OAKVILLE, ON, Might 20, 2021 /CNW/ – Harvest Portfolios Group Inc., supervisor of the Blockchain Applied sciences ETF (“HBLK”), is happy to announce a portfolio holdings replace following the newest quarterly reconstitution. HBLK tracks the Harvest Blockchain Applied sciences Index (“the Index”), a cross part of devoted blockchain and enormous capitalization expertise corporations which might be engaged in blockchain applied sciences. Over time, because the universe of devoted blockchain corporations grows, the Index can have progressively increased weightings in direction of that section at pre-defined phases.
“Now simply greater than three years because the launch of Canada’s first Blockchain ETF, we’re delighted to see that this quarter the Index moved into stage 3, representing a 75% weighting in direction of devoted blockchain corporations throughout 37 North American listed securities and 25% allotted in direction of 10 giant capitalization expertise corporations,” commented Michael Kovacs, President & CEO of Harvest Portfolios Group Inc., “The worldwide adoption of Blockchain continues to collect momentum and HBLK is positioned to progressively profit from that development.”
HBLK portfolio holdings are rebalanced and reconstituted quarterly. The up to date portfolio constituents have been posted to the Harvest Portfolios Group Inc. web site.
About Harvest Portfolios Group Inc.
Based in 2009, Harvest is a Canadian Funding Fund Supervisor managing over $1.5 billion in property for Canadian Buyers. Harvest affords an revolutionary suite of alternate traded funds, mutual funds and publicly-listed structured fund merchandise designed to fulfill the long-term development and revenue wants of traders. We satisfaction ourselves in creating trusted funding options that meet the expectations of our traders.
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Sure statements included on this communication represent forward-looking statements. These ahead trying statements are topic to a lot of dangers and uncertainties that would trigger precise outcomes or occasions to vary materially from present expectations. The Fund, Harvest and the Supervisor of the Fund undertakes no obligation to replace publicly or in any other case revise any forward-looking assertion or info whether or not because of new info, future occasions or different such elements which have an effect on this info, besides as required by legislation.
SOURCE Harvest Portfolios Group Inc.
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