MEDI Profile
The Harbor Health Care ETF is an actively managed fund that seeks to capitalize on the growth potential within the health care sector. The fund primarily invests in equity securities, focusing on both common and preferred stocks of companies across a broad range of market capitalizations. With a strategic emphasis on health care companies, the fund seeks to provide investors with targeted exposure to a sector that is integral to the global economy and poised for long-term growth. The fund's investment strategy is built around the potential for innovation and advancement within the health care industry.
Under normal market conditions, the Harbor Health Care ETF commits to investing at least 80% of its net assets, including borrowings for investment purposes, in securities of companies that are principally engaged in the research, development, production, or distribution of health care products and services. This includes a wide array of companies involved in pharmaceuticals, biotechnology, medical devices, health care providers, and other related industries. The fund's focus on these sectors allows it to capture the dynamic growth driven by scientific advancements, demographic shifts, and increasing demand for health care services globally.
The Harbor Health Care ETF is non-diversified, meaning that it may invest a larger percentage of its assets in a smaller number of companies compared to diversified funds. This concentration allows the fund to take meaningful positions in companies that its management team believes offer the best opportunities for growth within the health care sector. By focusing on a select group of high-potential companies, the fund aims to deliver superior returns over the long term, although this approach may also result in higher volatility compared to more diversified funds.
The fund is part of Harbor Funds' broader offering of sector-specific ETFs, designed to provide investors with exposure to key areas of the global economy. With the Harbor Health Care ETF, investors gain access to a curated portfolio of companies that are at the forefront of innovation in health care. Whether through groundbreaking medical research, cutting-edge technology, or efficient delivery of health care services, the companies in this fund are positioned to benefit from the ongoing evolution of the health care industry. This ETF offers a compelling investment option for those seeking to participate in the growth and transformation of the health care sector.
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