Harvest ETFs has launched the Harvest Premium Yield Gold ETF, expanding its range of premium yield exchange-traded funds with a strategy combining gold exposure and monthly income.

Harvest exchange traded funds (ETFs) has listed the Harvest Premium Yield Gold ETF (HPYG) on the Toronto Stock Exchange (TSX) following the completion of its initial offering under a prospectus dated 10 June. The ETF began trading on the TSX under the ticker HPYG. The ETF employs leverage through a combination of written put options and cash borrowing  The ETF aims to provide investors with capital appreciation, monthly cash distributions and lower portfolio volatility than holding the