Harbor Capital Advisors Expands Growing ETF Lineup with the Harbor Emerging Markets Select ETF and Extends Partnership with C WorldWide Asset Management
EMES is managed by C WorldWide which integrates a global, long-term thematic framework into its bottom-up process. At its core, C WorldWide looks to identify well-managed companies positioned to benefit from favorable thematic tailwinds and long-term secular trends.
Opportunity-Driven, All-Cap Focus in Emerging Markets
EMES seeks to provide investors with exposure to equities from countries and industries that are market leaders or emerging leaders while simultaneously leveraging C WorldWide’s concentrated and long-term investment approach.
“We are telling our clients to continue to look abroad, particularly in emerging markets, especially in times of prolonged volatility,” said Kristof Gleich, President & CIO at Harbor. “We have found a manager in C WorldWide that concentrates on every holding, with their experienced research team and long-term mentality, putting their trusted investment disciplines into practice for nearly 40 years.”
C WorldWide conducts in-depth, focused stock picking within specific themes and countries. Examples of Emerging Market thematic tailwinds include: the rise of the Emerging Market consumer, financial development & inclusion, and the clean energy transition. A highly selective approach limits EMES to a maximum of 50 underlying holdings despite coverage across all market caps.
EMES pairs the transparency, liquidity and tax advantages of the ETF vehicle with a storied active investment philosophy, process and team at C WorldWide.
About Harbor Capital
Harbor Capital Advisors is an asset manager with an 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.
EMES: 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. Large cap stocks may underperform compared to small or mid cap stocks, which may lead the Fund to lag behind funds focused on smaller caps, while mid cap stocks carry added risks like illiquidity and higher volatility than those of large companies. The Fund's investments in foreign securities, particularly emerging markets, expose it to higher risks than funds investing only in the
ETFs are subject to capital gains tax and taxation of dividend income. However, ETFs are structured in such a manner that taxes are generally minimized for the holder of the ETF. An ETF manager accommodates investment inflows and outflows by creating or redeeming “creation units,” which are baskets of assets. As a result, the investor usually is not exposed to capital gains on any individual security in the underlying portfolio. However, capital gains tax may be incurred by the investor after the ETF is sold.
C WorldWide is the subadvisor to the Harbor Emerging Markets Select ETF.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
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Hedda Nadler – Hedda@mountandnadler.com
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Source: Harbor Capital Advisors, Inc.