Ubika Technology 20 Powers Past its Benchmarks, New Company Added

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The Ubika Technology 20 Index (UT20) is up 31.7% year to date and 44% year over year

The Ubika Technology 20 Index (UT20) is up 31.7% YTD, and 8.9% since our last report, outperforming both the TSXV and TSX Information Technology Index. The TSXV is down 0.7%, while the TSX Info. Tech Index is up 4.5% since our last report. If you recall, Saba Software announced an agreement to acquire Halogen Software back in February 2017. With the deal now closed and Halogen’s shares officially delisted, a new company, Absolute Software Corp (TSX: ABT), has been added to the Index, which we discuss in detail later in the report.

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