The Harvest ETF of Oakville, Ontario believes that, despite some short-term volatility, the tech sector will continue to perform well this year.
“We really see an opportunity to invest in not just one or two themes, but a really small broad range of long-term growth topics: things like digitization for the consumer, which would include digital advertising or growth in digital payments,” James Learmonth, its senior portfolio manager told money professional, That’s attributable to the Harvest Tech Achiever Growth and Income ETF, which is increasing its dividend next week from seven cents to ten cents per unit on February 28.
“Look at the explosion in the Internet where technology really becomes pervasive in all the different devices in our lives: the rise in cloud-based infrastructure, big data, and even more up-and-coming or nascent topics like artificial intelligence, machines Learning, augmented or virtual reality, and even blockchain, and we are still very early in the metaverse,” he said.
