OAKVILLE, ON, March 10, 2021 /CNW/ – Harvest Portfolios Group Inc. (“Harvest”) is pleased to announce that the Harvest Travel & Leisure Index ETF (TSX: TRVL) (TSX: TRVL.U) has raised over $100 million (Class A and Class U units combined) in assets under management since its debut on the Toronto Stock Exchange.
Brought to the market on January 14th, 2021, Canada’s only Travel & Leisure ETF provides investors access to a diversified portfolio of large capitalization companies that own or operate travel related businesses.
The ETF is passively managed and follows the Solactive Travel & Leisure Index which tracks the 30 largest global travel-related companies by market capitalization.
“When we launched the Harvest Travel & Leisure Index ETF in January of this year, we anticipated there would be significant interest in Travel & Leisure companies – given the pent-up demand due to the Covid-19 pandemic restrictions combined with the tremendous potential of the sector,” said Michael Kovacs, President and CEO of Harvest. “The rapid growth of the ETF so far is a clear indicator of investor support for the sector in anticipation of the return to normal.”
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is a Canadian Investment Fund Manager managing over $1.3 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 Fund(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 Fund(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.
For further information: Please visit www.harvestportfolios.com, e-mail [email protected] or call toll free 1-866-998-8298.