Harbor Capital Advisors Expands Growing ETF Suite; Launches the Harbor AlphaEdge Large Cap-Value ETF and Harbor AlphaEdge Next Generation REITs ETF
Harbor Capital Advisors has expanded its ETF suite with the launch of two new funds: the Harbor AlphaEdge Large Cap-Value ETF (VLLU) and the Harbor AlphaEdge Next Generation REITs ETF (AREA). These additions follow the recent launch of the AlphaEdge Small Cap Earners ETF (EBIT).
VLLU tracks the Harbor AlphaEdge Large-Cap Value Index, comprising 75-150 companies with attractive fundamentals and value characteristics. It aims to provide a more efficient alternative to Russell 1000 Value exposure.
AREA focuses on non-traditional REITs, targeting property types positioned to benefit from secular trends and resilient to cyclical headwinds. It's designed for advisors seeking REIT investment benefits while avoiding structural challenges in traditional commercial real estate.
Both ETFs utilize proprietary strategies developed by Harbor's Multi-Asset Solutions Team, aiming to capitalize on market opportunities and provide enhanced returns for investors.
Harbor Capital Advisors ha ampliato la sua gamma di ETF con il lancio di due nuovi fondi: il Harbor AlphaEdge Large Cap-Value ETF (VLLU) e il Harbor AlphaEdge Next Generation REITs ETF (AREA). Queste aggiunte seguono il recente lancio dell'AlphaEdge Small Cap Earners ETF (EBIT).
VLLU segue l'Harbor AlphaEdge Large-Cap Value Index, composto da 75-150 aziende con fondamentali attraenti e caratteristiche di valore. Si propone di fornire un'alternativa più efficiente all'esposizione al Russell 1000 Value.
AREA si concentra su REIT non tradizionali, prendendo di mira tipologie di proprietà che possono beneficiare di tendenze secolari e che sono resilienti alle difficoltà cicliche. È progettato per i consulenti che cercano i vantaggi degli investimenti in REIT evitando le sfide strutturali nel settore immobiliare commerciale tradizionale.
Entrambi gli ETF utilizzano strategie proprietarie sviluppate dal Team Multi-Asset Solutions di Harbor, con l'obiettivo di capitalizzare sulle opportunità di mercato e fornire rendimenti migliorati per gli investitori.
Harbor Capital Advisors ha ampliado su gama de ETF con el lanzamiento de dos nuevos fondos: el Harbor AlphaEdge Large Cap-Value ETF (VLLU) y el Harbor AlphaEdge Next Generation REITs ETF (AREA). Estas adiciones siguen al reciente lanzamiento del AlphaEdge Small Cap Earners ETF (EBIT).
VLLU sigue el Harbor AlphaEdge Large-Cap Value Index, que comprende de 75 a 150 empresas con fundamentales atractivos y características de valor. Su objetivo es proporcionar una alternativa más eficiente a la exposición al Russell 1000 Value.
AREA se centra en REIT no tradicionales, apuntando a tipos de propiedad posicionados para beneficiarse de tendencias seculares y resistentes a los vientos en contra cíclicos. Está diseñado para asesores que buscan los beneficios de la inversión en REIT evitando los desafíos estructurales en el mercado inmobiliario comercial tradicional.
Ambos ETF utilizan estrategias propietarias desarrolladas por el equipo de Soluciones Multi-Activo de Harbor, con el objetivo de capitalizar las oportunidades del mercado y proporcionar rendimientos mejorados para los inversores.
하버 캐피탈 어드바이저스는 두 개의 새로운 펀드인 하버 알파엣지 대형 가치 ETF (VLLU)와 하버 알파엣지 차세대 REITs ETF (AREA)를 출시하며 ETF 라인업을 확장했습니다. 이러한 추가는 최근 출시된 알파엣지 소형주 수익 ETF (EBIT)에 이어오는 것입니다.
VLLU는 매력적인 펀더멘털과 가치 특성을 가진 75-150개의 기업으로 구성된 하버 알파엣지 대형 가치 지수를 추적합니다. 이는 러셀 1000 가치 노출에 대한 보다 효율적인 대안을 제공하는 것을 목표로 합니다.
AREA는 비전통적인 REIT에 중점을 두고, 지속적인 트렌드의 혜택을 입을 수 있는 자산 유형을 목표로 하며 경기 순환적 어려움에 강한 특성을 지닙니다. 이는 REIT 투자 혜택을 추구하면서 전통적인 상업용 부동산의 구조적 문제를 피하려는 자문가를 위해 설계되었습니다.
두 ETF 모두 하버의 다자산 솔루션 팀에서 개발한 독점 전략을 사용하여 시장 기회를 활용하고 투자자에게 향상된 수익을 제공하는 것을 목표로 합니다.
Harbor Capital Advisors a élargi sa gamme d'ETF avec le lancement de deux nouveaux fonds : le Harbor AlphaEdge Large Cap-Value ETF (VLLU) et le Harbor AlphaEdge Next Generation REITs ETF (AREA). Ces ajouts font suite au lancement récent de l'AlphaEdge Small Cap Earners ETF (EBIT).
VLLU suit l'indice Harbor AlphaEdge Large-Cap Value, composé de 75 à 150 entreprises avec des fondamentaux attrayants et des caractéristiques de valeur. Son objectif est de fournir une alternative plus efficace à l'exposition au Russell 1000 Value.
AREA se concentre sur les REIT non traditionnels, ciblant les types de propriété susceptibles de bénéficier de tendances séculaires et résilientes face aux vents contraires cycliques. Il est conçu pour les conseillers recherchant les avantages des investissements dans les REIT tout en évitant les défis structurels de l'immobilier commercial traditionnel.
Les deux ETF utilisent des stratégies propriétaires développées par l'équipe Multi-Asset Solutions de Harbor, visant à capitaliser sur les opportunités du marché et à fournir des rendements améliorés aux investisseurs.
Harbor Capital Advisors hat seine ETF-Palette mit der Einführung von zwei neuen Fonds erweitert: dem Harbor AlphaEdge Large Cap-Value ETF (VLLU) und dem Harbor AlphaEdge Next Generation REITs ETF (AREA). Diese Neuheiten folgen auf die kürzliche Einführung des AlphaEdge Small Cap Earners ETF (EBIT).
VLLU verfolgt den Harbor AlphaEdge Large-Cap Value Index, der aus 75-150 Unternehmen mit attraktiven Fundamentaldaten und Wertmerkmalen besteht. Es soll eine effizientere Alternative zur Russell 1000 Value-Exponierung bieten.
AREA konzentriert sich auf nicht-traditionelle REITs und zielt auf Immobilienarten ab, die von langfristigen Trends profitieren können und widerstandsfähig gegenüber zyklischen Herausforderungen sind. Es ist für Berater gedacht, die die Vorteile von REIT-Investitionen suchen und gleichzeitig strukturelle Herausforderungen im traditionellen gewerblichen Immobiliensektor vermeiden möchten.
Beide ETFs nutzen proprietäre Strategien, die vom Multi-Asset Solutions Team von Harbor entwickelt wurden, um Marktchancen zu nutzen und verbesserte Renditen für Anleger zu erzielen.
- Launch of two new ETFs (VLLU and AREA) expanding Harbor's product offerings
- VLLU aims to provide a more efficient alternative to Russell 1000 Value exposure
- AREA focuses on non-traditional REITs, potentially avoiding structural headwinds in commercial real estate
- Both ETFs utilize proprietary strategies developed by Harbor's Multi-Asset Solutions Team
- None.
Insights
The launch of two new ETFs by Harbor Capital Advisors represents a strategic expansion in the asset management space. The Harbor AlphaEdge Large Cap-Value ETF (VLLU) and Harbor AlphaEdge Next Generation REITs ETF (AREA) are designed to offer innovative solutions in the value and real estate sectors respectively. VLLU aims to provide a more efficient alternative to Russell 1000 Value exposure, potentially attracting investors seeking enhanced returns in the value space. AREA's focus on non-traditional REITs could appeal to those looking to capitalize on evolving trends in commercial real estate while mitigating risks associated with traditional property types. These products could potentially diversify Harbor's revenue streams and attract new assets under management. However, the success of these ETFs will depend on their performance and ability to differentiate in a crowded ETF market.
Harbor's new ETFs reflect a keen understanding of current market dynamics and investor needs. The VLLU ETF taps into the persistent demand for value strategies, especially in a market environment characterized by volatility and regime changes. Its proprietary stock selection model could be a key differentiator. The AREA ETF is particularly noteworthy as it addresses the challenges in traditional commercial real estate sectors post-pandemic. By focusing on non-traditional REITs, it offers exposure to potentially more resilient property types. This product launch timing aligns with the ongoing transformation in the commercial real estate landscape. Both ETFs cater to long-term advisors, suggesting a focus on sustainable growth rather than short-term trends. The success of these products could influence future product development in the ETF industry, potentially spurring more specialized and targeted offerings.
The AlphaEdge suite uses proprietary index strategies developed and managed by Harbor Capital Advisors, Inc.’s Multi-Asset Solutions Team. AlphaEdge strategies stem from proactively working with and listening to clients while evaluating market cycles to identify what Harbor believes are areas of opportunity to earn excess returns or develop more efficient solutions.
Harbor developed and launched VLLU and AREA by leveraging the AlphaEdge concept and conducting extensive research and analysis as part of its core strength in due diligence.
Harbor AlphaEdge Large Cap-Value ETF (VLLU)
For the Harbor AlphaEdge Large Cap-Value ETF, the Multi-Asset Solutions Team uses a proprietary stock selection model, which leans heavily on traditional equity factor research and standard mean-variance portfolio optimization techniques to develop a cohort of 75-150 companies comprising the Harbor AlphaEdge Large-Cap Value Index, which is made up of a subset of the
Harbor AlphaEdge Next Generation REITs ETF (AREA)
The Harbor AlphaEdge Next Generation REITs ETF, or AREA, focuses on the commercial real estate sector where the Multi-Asset Solutions Team seeks to capitalize on economic trends and provide the income and tax benefits of investing in REITs. AREA’s strategy is to hold only companies the Multi-Asset Solutions Team believes to be Non-traditional REITs and weight the companies within the Harbor Alpha Edge Next Generation REITs Index, which identifies US REITs that own and operate properties outside of the traditional REIT property types of Office, Retail Industrial and Multi-family Residential.
AREA is designed to appeal to long-term advisors who seek the income and tax benefits of a REIT investment but who want to avoid structural headwinds facing the asset class. Unlike traditional REITs that may be exposed to the negative economic trends impacting commercial real estate, AREA aims to navigate exposure to property types positioned to benefit from secular tailwinds with resiliency to cyclical headwinds.
“We believe opportunities have come from challenges in commercial real estate ever since the early days of the pandemic,” stated Kristof Gleich, President, and CIO at Harbor Capital Advisors. “We built AREA as a solution for advisors who believe in the opportunities, we see in commercial real estate for years to come, packaged in a vehicle we also believe makes sense for years to come.”
Gleich added, “Similarly, we hear advisors are seeking greater returns from their value allocation, to help address regime changes and increased bouts of market volatility over time. VLLU, via tracking to the Harbor Alpha Edge Large-Cap Value Index, seeks to provide a more sustainable and compelling value solution.”
About Harbor Capital
Harbor Capital Advisors is an asset manager with AUM of
Investors should carefully consider the investment objectives, risks, charges, and expenses of a Harbor fund before investing. To obtain a summary prospectus or prospectus for this and other information, visit harborcapital.com or call 800-422-1050. Read it carefully before investing.
Investing involves risk, principal loss is possible. 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.
AREA: 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. Fund is exposed to real estate risks, including economic conditions, intense competition, and geographic concentration, which can affect property values and investment returns. Investments in REITs are subject to property value changes, management dependency, cash flow issues, and regulatory risks. REITs may also be more volatile and less liquid than other securities. 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 Fund may not perfectly track its Index due to differences in securities held, transaction costs, or uninvested cash. Legal or regulatory constraints can also affect tracking accuracy, particularly during volatile markets. The Fund tracks the Index without using defensive strategies, which can lead to underperformance during market downturns or unusual conditions. Errors or flaws in the Index's methodology or data may have adverse impact the Fund's performance.
VLLU: 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. Stocks perceived as undervalued might not appreciate or realize their full potential, and value-oriented investments may underperform other equity styles at times. The Fund may not perfectly track its Index due to differences in securities held, transaction costs, or uninvested cash. Legal or regulatory constraints can also affect tracking accuracy, particularly during volatile markets. The Fund aims to track the Index without defensive strategies, which could lead to underperformance compared to funds that actively adjust their portfolios. Errors or flaws in the Index's methodology or data may have adverse impact the Fund's performance.
The Russell 1000® Value Index is an unmanaged index generally representative of the U.S. market for larger capitalization value stocks. This unmanaged index does not reflect fees and expenses and is not available for direct investment. The Russell 1000® Value Index and Russell® are trademarks of Frank Russell Company. The Harbor Alpha Edge Large-Cap Value Index tracks a subset of the
Beta is a measure of systematic risk, or the sensitivity of a fund to movements in the benchmark.
Standard mean variance, or standard deviation, is the spread of a group of numbers from the mean.
The views expressed herein may not be reflective of current opinions, are subject to change without prior notice, and should not be considered investment advice or a recommendation to purchase a particular security.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
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MEDIA: Hedda Nadler – Hedda@mountandnadler.com
Andrew
Source: Harbor Capital Advisors, Inc.
FAQ
What are the ticker symbols for Harbor's new ETFs?
How many companies does the Harbor AlphaEdge Large-Cap Value Index (VLLU) include?
What types of REITs does the Harbor AlphaEdge Next Generation REITs ETF (AREA) focus on?
Who developed the strategies for Harbor's new AlphaEdge ETFs?
