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% |
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.
12/21/2022
12/22/2022
12/27/2022
0.13174
--
--
0.13174
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%
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.
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.
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