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Harvest to launch Canada’s first blockchain ETF

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Harvest Portfolios Group (Harvest) has filed a preliminary prospectus with the Canadian securities regulators for Canada’s first blockchain technologies ETF, Blockchain Technologies ETF (HBLK).

This innovative ETF is designed to provide Canadian investors access to the developing blockchain technology sector.
 
“Blockchain technology is creating revolutionary and disruptive change at many levels. During this nascent stage of development, blockchain technology is providing new opportunities for business, government and many other conduits of information and financial exchange,” says Michael Kovacs, President and CEO of Harvest. “HBLK provides a simple way for investors to participate in the growth of this fast developing sector.”
 
HBLK seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Blockchain Technologies Index. HBLK invests in equity securities of issuers exposed, directly or indirectly, to the development and implementation of blockchain and distributed ledger technologies.
 
Harvest, a registered investment fund manager and portfolio manager, will act as promoter, trustee, manager and portfolio manager of HBLK and will be responsible for the administration of HBLK.

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