Harvest ETFs

Website: harvestportfolios.com

Head office address (Canada): 610 Chartwell Rd., Suite 204, Oakville, ON L6J 4A5

Year established: 2009

Ownership structure: private, Canadian-owned; operates as an independent investment fund manager

Target market/client profile: retail and institutional investors seeking monthly income, long-term capital growth, and tax-efficient distributions through exchange-traded funds

Number of professional staff: over 30

Canadian office locations: Oakville (head office) and team members across Canada

Harvest ETFs is the investment fund brand of Harvest Portfolios Group Inc., a private Canadian fund manager based in Oakville. The firm lists 74 ETFs on the TSX and CBOE across equity income, fixed income, digital assets, and single stock strategies. Its AUM reached $11 billion as at March 31, 2026.

History of Harvest ETFs

Harvest Portfolios Group Inc. started in 2009 during the global financial crisis. Michael Kovacs, an investment management veteran, studied how markets behaved through the downturn.

He found that companies with solid fundamentals held their ground while others struggled. That idea became the basis for Harvest Portfolios Group when Kovacs founded it later that year.

From private manager to public platform

The firm spent its first seven years running private investment funds out of Oakville. In 2016, it took a bigger step and listed Harvest ETFs on the Toronto Stock Exchange.

That listing gave Canadian retail investors direct access to the firm's covered call income strategy for the first time. From there, Harvest ETFs grew its fund lineup across equity income, fixed income, and specialty categories over the following years.

Building out the product lineup

By 2024, the firm was ready to take its strategy in a new direction. Harvest ETFs rolled out its High Income Shares ETFs that year, a single stock ETF platform designed to pay high monthly income. In 2025, the firm brought that same platform to well-known Canadian companies as underlying holdings.

Harvest ETFs' growth

April 2026 brought a round of fund rebrands, with eight Harvest ETFs taking on new names under an updated naming convention. Since its founding, the firm has paid out $2.5 billion in cumulative distributions to investors, a figure that includes reinvested distributions.

Harvest ETFs products and services

Harvest ETFs offers funds across several income and growth categories:

Equity income ETFs

  • Income Leaders ETFs: established companies with covered call income
  • enhanced income ETFs: leveraged equity funds for higher cashflow
  • premium yield ETFs: higher income-focused equity funds

Fixed income and multi-asset ETFs

  • fixed income ETFs: short, intermediate, and long duration government bonds
  • multi-asset ETFs: equities, bonds, and money market instruments combined

Single stock and digital asset ETFs

  • High Income Shares ETFs: single stock funds with covered call income
  • digital assets ETFs: crypto and blockchain funds with monthly income

Specialty and structured funds

  • specialty ETFs: sector funds across technology, healthcare, and energy
  • structured funds: closed-end split corporation funds for income and growth

Harvest ETFs applies covered call option writing across most of its fund categories as its primary income mechanism.

Leadership and governance

Michael Kovacs founded Harvest Portfolios Group Inc. in 2009 and serves as its CEO and board chair. Before that, he held senior sales and distribution roles at Sentry Select Capital, ING Funds, and AIC Limited. Kovacs studied at York University's Faculty of Liberal Arts and Professional Studies.

Kovacs leads the firm alongside these senior members of the Harvest ETFs team:

  • Mary Medeiros as co-founder and COO
  • Paul MacDonald, CFA as president and co-chief investment officer
  • James Learmonth, CFA as co-chief investment officer and portfolio manager
  • Daniel Lazzer, CPA, CA as CFO
  • David Balsdon as chief compliance officer
  • Caroline Grimont, MBA as chief marketing officer

Harvest Portfolios Group runs a team across investment management, operations, compliance, and marketing.

Client base and market focus

Harvest ETFs serves retail and institutional investors across Canada. Its funds trade on the TSX and Cboe Global Markets, making them accessible to individual investors, financial advisors, and institutional accounts.

The firm covers both ends of the market through its product range and a dedicated vice-president for institutional and national accounts.

Retail and institutional investors

Harvest ETFs builds its product lineup around two broad investor needs: monthly income and long-term capital growth. Income-focused investors gravitate toward its covered call strategies, while its specialty and digital asset funds suit those looking for sector-specific growth exposure.

The firm also offers levered and non-levered versions of select funds in both CAD and USD to give investors more flexibility.

Investment insights and market commentary

The company's investment team contributes regularly to industry conversations on market conditions. Harvest ETFs' portfolio manager Mike Dragosits spoke to BPM in January 2026 about Canadian energy equity and the Venezuela oil market risk. His views are relevant to institutional investors watching Canadian energy sector exposure in their portfolios.

Awards, recognition, and industry involvement

Harvest ETFs has earned recognition for its fund performance and leadership team across independent fund analytics firms and industry publications. The company also supports community organizations in its home city of Oakville.

Awards and recognition

  • 2025 FundGrade A+ Award: Harvest Healthcare Leaders Income ETF recognized by Fundata Canada
  • 2024 LSEG Lipper Award: Harvest Tech Achievers Growth & Income ETF, best sector equity fund
  • WP Awards 2026 excellence awardees:
    • ETF Provider of the Year: Harvest ETFs
    • CEO of the Year: Michael Kovacs
    • Fund Manager Innovator of the Year: Paul MacDonald
  • BPM Elite Women 2025: featured co-founder and COO Mary Medeiros

Community and industry involvement

Harvest ETFs is a corporate sponsor of Kerr Street Mission, a non-profit organization in Oakville. The organization provides food, housing support, and community programs to families and individuals in need.

On the industry side, Mike Dragosits spoke to BPM in 2026 about Fed independence and its impact on fixed income and equity markets. His take helps fixed income investors understand how political pressure on the Fed could reshape rate expectations.

The latest Harvest ETFs news

Powell’s investigation risks backfiring as investors question future of Fed independence

'The structure of the Fed would still make a hostile takeover difficult', says Mike Dragosits

Venezuela risk to Canadian economy 'an overreaction'

Is Trump’s Venezuela oil play a threat to Canadian energy or overblown political theatre? Investment experts weigh in

Even at 50bps, was the Fed cut just following the market?

CIO explains why Powell cut deeper than expected and whether the Fed is still behind

Why are pharmaceutical stocks so bifurcated this year?

Chief Investment Officer outlines why some pharma companies have struggled while others have soared and one might even be joining the 'magnificent seven'

What happened to healthcare stocks in 2023?

CIO talks through underperformance, long-term trends, and weight loss drugs as he looks ahead to 2024

Why so many issuers just launched high yield bond ETFs

Three providers explain why they like bonds with covered calls now, how advisors can differentiate between very similar products