Harvest plans to launch Clean Energy ETF
Harvest Portfolios Group announced Dec. 8 that it has filed a preliminary prospectus with Canadian securities regulators for a clean energy exchange traded fund – the Harvest Clean Energy ETF (HCLN).
"We are very excited to launch this unique and low cost Clean Energy ETF in Canada. This is an exciting and growing space, an area that is getting the proper political and societal attention it needs as more Canadians look to environmental factors when investing. There are large sources of Government and Private capital flowing into this space at unprecedented levels which we see continuing to grow into the future," stated Michael Kovacs, President and CEO of Harvest. "With the changes going on in Energy generation, the future is definitely Clean."
HCLN primarily invests in large cap issuers that are engaged in clean energy related businesses that are listed on a regulated stock exchange in North America, Developed Asia or in certain European countries, says the company.