Harbor Capital Advisors, Inc is to add to its ETF line-up with the planned launch of a new active and fully transparent ETF, Harbor International Compounders ETF (OSEA) in early September, upon completion of the registration process.
This registration is the first international ETF in the firm’s growing ETF product suite, the firm says. Along with ETFs, Harbor offers a curated experience of mutual funds and collective investment trusts (CITs).
“We are excited to launch the Harbor International Compounders ETF, providing clients with an active, concentrated & fully transparent ETF focused on international companies with expected sustainable earnings growth to help drive compounded long-term wealth creation. In a world seemingly dominated by low-cost index investing we believe active managers need to be truly active to add value,” says Kristof Gleich, President and CIO.
“We are thrilled to partner with C WorldWide Asset Management Fondsmaeglerselskab A/S (“C WorldWide”). Their concentrated, disciplined and long-term orientation have enabled them to build a long track record in International Equity investing and we’re excited for our clients to get to know them and invest with them.”
Harbor International Compounders ETF (OSEA) will pursue an actively managed strategy that seeks long-term growth of capital and invests primarily in equity securities of non-U.S. companies, including those located in emerging market countries.
The C WorldWide investment team seeks to identify what they believe to be high-quality companies with consistent, recurring revenues, stable free cash flows and sustainable returns on invested capital. In seeking to identify those companies for the Fund’s portfolio, the investment team conducts qualitative assessments of companies, including, among other criteria, each company’s business model, management, and financial and valuation metrics.