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OAKVILLE, ON, Nov. 5, 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 Sports & Entertainment Index ETF pursuant to a prospectus dated November 01, 2021, filed with the securities regulatory authorities in all of the Canadian provinces and territories. The Class A Units of the Harvest Sports & Entertainment Index ETF will commence trading on the TSX today under the following ticker symbol:(TSX: HSPN) and Class U Units of the Harvest Sports & Entertainment Index ETF will commence trading on the TSX today under the following ticker symbol: (TSX: HSPN.U) The Harvest Sports & Entertainment Index ETF (“HSPN”) is designed to provide Canadian investors access to the growing and dynamic sports & entertainment industry sector.
HSPN seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Sports & Entertainment Index. The Solactive Sports & Entertainment Index primarily includes issuers that are engaged in iGambling, eGaming, sports equipment & apparel, event bookings & entertainment and professional sports that are listed on a regulated stock exchange in North America and select global developed markets.
“We are pleased to bring another new and exciting ETF to Canadian investors” said Michael Kovacs, President and CEO of Harvest. “HSPN will encapsulate the fast growth of the eGaming and iGambling industries, combined with the steady growth of sports teams, merchandizing, ticketing and apparel. As entry gates open around the world again, so does the enthusiasm for all things sports. Investors can now invest in the areas they love to participate in.”
About Harvest
Founded in 2009, Harvest is a Canadian Investment Fund Manager managing over $1.9 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.
For further information: Please visit www.harvestportfolios.com, e-mail [email protected] or call toll free 1-866-998-8298.
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