Shortly after the launch of the Emerge ARK Space Exploration ETF on the NEO Exchange brought Cathie Wood’s out-of-this-world investment thesis to Canadians, Harvest Portfolios Group has announced a similar, homegrown vehicle.
Two weeks after it filed a preliminary prospectus with Canadian securities regulators, the firm has launched the Harvest Space Innovation Index ETF on the TSX, with class A units trading under the ticker symbol ORBT and class U units under the symbol ORBT.U.
The ETF seeks to replicate, to the extent reasonably possible before fees and expenses, the performance of the Solactive Space Innovation Index. It invests primarily in large-cap issuers on North American and certain other developed-market exchanges that are engaged in the development of products and services related to space exploration such as satellites, space probes, and space flight and tourism, among others.
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