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.