Harvest announces listing of Harvest Space Innovation Index ETF
Harvest Portfolios Group Inc (Harvest) has completed the initial offering of Class A Units and Class U Units of the Harvest Space Innovation Index ETF pursuant to a prospectus dated 29 March 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 capitalisation issuers that are engaged in the development of products and services related to satellites, space probes, space launches, space flight and tourism, space stations and 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," says 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."