HAPI Profile
The Harbor Human Capital Factor US Large Cap ETF aims to provide investors with exposure to a carefully selected portfolio of large-cap U.S. companies. The fund invests at least 80% of its total assets in securities included in its underlying index. This index is constructed to reflect the performance of approximately 150 U.S. companies identified by Irrational Capital LLC ("Irrational Capital") based on their proprietary evaluation of corporate culture. The selection process focuses on companies that exhibit strong human capital practices and management capabilities.
The index tracked by the Harbor Human Capital Factor US Large Cap ETF utilizes a modified market capitalization-weighted approach to build its portfolio. The underlying methodology, developed by Irrational Capital, assesses and scores companies on various aspects of their corporate culture and human capital management. This unique scoring system aims to identify firms that are likely to achieve superior performance due to their emphasis on employee engagement, leadership quality, and organizational effectiveness.
The fund's strategy reflects a broader trend of integrating human capital factors into investment decisions, recognizing that strong corporate culture can be a critical driver of long-term financial success. By focusing on companies with robust human capital practices, the ETF seeks to capture the potential benefits associated with organizations that are well-positioned to attract and retain talent, foster innovation, and maintain operational efficiency.
Investors in the Harbor Human Capital Factor US Large Cap ETF gain access to a diversified portfolio of large-cap U.S. equities, selected through a rigorous screening process that prioritizes human capital factors. The ETF offers a distinctive approach to equity investing by emphasizing the role of corporate culture in determining company performance. However, as with any investment, potential investors should consider the associated risks, including market volatility and the specific focus of the human capital evaluation methodology, which may impact the fund's performance relative to broader market indices.
|
