Harbor Transformative Technologies ETF(AMEX:TEC)

TEC seeks long-term capital appreciation through an actively managed portfolio of stocks issued by US companies that are poised to benefit from transformative technology. These firms utilize technology as a transformative means to target new markets or expand opportunities within existing markets. To construct the portfolio, the sub-adviser employs bottom-up, fundamental research focusing on companies with strong competitive positions, unique growth drivers, or upcoming catalysts such as new product launches and new market expansion, experienced management teams, expected growth in revenue or earnings, and/or cash flow that is expected to outpace market averages. Financially material ESG factors may also be considered. The fund may invest up to 20% of its assets in stocks issued by foreign companies. The portfolio may include companies of any size and industry. However, it is non-diversified and concentrates 25% or more of its net assets in the information technology sector.