry Classification Standards and whose underlying business includes, but is not limited to, the provision of technology related goods and services and that at the time of investment (i) have a market capitalization of at least US$10 billion, and (ii) have options in respect of their Equity Securities listed on a recognized options exchange.

In order to seek to generate additional returns, Highstreet Asset Management Inc. (the "Options Advisor") may sell call options each month on up to 33% of each of the Equity Securities held in the Portfolio.

The Manager 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 Unit per month ($0.70 per annum), representing an annual cash distribution of 7% based on the per Unit issue price.

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., Dundee Securities Ltd., PI Financial Corp., Desjardins Securities Inc., Global Securities Corporation and Industrial Alliance Securities Inc. (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 Options Advisor. The forward-looking statements are not historical facts but reflect the Fund's, the Manager's, and/or the Options Advisor'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 Options Advisor 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 Options Advisor 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.

A preliminary prospectus dated March 30, 2015 (the "Prospectus") containing important information relating to these securities has been filed with securities commissions or similar authorities in each of the provinces and territories of Canada. The Prospectus is still subject to completion or amendment. Copies of the Prospectus may be obtained from any of the Agents. There will not be any sale or any acceptance of an offer to buy the securities until a receipt for the final prospectus has been issued.

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

For further information: please contact Paul MacDonald at Harvest Portfolios Group Inc. at pmacdonald@harvestportfolios.com or at 1-866-998-8298; visit Harvest Portfolios Group Inc. online at www.harvestportfolios.com; or 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
www.harvestportfolios.com