Harvest Announces Portfolio Holdings Update for Blockchain Technologies ETF

November 19, 2021

OAKVILLE, ON, Nov. 19, 2021 /CNW/ – Harvest Portfolios Group Inc., manager of the Blockchain Technologies ETF (“HBLK”), is pleased to announce a portfolio holdings update following the most recent quarterly reconstitution.  HBLK tracks the Harvest Blockchain Technologies Index (“the Index”), a cross section of dedicated blockchain and large capitalization technology companies that are engaged in blockchain technologies. Over time, as the universe of dedicated blockchain companies grows, the Index will have progressively higher weightings towards that segment at pre-defined stages. 

“It’s been nearly 4 years since the launch of Canada’s first Blockchain ETF and we are delighted to see that this quarter the Index moved into stage 4, representing a 85% weighting towards dedicated blockchain companies across 44 North American listed securities and 15% allocated  towards 10 large capitalization technology companies.”,  commented Michael Kovacs, President & CEO of Harvest Portfolios Group Inc., “The global adoption of Blockchain continues to gather momentum and HBLK is positioned to progressively benefit from that growth. HBLK is one of Canada’s best performing ETFs over a one year and two year period as at October 31, 2021“.

Performance as at October 31, 2021

 Year To Date 

 1 Year

 2 Year

 3 Year

 Since Inception 

 73.71%

 138.58% 

 111.19% 

 63.78% 

 31.13%

HBLK portfolio holdings are rebalanced and reconstituted quarterly.  The updated portfolio constituents have been posted to the Harvest Portfolios Group Inc. website.

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Disclaimer

For Information Purposes Only. Commissions, management fees and expenses all may be associated with investing in HARVEST Exchange Traded Funds (managed by Harvest Portfolios Group Inc.) Please read the relevant prospectus before investing. The funds are not guaranteed, their values change frequently and past performance may not be repeated. This communication should not be considered as advice and/or a recommendation to purchase or sell the mentioned securities or used to engage in personal investment strategies. Tax, investment and all other decisions should be made with guidance from a qualified professional.

Certain statements in the Harvest Blog are forward looking Forward-looking statements (“FLS”) are statements that are predictive in nature, depend upon or refer to future events or conditions, or that include words such as “may,” “will,” “should,” “could,” “expect,” “anticipate,” “intend,” “plan,” “believe,” or  “estimate,” or other similar expressions. Statements that look forward in time or include anything other than historical information are subject to risks and uncertainties, and actual results, actions or events could differ materially from those set forth in the FLS.

FLS are not guarantees of future performance and are by their nature based on numerous assumptions, which include, amongst other things, that (i) the Fund can attract and maintain investors and have sufficient capital under management to effect their investment strategies, (ii) the investment strategies will produce the results intended by the portfolio managers, and (iii) the markets will react and perform in a manner consistent with the investment strategies. Although the FLS contained herein are based upon what the portfolio manager believe to be reasonable assumptions, the portfolio manager cannot assure that actual results will be consistent with these FLS.

Unless required by applicable law, Harvest Portfolios Group Inc. does not undertake, and specifically disclaim, any intention or obligation to update or revise any FLS, whether as a result of new information, future events or otherwise.

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