| Investment Objective: |
Harbor AlphaEdge Large Cap Value ETF seeks to provide investment results that track, before fees and expenses, the performance of the Harbor AlphaEdge Large Cap Value Index (the "Index"). The Fund employs an indexing (or "passive") investment approach designed to track the performance of the Index, which is constructed by Harbor Capital Advisors, Inc. using a proprietary, rules-based methodology. The Index consists of equity securities of U.S.-listed companies that exhibit attractive valuation along with positive fundamental and price characteristics according to the Index Provider's methodology. The Fund invests at least 80% of its total assets in securities that are included in the Index. The Index Provider identifies the universe of securities eligible to be included in the Index (the "Index Universe"). The Index Universe consists of U.S.-listed equity securities selected from among the largest U.S. companies by market capitalization in accordance with the Index methodology. The Index Provider then scores each company in the Index Universe based on its proprietary stock selection scoring model, which assesses companies across five individual factor composites: Capital Deployment, Momentum, Quality, Risk and Valuation. |
