ContactHarbor International Compounders Fund (HSICX)
Overseas expertise you can rely on
Harbor International Compounders Fund (HSICX)
Overseas expertise you can rely on
Why Invest?
- An active portfolio focused on identifying companies that we believe can sustain consistent growth levels well into the future
- Concentrated portfolio makes each stock decision an active competition of capital
- Extensive global experience that helps the investment team to navigate complex and diverse global stock market
Why Harbor & C WorldWide
Overview
Investment Team
As of 9/30/2024
Performance
3 Mo.
Since Fund Inception
Net Expense Ratio
Gross Expense Ratio
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 MSCI All Country World Ex. US (ND) Index is a free float-adjusted market capitalization weighted index that is designed to measure equity market performance in the global developed and emerging markets, excluding the U.S. This unmanaged index does not reflect fees and expenses and is not available for direct investment.
Price History
Distribution History
Sorry, there is no data available for this section
Holdings
Full Holdings
As of 6/30/2024
Company Name [Ticker]
Country
Shares (000's)
Current Price ($)
Market Value ($000's)
% of Net Assets
Sector Returns
As of 6/30/2024
Economic Sector
International Compounders Fund %
MSCI All Country World Ex. US (ND) Index %
Health Care
Utilities
Information Technology
Financials
[Unassigned]
Communication Services
Real Estate
Energy
Industrials
Materials
Consumer Staples
Consumer Discretionary
Sector Allocations
As of 6/30/2024
International Compounders Fund (HNICX)
MSCI All Country World Ex. US (ND) Index
Industrials
HNICX: 29.0%
Benchmark: 13.6%
Information Technology
HNICX: 17.8%
Benchmark: 13.9%
Health Care
HNICX: 14.6%
Benchmark: 9.5%
Financials
HNICX: 13.4%
Benchmark: 21.5%
Consumer Staples
HNICX: 8.7%
Benchmark: 7.3%
Consumer Discretionary
HNICX: 8.4%
Benchmark: 11.0%
Materials
HNICX: 4.7%
Benchmark: 7.1%
Utilities
HNICX: 2.5%
Benchmark: 3.1%
Cash
HNICX: 1.0%
Benchmark: NaN%
Communication Services
HNICX: NaN%
Benchmark: 5.3%
Energy
HNICX: NaN%
Benchmark: 5.5%
Real Estate
HNICX: NaN%
Benchmark: 1.8%
HNICX: International Compounders Fund
Benchmark: MSCI All Country World Ex. US (ND) Index
Top 10 Countries
As of 6/30/2024
Country
International Compounders Fund %
MSCI All Country World Ex. US (ND) Index %
Investment Team
C WorldWide Asset Management is a focused and independent asset manager that has been investing in global equity markets since 1986. Their objective is to deliver consistent, long term asset growth for clients through active investments in listed equities on global stock exchanges. They refer to their investment approach as trend-based stock picking. It is a trend/theme influenced top-down framework combined with a bottom-up stock picking approach. The approach drives the stock selection process by focusing on and identifying specific companies that align with and thus benefit from exposure to selected global themes within the portfolio.
Sustainability and specifically environmental, social, and governance (ESG) factors are an integral part of the C WorldWide investment process and are implemented in the ongoing research of the companies they invest in. This process does not begin or end with the investment but is an ongoing engagement process that is supported by dialogue and monitoring of the company in question.
Documents
Name
Date
File
Important Information
From time to time, certain fees and/or expenses have been voluntarily or contractually waived or reimbursed, which has resulted in higher returns. Without these waivers or reimbursements, the returns would have been lower. Voluntary waivers or reimbursements may be applied or discontinued at any time without notice. Only the Board of Trustees may modify or terminate contractual fee waivers or expense reimbursements.
As a result of changing market conditions, total net asset levels, expenses and other factors may change at any time during the current fiscal period and may differ from those shown.
There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Investing in international and emerging markets poses special risks, including potentially greater price volatility due to social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging market regions. A non-diversified Fund may invest a greater percentage of its assets in securities of a single issuer, and/or invest in a relatively small number of issuers, it is more susceptible to risks associated with a single economic, political or regulatory occurrence than a more diversified portfolio.
The Subadviser considers certain ESG factors in evaluating company quality which may result in the selection or exclusion of securities for reasons other than performance and the Fund may underperform relative to other funds that do not consider ESG factors.
Weighted Average Market Capitalization: The average size of the companies in a portfolio or index as measured by the market value of outstanding shares.
Price/Book: The price-to-book (P/B) ratio evaluates a firm's market value relative to its book value.
Adjusted Trailing P/E Ratio: The Adjusted Trailing P/E (Price/Earnings) Ratio is the closing stock price divided by the sum of the last 12 months actual EPS.
% EPS Growth – Past 3 year: Earnings per share refers to the bottom-line measure of a company’s profitability defined as net income divided by the number of outstanding shares.
Return on Equity: Return on equity (ROE) is a measure of financial performance calculated by dividing net income by shareholders' equity.
Forecasted P/E Ratio: a measure of the P/E (price-to-earnings) ratio using forecasted earnings for the P/E calculation.
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