OAKVILLE, ON, April 1, 2021 /CNW/ - Harvest Portfolios
Group Inc. ("Harvest") is pleased to announce the completion of the
initial offering of Class A Units and Class U Units of the Harvest
Space Innovation Index ETF pursuant to a prospectus dated
March 29, 2021, filed with the
securities regulatory authorities in all of the Canadian provinces
and territories. The Class A Units of the Harvest Space Innovation
Index ETF will commence trading on the TSX today under the
following ticker symbol: (TSX: ORBT) and Class U Units of the
Harvest Space Innovation Index ETF will commence trading on the TSX
today under the following ticker symbol: (TSX: ORBT.U). The
Harvest Space Innovation Index ETF ("ORBT") is designed to provide
Canadian investors access to the growing and dynamic space industry
sector.
ORBT seeks to replicate, to the extent reasonably possible and
before fees and expenses, the performance of the
Solactive Space Innovation Index. ORBT primarily invests
in large capitalization issuers that are engaged in the development
of products and services related to satellites, space probes, space
launches, space flight & tourism, space stations & habitats
and other space exploration related issuers that are listed on a
regulated stock exchange in North
America and select global developed markets.
"ORBT is another unique index ETF by Harvest and will provide
Canadian investors with access to some of the most prominent space
innovation companies in the world" said Michael Kovacs, President and CEO of Harvest.
"ORBT provides a portfolio that stands to benefit from the
burgeoning growth and development in the field of space innovation,
exploration, tourism and infrastructure."
About Harvest
Founded in 2009, Harvest is a Canadian Investment Fund Manager
managing over $1.4 billion in assets
for Canadian Investors. Harvest offers an innovative suite of
exchange traded funds, mutual funds and publicly-listed structured
fund products designed to satisfy the long-term growth and income
needs of investors. We pride ourselves in creating trusted
investment solutions that meet the expectations of our
investors.
You will usually pay brokerage fees to your dealer if you
purchase or sell units of the ETF(s) on the TSX. If the units are
purchased or sold on the TSX, investors may pay more than the
current net asset value when buying units of the ETF(s) and may
receive less than the current net asset value when selling them.
There are ongoing fees and expenses associated with owning units of
an investment fund. Investment funds are not guaranteed, their
values change frequently, and past performance may not be repeated.
An investment fund must prepare disclosure documents that contain
key information about the fund. You can find more detailed
information about the fund in these documents.
SOURCE Harvest Portfolios Group Inc.