Harbor Capital Advisors to expand ETF suite with International Compounders ETF
CHICAGO–(BUSINESS WIRE)–Harbor Capital Advisors, Inc. (“Harbor”), today announced the addition to its line of exchange-traded funds (ETFs), bringing a new active and fully transparent Harbor International Compounders ETF (OSEA) on the market in early September, once the registration process is complete. This registration is the first international ETF in the company’s growing line of ETF products. In addition to ETFs, Harbor offers a curated mutual fund and collective investment trust (CIT) experience.
“We are delighted to launch the Harbor International Compounders ETF, offering clients an active, focused and fully transparent ETF focused on international companies whose sustainable earnings growth is expected to help drive long-term wealth creation. In a world seemingly dominated by low-cost index investing, we believe active managers need to be really active to add value,” said Kristof Gleich, Chairman and CIO. “We are delighted to partner with C WorldWide Asset Management Fondsmaeglerselskab A/S (“C WorldWide”). Their focused, disciplined and long-term focus has given them a long history of investing in international equities and we are delighted that our clients get to know them and invest with them.
Harbor International Compounders ETF (OSEA) will pursue an actively managed strategy that seeks long-term capital growth and invests primarily in equity securities of non-US companies, including those located in emerging countries.
The C WorldWide investment team seeks to identify what it considers to be high quality companies with consistent and recurring income, stable free cash flow and sustainable returns on invested capital. In seeking to identify these companies for the Fund’s portfolio, the investment team makes qualitative assessments of the companies, including, among other criteria, each company’s business model, management, and financial and valuation metrics .
For more than 35 years, Harbor has partnered with talented institutional-caliber asset managers to provide active, cost-conscious investment opportunities to its clients. Harbor carefully identifies and selects specialists in each asset class to manage the portfolios and operates a comprehensive monitoring and tracking program that keeps its clients’ best interests at its core.
Harbor recently launched a series of fully transparent ETFs offering advisors and investors new ways to access proprietary investment management solutions to achieve long-term investment goals. Harbor currently has six ETFs: Harbor All-Weather Inflation ETF (HGER), Harbor Long-Term Growers ETF (WINN), Harbor Corporate Culture Leaders ETF (HAPY), Harbor Disruptive Innovation ETF (INNO), Harbor Scientific Alpha Income ETF (SIFI ), and Harbor Scientific Alpha High Yield ETF (SIHY).
Harbor had combined assets under management of approximately $55 billion as of March 31, 2022. For more information, visit harbourcapital.com.
About C Worldwide
C WorldWide Asset Management Fondsmaeglerselskab A/S is a targeted and independent asset manager. C WordWide’s goal is to provide consistent, long-term growth of its clients’ assets through active investment in stocks listed on global stock exchanges.
The combination of a distinct investment philosophy based on careful stock selection and long-term global trends, coupled with a stable team of experienced portfolio managers, has since 1986, in our view, maintained investment results at attractive long term.
NOTE: THE INFORMATION CONTAINED HEREIN NEEDS TO BE COMPLETED OR MODIFIED. THE REGISTRATION STATEMENT RELATING TO SUCH SECURITIES HAS BEEN FILED WITH THE SEC BUT HAS NOT YET BE DECLARED EFFECTIVE. SUCH SECURITIES MAY NOT BE SOLD OR OFFERS TO PURCHASE ACCEPTED PRIOR TO THE EFFECTIVENESS OF THE REGISTRATION STATEMENT. THIS PRESS RELEASE IS NOT AN OFFER TO SELL ANY SUCH SECURITIES AND DOES NOT SOLICIT AN OFFER TO BUY SUCH SECURITIES IN ANY STATE WHERE THE OFFER OR SALE IS NOT AUTHORIZED. AN INDICATION OF INTEREST IN RESPONSE TO THIS ANNOUNCEMENT IMPLIES NO OBLIGATION OR COMMITMENT OF ANY KIND.
BEFORE INVESTING, YOU SHOULD CAREFULLY CONSIDER A FUND’S INVESTMENT OBJECTIVES, RISKS, CHARGES AND EXPENSES. THIS AND OTHER INFORMATION IS CONTAINED IN THE PROSPECTUS. PLEASE READ THE PROSPECTUS CAREFULLY BEFORE INVESTING. TO OBTAIN A SUMMARY PROSPECTUS OR PROSPECTUS REGARDING THIS AND OTHER INFORMATION, VISIT HARBORCAPITAL.COM OR CALL 800-422-1050.
All investments involve risk, including possible loss of principal. There can be no assurance that the Fund’s investment objective will be achieved.
Unlike mutual funds, ETFs can trade at a premium or discount to their net asset value. The ETF is new and has a limited operating history to judge.
There can be no assurance that the Fund’s investment objective will be achieved. Stock markets are volatile and stock values may decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Investing in international and emerging markets presents particular risks, including potentially higher price volatility due to social, political and economic factors, as well as exchange rate fluctuations. These risks are more severe for securities of issuers located in emerging market regions. A non-diversified Sub-Fund may invest a greater percentage of its assets in the securities of a single issuer, and/or invest in a relatively small number of issuers, it is more sensitive to the risks associated with a single economic, political or regulatory than a more diversified portfolio.
The sub-advisor takes into account certain ESG factors in assessing the quality of the company, which may result in the selection or exclusion of securities for reasons other than performance and the Fund may underperform against to other funds that do not take ESG factors into account.
This information should not be considered a recommendation to buy or sell any particular security.
Foreside Fund Services, LLC. is the distributor of the Harbor ETFs.
C WorldWide Asset Management Fondsmaeglerselskab A/S is a third-party sub-advisor to the Harbor International Compounders ETF