OAKVILLE, ON, June 14, 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 $200 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.
"Investors continue to see the opportunity in the recovering
Global Travel Industry. We believe the growth dynamic that
was in place before the Pandemic will return to its normal
long-term trend," said Michael
Kovacs, President and CEO of Harvest.
About Harvest Portfolios Group Inc.
Founded in 2009, Harvest is a Canadian Investment Fund Manager
managing over $1.6 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.