SIGN IN
Harbor Energy Transition Strategy ETF (RENW)
Commodity Investing with a Purpose
Overview
Overview
as of 1/31/2023
NAV Price | $18.42 |
NAV Daily Change ($) | $0.34 |
NAV Daily Change (%) | 1.88% |
NAV YTD Return | -1.29% |
Market Price | $18.22 |
Market Daily Change ($) | $0.13 |
Market Daily Change (%) | 0.72% |
Market YTD Return | -4.61% |
Current 30-Day Sub. SEC Yield | 2.62%  |
Current 30-Day Unsub. SEC Yield | 2.62% |
Effective 30-Day Sub. SEC Yield | 2.65% |
Effective 30-Day Unsub. SEC Yield | 2.65% |
Fund Facts
Inception Date | 7/13/2022 |
Expense Ratio (%) | 0.80% |
Total Net Assets (million) | $24.869 |
Shares Outstanding | 1,350,000 |
Ticker | RENW |
Cusip | 41151J802 |
ISIN | US41151J8027 |
Benchmark | Quantix Energy Transition Index |
Exchange | NYSE |
Distributor | Foreside Fund Services, LLC |
Investment Objective | The Fund seeks to track the Quantix Energy Transition Index |
Morningstar Category | Commodities Broad Basket |
Dividend Frequency | Annually |
“We believe the transition to cleaner sources of energy is probably the largest societal shift since the phasing out of whale oil as a primary source of energy in the late 19th century. Our strategy gives clients the opportunity to invest in commodities needed to help facilitate this generational transformation to a lower carbon world.”
Kristof Gleich
President & CIO, Harbor Capital.
Performance
Fund Name
3 Mo.
YTD Return
Since Inception
Net Expense Ratio
Gross Expense Ratio
Energy Transition Strategy ETF
-2.29%
-1.29%
-7.28%
0.80%
0.80%
Fund Market Price
-3.92%
-4.61%
-8.30%
--
--
Quantix Energy Transition Total Return Index
-1.73%
-1.06%
-5.66%
--
--
Performance data shown represents past performance and is no guarantee of future results. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborcapital.com or by calling 800-422-1050.
The Quantix Energy Transition Index (QET) is an unmanaged index that maintains exposure to at least 10 commodities from its eligible universe of energy transition themes in the United States (U.S.), Canada, United Kingdom (U.K.) and other European exchanges. Commodity futures from the component candidates are selected for the Index and weighted based on QCI’s quantitative methodology. Under normal circumstances, the Index is rebalanced on a monthly basis. The index listed is unmanaged and does not reflect fees and expenses and is not available for direct investment.
Distribution History
Ex-Date
Record Date
Payable Date
Ordinary Income
Short Term Capital Gains
Long Term Capital Gains
Total Distribution
12/21/2022
12/22/2022
12/27/2022
0.13174
--
--
0.13174
Holdings
Full Holdings
as of 1/31/2023
Company Name
Category Name
Cusip
Maturity Date
Coupon Rate (%)
Market Value ($000's)
% of Net Assets
1472623 TRS USD R E GSEBS004 TRS ON QETTR INDEX
Equity
99S1WBSL5
--
0.0
24,869
100.0
TREASURY BILL 02/23 0.00000
Bond
912796XZ7
2/9/2023
0.0
8,341
33.5
TREASURY BILL 03/23 0.00000
Bond
912796YB9
3/2/2023
0.0
8,006
32.2
TREASURY BILL 03/23 0.00000
Bond
912796YM5
3/30/2023
0.0
2,704
10.9
1472623 TRS USD P F GSEBS004 TRS ON QETTR INDEX
Bond
99S1WBSM3
3/1/2023
0.8
-24,869
-100.0
Total
--
--
--
--
19,051
76.6
Cash and Other Assets Less Liabilities
--
--
--
--
--
23.4
Total Net Assets
--
--
--
--
--
100%
Investment Team
Quantix Commodities LP
Quantix Commodities LP (“Quantix”) is a commodities focused fund manager specializing in the development and management of commodities-based investment strategies. The firm is a market leader in delivering comprehensive commodity investment solutions to the marketplace.
Quantix is led by CIO Don Casturo, former Global Commodities COO and Head of EMEA Commodity Trading at Goldman Sachs, along with two founding partners. The team is highly experienced, with industry-leading pedigree and a long track record of working together.
The firm delivers strategies targeting different investment objectives for clients; after launching the all-weather, absolute return strategy in 2019, Quantix launched an inflation-focused, long only strategy in early 2021, which is part of the Investor Solutions Group at Quantix.
Quantix Commodities LP (“Quantix”) is a commodities focused fund manager specializing in the development and management of commodities-based investment strategies. The firm is a market leader in delivering comprehensive commodity investment solutions to the marketplace.
Quantix is led by CIO Don Casturo, former Global Commodities COO and Head of EMEA Commodity Trading at Goldman Sachs, along with two founding partners. The team is highly experienced, with industry-leading pedigree and a long track record of working together.
The firm delivers strategies targeting different investment objectives for clients; after launching the all-weather, absolute return strategy in 2019, Quantix launched an inflation-focused, long only strategy in early 2021, which is part of the Investor Solutions Group at Quantix.
![manager headshot]()
Matthew Schwab
Head of Investor Solutions
Matthew has 25 years of experience in the commodity markets. Prior to joining Quantix, Matthew was a Managing Director and co-head of Research, Portfolio Management, and Portfolio Construction for the Alternative Investment Strategies group within Quantitative Investment Strategies at Goldman Sachs Asset Management. Prior to that he was global head of Systematic Trading Strategies in the Securities Division. He joined Goldman Sachs as a Managing Director in London in 2007 and relocated to New York in 2009. Prior to joining Goldman Sachs, Matthew was a managing director and commodity strategist at AIG Financial Products in Wilton, Connecticut. Earlier in his career, he was a director and co-head of Commodity Investor Solutions at Barclays Capital, prior to which he was global head of Precious and Base Metals Derivatives Trading at Barclays.
Matthew earned a degree in History, with high honors, and Sociology from Kenyon College in Gambier, Ohio, in 1993.
Matthew has 25 years of experience in the commodity markets. Prior to joining Quantix, Matthew was a Managing Director and co-head of Research, Portfolio Management, and Portfolio Construction for the Alternative Investment Strategies group within Quantitative Investment Strategies at Goldman Sachs Asset Management. Prior to that he was global head of Systematic Trading Strategies in the Securities Division. He joined Goldman Sachs as a Managing Director in London in 2007 and relocated to New York in 2009. Prior to joining Goldman Sachs, Matthew was a managing director and commodity strategist at AIG Financial Products in Wilton, Connecticut. Earlier in his career, he was a director and co-head of Commodity Investor Solutions at Barclays Capital, prior to which he was global head of Precious and Base Metals Derivatives Trading at Barclays.
Matthew earned a degree in History, with high honors, and Sociology from Kenyon College in Gambier, Ohio, in 1993.
![manager headshot]()
Matthew Schwab
Head of Investor Solutions
Matthew has 25 years of experience in the commodity markets. Prior to joining Quantix, Matthew was a Managing Director and co-head of Research, Portfolio Management, and Portfolio Construction for the Alternative Investment Strategies group within Quantitative Investment Strategies at Goldman Sachs Asset Management. Prior to that he was global head of Systematic Trading Strategies in the Securities Division. He joined Goldman Sachs as a Managing Director in London in 2007 and relocated to New York in 2009. Prior to joining Goldman Sachs, Matthew was a managing director and commodity strategist at AIG Financial Products in Wilton, Connecticut. Earlier in his career, he was a director and co-head of Commodity Investor Solutions at Barclays Capital, prior to which he was global head of Precious and Base Metals Derivatives Trading at Barclays.
Matthew earned a degree in History, with high honors, and Sociology from Kenyon College in Gambier, Ohio, in 1993.
Matthew has 25 years of experience in the commodity markets. Prior to joining Quantix, Matthew was a Managing Director and co-head of Research, Portfolio Management, and Portfolio Construction for the Alternative Investment Strategies group within Quantitative Investment Strategies at Goldman Sachs Asset Management. Prior to that he was global head of Systematic Trading Strategies in the Securities Division. He joined Goldman Sachs as a Managing Director in London in 2007 and relocated to New York in 2009. Prior to joining Goldman Sachs, Matthew was a managing director and commodity strategist at AIG Financial Products in Wilton, Connecticut. Earlier in his career, he was a director and co-head of Commodity Investor Solutions at Barclays Capital, prior to which he was global head of Precious and Base Metals Derivatives Trading at Barclays.
Matthew earned a degree in History, with high honors, and Sociology from Kenyon College in Gambier, Ohio, in 1993.
Documents
Investing involves risk, principal loss is possible. Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. Harbor ETFs are new and have limited operating history to judge.
Commodity and Commodity Linked Derivative Risk: The Fund has exposure to commodities through its and/or the Subsidiary’s investments in commodity-linked derivative instruments. The Fund’s investments in commodity-linked derivative instruments (either directly or through the Subsidiary) and the tracking of an Index comprised of commodity futures may subject the Fund to significantly greater volatility than investments in traditional securities. The Fund is non-diversified and may invest a greater concentrate of its assets in a particular sector of the commodities market (such as metal, gas or emissions products). As a result, the Fund may be more susceptible to risks associated with those sectors. Authorized Participant Concentration/Trading Risk: Only authorized participants (“APs”) may engage in creation or redemption transactions directly with the Fund. Energy Transition Risk: The commodities included in the Index may become less representative of energy transition trends over time and the Fund’s investments may be significantly impacted by government and corporate policies. Foreign Currency Risk: Because the Index may include futures contracts denominated in foreign currencies, the Fund could be subject to currency risk.
Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.
2273558