Harbor Capital Advisors has launched the Harbor All-Weather Inflation Focus ETF (HGER).
The fully transparent ETF will seek to track the performance of the Quantix Inflation Index before fees and expenses. The index was developed by Quantix Commodities LP and is owned by Quantix Commodities Indices, LLC.
“As we continue our pursuit of delivering powerful and forward-looking investment solutions to meet the growing needs of our clients and investors, we are excited to bring this compelling new strategy to market. Simply put, we believe HGER offers investors a better solution for hedging inflation by accessing the commodities markets. Inflation is top of mind for our clients, having recently reached levels not seen in decades in the US. We hope this ETF will help them navigate through these uncertain times,” says Kristof Gleich, President and CIO of Harbor Capital Advisors.
“We are thrilled to partner with Don Casturo and his team at Quantix. Their background and decades of experience investing and trading in commodity markets at Goldman Sachs helps make them the ideal partner in managing this strategy for our clients, especially as investors seek to position their portfolios to address the increasingly complicated inflationary market dynamic,” says Gleich.
Quantix, the sub-adviser to the ETF, is a commodities focused asset manager specialising in the development and management of commodities-based investment strategies. The firm is an industry leader in delivering innovative and comprehensive commodity investment solutions to the marketplace.
“We are pleased to partner with Harbor in bringing this exciting new ETF to market. HGER offers a cost-effective solution for investors seeking an enhanced inflation hedge through a differentiated approach to investing in commodities. The strategy is distinctly designed to provide investors with a broad-based, diversified inflation hedge while targeting liquid commodities with high expected inflation sensitivity,” says Don Casturo, Founding Partner & CIO at Quantix.