Harvest Portfolios Group

Harvest Completes Rebalance of its Blockchain Technologies ETF

May 23, 2018
OAKVILLE, ON, May 23, 2018 /CNW/ – Harvest Portfolios Group Inc. (“Harvest”) completed the quarterly rebalance of the portfolio holdings of the Blockchain Technologies ETF (“HBLK”) on May 18, 2018.

HBLK was the first blockchain ETF launched in Canada and seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Harvest Blockchain Technologies Index. The Harvest Blockchain Technologies Index has been designed to track the performance of issuers exposed to the development and implementation of blockchain technologies. The ETF invests in equity securities of issuers exposed, directly or indirectly, to the development and implementation of blockchain and distributed ledger technologies.

The Harvest Blockchain Technologies Index is rebalanced quarterly and is composed of two segments, the Large Cap Blockchain issuer segment and the Emerging Blockchain issuer segment. Full details regarding the Harvest Blockchain Technology Index can be found on the Harvest website.

“By replicating the Harvest Blockchain Technologies Index, HBLK systematically shifts weightings as the Emerging Blockchain segment develops while blending in large established technology companies that are dedicating resources to blockchain technologies,” said Michael Kovacs, President and CEO of Harvest. “We believe this portfolio structure is the intelligent solution to invest in the blockchain evolution.”

The updated HBLK portfolio can be found on the Harvest website: www.harvestportfolios.com

About Harvest Portfolios Group Inc.

Founded in 2009, Harvest Portfolios Group Inc. is a Canadian Investment Fund Manager which offers an innovative suite of exchange traded funds, mutual funds and publicly-listed structured 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.

For further information: Please visit www.harvestportfolios.com, e-mail [email protected] or call toll free 1-866-998-8298

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