Harbor Capital Advisors Celebrates 3-Year Anniversary with HGER, the Harbor ETF Managed by Strategic Partner Quantix Commodities
CHICAGO–(BUSINESS WIRE)–
Harbor Capital Advisors, Inc. (“Harbor”), the asset manager that curates a select suite of predominantly actively managed ETFs, mutual funds, and collective investment trusts, celebrates three years since launching the Harbor Commodity All-Weather Strategy ETF (HGER).
“We launched HGER three years ago, with the belief that investors in commodities were under allocated to the asset class and underserved from a quality of available investment solutions perspective. We believed then, as now, that there are inherent flaws in the benchmarks that investors allocate to, or active managers peg their risk management towards, and we want to help the industry break free from those constraints,” said Kristof Gleich, President and CIO at Harbor Capital Advisors.
Gleich continued, “We partnered with Quantix with a simple but bold goal: become the new benchmark for commodities investing and lead the space. Three years in, and we are delighted and on our way to achieving that goal, but we still have much work ahead.
“The case for thoughtful diversification away from a simple 60/40 mix remains well in place. As of this month, inflation hasn’t been below the 2% target in over four years now, its longest stretch in thirty years. Given the ongoing macro environment, we believe HGER merits strong consideration for investors looking to build higher return seeking portfolios that seek to be more durable, and so far, the results speak for themselves. I want to thank Quantix for the outstanding service they provide to our clients.”
Average Annual Returns (as of December 31, 2024)
|
|
3-month |
YTD |
1-Year |
3-Year* |
Since ETF Inception (2/9/22) |
|
Harbor Commodity All-Weather Strategy ETF at NAV |
1.22% |
9.55% |
9.55% |
9.71% |
7.57% |
|
Harbor Commodity All-Weather Strategy at Market Price |
1.16% |
9.18% |
9.18% |
9.44% |
7.53% |
|
Quantix Commodity Total Return Index |
1.47% |
10.16% |
10.16% |
11.05% |
8.90% |
|
Bloomberg Commodity Index Total Return (SM) |
-0.45% |
5.38% |
5.38% |
3.10% |
0.61% |
*3-yr figures are as of February 10, 2025
All other figures are annualized as of December 31, 2024
Harbor All-Weather Commodity Strategy ETF Gross Expense Ratio is 0.68%
Performance data shown represents past performance and is no guarantee of future results. Past performance is net of management fees and expenses and reflects reinvested dividends and distributions. Past performance reflects the beneficial effect of any expense waivers or reimbursements, without which returns would have been lower. Investment returns and principal value will fluctuate and when redeemed may be worth more or less than their original cost. Returns for periods less than one year are not annualized. Current performance may be higher or lower and is available through the most recent month end at harborcapital.com or by calling 800-422-1050.
About Harbor Capital
Harbor Capital Advisors is an asset manager with AUM of $65.0 billion as of December 31, 2024, and is known for prudently curating innovative investment strategies from boutique managers from around the globe. Advisors looking for differentiated investment options for their clients’ portfolios often connect with our obsession to find what we believe are bold solutions that have the potential to produce compelling risk-adjusted returns. For more information, visit www.harborcapital.com.
About Quantix Commodities
Quantix offers comprehensive commodity investment solutions delivered by a team of experienced managers. The Quantix partners were pioneers in enhanced commodity index investing while working together at Goldman Sachs, managing the business during the biggest period of commodity index AUM growth in history. With demonstrated trust across their institutional client base and more than 50 years of combined commodity experience, they aim for quality in every part of their business. In 2022 Quantix deployed a compelling inflation hedging framework in the creation of the Quantix Commodity Index. For more information on a firm that eats, sleeps, and drinks commodities, please visit www.quantixcommodities.com.
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.
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.
Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.
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.
Diversification does not assure a profit or protect against loss in a declining market.
A “60/40 portfolio” is guidepost portfolio for a moderate risk investor. Portfolio allocations of 60% to equities to seek capital appreciation and 40% allocation to fixed income help mitigate risk and offer potential income.
Shares are bought and sold at market price not net asset value (NAV). Market price returns are based upon the closing composite market price and do not represent the returns you would receive if you traded shares at other times.
The Bloomberg Commodity Index (“BCOM”) is designed to be a highly liquid and diversified benchmark for commodity investments via futures contracts.
The Quantix Commodity Index (“QCI”) is calculated on a total return basis, which combines the returns of the futures contracts with the returns on cash collateral invested in 13-week U.S. Treasury Bills. The Quantix Commodity Index was developed by Quantix Commodities LP and is owned by Quantix Commodities Indices LLC. These indices are unmanaged and do not reflect fees and expenses and are not available for direct investment.
Foreside Fund Services, LLC is the Distributor of the Harbor ETFs.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250219943087/en/
MEDIA:
Hedda Nadler – [email protected]
Andrew Greene – [email protected] 212-759-4440
KEYWORDS: United States North America Illinois
INDUSTRY KEYWORDS: Banking Asset Management Professional Services Finance
MEDIA: