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Harbor Capital Advisors Launches Long-Term Growers ETF

Harbor Capital Advisors Launches Long-Term Growers ETF


February 03, 2022

CHICAGO – February 3, 2022 - Harbor Capital Advisors, Inc. (“Harbor”), a premier investment firm offering access to specialized expertise across a range of investment strategies and vehicles, today launched the Harbor Long-Term Growers ETF (NYSE: WINN).

The Harbor Long-Term Growers ETF (WINN) is a transparent, actively managed strategy that seeks long-term growth of capital and is managed by Jennison Associates (Jennison). WINN is built on Jennison’s successful large-cap growth foundation, which is reflected in the Harbor Capital Appreciation Mutual Fund & additional vehicles ($46 billion in Asset Under Management as of December 31,2021).

The ETF expands the strategy’s investable opportunity set by capturing additional high conviction ideas from Jennison’s fundamental growth investment teams. The investment team uses portfolio optimization tools to manage the portfolio’s overall characteristics, investment risk exposures, diversification, and liquidity in a manner consistent with the ETF’s objective.

“We recognize that there is demand for a growth offering that is transparent, convenient, and familiar for the current generation of investors and highly relevant for the next generation,” said Charles F. McCain, CEO. “We are excited to extend our partnership with Jennison and bring this new option to market for advisers and retail investors seeking long-term growth of capital.”

Founded in 1969, Jennison believes that sustainable long-term investment performance is driven by fundamental research, specialized teams of experienced portfolio managers and analysts, bottom-up portfolio construction, and high-conviction investing.

“We thank Harbor for its commitment to innovation and meeting the evolving needs of the marketplace,” said Jeffrey T. Becker, Chairman & CEO of Jennison Associates. “The launch of WINN marks another milestone in our 50+ year partnership, and we are excited to introduce this ETF, which provides access to the high-conviction ideas of Jennison’s growth investors.”

Key Features of the Harbor Long-Term Growers ETF (WINN)

The ETF invests primarily in equity securities, principally common and preferred stocks, of U.S. companies that the investment team believes have above-average prospects for long-term growth.

The ETF takes a bottom-up, fundamental approach to identifying mid-and large-capitalization companies believed to have growth of a magnitude and duration above that of the market, as determined by the investment team.

Read the Harbor Long-Term Growers ETF Strategy Profile 

About Harbor

Harbor offers a diverse family of cost-aware investment solutions managed by institutional-caliber firms. We source talented investment teams to manage portfolios and apply a rigorous fiduciary oversight program to monitor their performance and investment decisions. Harbor had combined assets under management of approximately $63.5 billion as of December 31, 2021. For more information, visit harborcapital.com.

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. TO OBTAIN A SUMMARY PROSPECTUS OR PROSPECTUS FOR THIS AND OTHER INFORMATION, VISIT HARBORCAPITAL.COM OR CALL 800-422-1050.

All investments involve risk including the possible loss of principal. 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. At times, a growth investing style may be out of favor with investors which could cause growth securities to underperform value or other equity securities.

Since the Fund may hold foreign securities, it may be subject to greater risks than funds invested only in the U.S. 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.

Unlike mutual funds, ETFs may trade at a premium or discount to their net asset value. The ETFs is new and has limited operating history to judge.

Foreside Fund Services, LLC. is the Distributor of the Harbor Long-Term Growers ETF.

Jennison Associates is a third-party subadviser to the Harbor Long-Term Growers ETF.

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Harbor Funds Distributors, Inc. is the Distributor of the Harbor Mutual Funds.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
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Investing involves risk and the potential loss of capital.

Investors should carefully consider the investment objectives, risks, charges and expenses of a fund before investing. To obtain a summary prospectus or prospectus for this and other information, click here or call 800-422-1050. Read it carefully before investing.

All trademarks or product names mentioned herein are the property of their respective owners. Copyright © 2024 Harbor Capital Advisors, Inc. All rights reserved.