Harbor Capital Advisors expands ETF suite with All-Weather Inflation Focus Strategy
CHICAGO November 22, 2021 Harbor Capital Advisors, Inc. (“Harbor Capital”) today announced that it is adding to its exchange-traded fund (ETF) lineup bringing a new fully transparent Harbor All- Weather Inflation Focus strategy (HGER) to market early February, upon completion of the registration process. This offering is in addition to the two fixed-income ETFs (SIFI, SIHY) that were launched this fall and the Disruptive Innovation ETF (INNO) launching in December. Along with ETFs, Harbor Capital also offers a curated experience of mutual funds and collective investment trusts.
Harbor All-Weather Inflation Focus ETF The Fund will seek to track the performance of the Quantix Inflation Index (the “Index”) before fees and expenses. The Index was developed by Quantix Commodities LP, also the Fund’s subadviser.
“We are delighted to add to our growing ETF lineup by launching the All-Weather Inflation Focus ETF, providing clients with a very timely and we feel much needed strategy” said Kristof Gleich, President & CIO. “We are thrilled to partner with Don Casturo and his team at Quantix. Their background and many decades of experience investing and trading in the commodity complex at Goldman Sachs leads us to believe they are well positioned to both design and deliver a compelling inflation hedge strategy. We look forward to them helping our clients navigate through an increasingly complicated inflationary dynamic.”
Harbor is dedicated to helping clients achieve investment objectives with an active, cost-aware investing approach. For more than 30 years, our investment team has served as a guide for clients, developing portfolio strategies based on rigorous research and market analysis; sourcing select specialists and deep insights in each asset class; and evaluating performance to ensure that decisions remain in the best interests of our clients. Headquartered in Chicago, Harbor Capital Advisors had total assets under management of approximately $63 billion as of September 30, 2021. For more information, visit harborcapital.com.
NOTE: INFORMATION CONTAINED HEREIN IS SUBJECT TO COMPLETION OR AMENDMENT. THE REGISTRATION STATEMENT RELATING TO THESE SECURITIES HAS BEEN FILED WITH THE SEC BUT HAS NOT YET BEEN DECLARED EFFECTIVE. THESE SECURITIES MAY NOT BE SOLD NOR MAY OFFERS TO BUY BE ACCEPTED PRIOR TO THE TIME THE REGISTRATION STATEMENT BECOMES EFFECTIVE. THIS PRESS RELEASE IS NOT AN OFFER TO SELL THESE SECURITIES AND IS NOT SOLICITING AN OFFER TO BUY THESE SECURITIES IN ANY STATE WHERE THE OFFER OR SALE IS NOT PERMITTED. AN INDICATION OF INTEREST IN RESPONSE TO THIS ADVERTISEMENT WILL INVOLVE NO OBLIGATION OR COMMITMENT OF ANY KIND.
CALL 1-800-422-1050 TO OBTAIN A PROSPECTUS. BEFORE INVESTING YOU SHOULD CAREFULLY CONSIDER A FUND’S INVESTMENT OBJECTIVES, RISKS, CHARGES, AND EXPENSES. THIS AND OTHER INFORMATION IS IN THE PROSPECTUS. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE YOU INVEST.
All investments involve risk including the possible loss of principal.
Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. The ETF is new and has limited operating history to judge.
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. 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.
Commodity Risk: The Fund has exposure to commodities through its and/or the Subsidiary’s investments in commodity-linked derivative instruments. Authorized Participant Concentration/Trading Risk: Only authorized participants (“APs”) may engage in creation or redemption transactions directly with the Fund. Commodity-Linked Derivatives Risk: 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.
Foreside Fund Services, LLC. is the Distributor of the Harbor All-Weather Inflation Focus ETF.
Quantix Commodities LP. is a third-party subadviser to the Harbor All-Weather Inflation Focus ETF.