Harbor Capital Advisors expands ETF suite with All-Weather Inflation Focus Strategy

Rhea-AI Summary

Harbor Capital Advisors is launching the Harbor All-Weather Inflation Focus ETF in February, following the introduction of two fixed-income ETFs (SIFI, SIHY) earlier this fall. This new ETF aims to track the Quantix Inflation Index and offers a timely strategy for clients amid rising inflation concerns. Harbor Capital emphasizes an active investment approach and has approximately $63 billion in assets under management as of September 30, 2021. The registration process is ongoing, and the ETF's performance will be subject to market conditions.

Positive

• Launch of Harbor All-Weather Inflation Focus ETF in February strengthens product lineup.
• ETF aims to track Quantix Inflation Index, addressing current inflation concerns.
• Partnership with Quantix Commodities aims to enhance ETF strategy.

Negative

• ETF is new with limited operating history, increasing uncertainty.
• Potential market volatility may affect ETF performance.

CHICAGO--(BUSINESS WIRE)-- 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.”

About Harbor Capital

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.

View source version on businesswire.com: https://www.businesswire.com/news/home/20211122006332/en/

Hedda Nadler – Mount & Nadler – Hedda@mountandnadler.com – 212-759-4440

 

Source: Harbor Capital Advisors, Inc.

FAQ

What is the Harbor All-Weather Inflation Focus ETF's ticker symbol?

The ticker symbol for the Harbor All-Weather Inflation Focus ETF has not been specified yet.

When will the Harbor All-Weather Inflation Focus ETF be launched?

The Harbor All-Weather Inflation Focus ETF is expected to launch in early February.

What is the focus of the new Harbor ETF?

The Harbor All-Weather Inflation Focus ETF aims to track the performance of the Quantix Inflation Index.

What other ETFs has Harbor Capital launched recently?

Harbor Capital launched two fixed-income ETFs, SIFI and SIHY, earlier this fall.

What is the total assets under management for Harbor Capital Advisors?

Harbor Capital Advisors had approximately $63 billion in assets under management as of September 30, 2021.