Harvest announces listing of new ETFBy The IJ Staff | January 15 2020 02:13PM
Harvest Portfolios Group has announced the listing of the Harvest US Investment Grade Bond Plus ETF. It began trading Jan. 15 on the TSX under the ticker symbol: HUIB:TSX.
The new ETF will invest primarily in investment grade corporate debt denominated in U.S. dollars and/or issued by corporations that are headquartered, or do substantial business, in the United States.
Amundi Canada will be the sub-advisor to HUIB. Amundi Canada will, in turn, engage its U.S. affiliate, Amundi Pioneer to perform the day-to-day investment management of the HUIB, says Harvest.
"We are pleased to partner with Amundi Canada to launch the Harvest US Investment Grade Bond Plus ETF with specific ESG factors that help provide the corporate quality investors are seeking today", said Michael Kovacs, President and CEO of Harvest.