Harvest Portfolios Group Inc. announce earlier today that the Harvest Travel & Leisure Index ETF (TSX: TRVL) (TSX: TRVL.U) has raised over $200 million (Class A and Class U units combined) in assets under management since its debut on the Toronto Stock Exchange.
Brought to the market on January 14th, 2021, Canada’s only Travel & Leisure ETF provides investors access to a diversified portfolio of large capitalization companies that own or operate travel related businesses.
The ETF is passively managed and follows the Solactive Travel & Leisure Index which tracks the 30 largest global travel-related companies by market capitalization.
“Investors continue to see the opportunity in the recovering Global Travel Industry. We believe the growth dynamic that was in place before the Pandemic will return to its normal long-term trend,” said Michael Kovacs, President and CEO of Harvest.
The ETF lasted traded at $22.18 with its all time high at $24.80.