HNFIX: Harbor Focused International Investor

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HNFIX Harbor Focused International Investor


Profile

HNFIX - Profile

Vitals

  • YTD Return N/A
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $28 M
  • Holdings in Top 10 45.0%

52 WEEK LOW AND HIGH

N/A
N/A
N/A

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.60%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 23.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $2,500
  • IRA $1,000

Fund Classification


Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.15%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Harbor Focused International Fund
  • Fund Family Name
    Harbor
  • Inception Date
    Jun 03, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Inv
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Laure Négiar

Fund Description

The fund invests primarily in the common stocks of non-U.S. companies, including those located in emerging market countries. The Subadviser's investment philosophy centers on the belief that sustainable earnings growth leads to above-average investment returns at below-average risk. The investment process generally results in a portfolio of 25 to 40 companies and, from time to time, may result in more substantial investments in particular countries, regions or sectors.


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Categories

Performance

HNFIX - Performance

Return Ranking - Trailing

Period HNFIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -44.2% 3.3% N/A
1 Yr N/A -42.5% 29.0% N/A
3 Yr N/A* -14.3% 23.4% N/A
5 Yr N/A* -9.3% 13.6% N/A
10 Yr N/A* -2.6% 8.5% N/A

* Annualized

Return Ranking - Calendar

Period HNFIX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -4.0% 45.1% N/A
2018 N/A -32.2% 68.4% N/A
2017 N/A 0.0% 50.9% N/A
2016 N/A -12.2% 5.7% N/A
2015 N/A -16.3% 8.1% N/A

Total Return Ranking - Trailing

Period HNFIX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -44.2% 3.3% N/A
1 Yr N/A -42.5% 29.0% N/A
3 Yr N/A* -13.4% 23.4% N/A
5 Yr N/A* -8.5% 13.6% N/A
10 Yr N/A* -0.2% 10.3% N/A

* Annualized

Total Return Ranking - Calendar

Period HNFIX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -4.0% 45.1% N/A
2018 N/A -32.2% 68.4% N/A
2017 N/A 0.0% 53.4% N/A
2016 N/A -12.2% 8.0% N/A
2015 N/A -15.1% 11.4% N/A

NAV & Total Return History


Holdings

HNFIX - Holdings

Concentration Analysis

HNFIX Category Low Category High HNFIX % Rank
Net Assets 28 M 10 155 B 92.56%
Number of Holdings 32 6 1229 96.36%
Net Assets in Top 10 13.4 M 123 K 33.9 B 92.53%
Weighting of Top 10 44.99% 7.0% 99.6% 11.52%

Top 10 Holdings

  1. Ping An Insurance (Group) Co. of China Ltd Class H 6.01%
  2. Hikari Tsushin Inc 5.13%
  3. Hoya Corp 4.66%
  4. Inner Mongolia Yili Industrial Group Co Ltd 4.55%
  5. L'Oreal SA 4.54%
  6. Heineken NV 4.44%
  7. Roche Holding AG Dividend Right Cert. 4.04%
  8. SAP SE 3.97%
  9. Hangzhou Hik-Vision Digital Technology Co Ltd 3.90%
  10. Fomento Economico Mexicano SAB de CV ADR 3.75%

Asset Allocation

Weighting Return Low Return High HNFIX % Rank
Stocks
95.25% 7.92% 100.61% 78.67%
Cash
4.75% -0.79% 92.08% 18.79%
Preferred Stocks
0.00% 0.00% 0.57% 62.42%
Other
0.00% -0.26% 4.39% 66.46%
Convertible Bonds
0.00% 0.00% 2.59% 57.78%
Bonds
0.00% 0.00% 0.80% 61.57%

Stock Sector Breakdown

Weighting Return Low Return High HNFIX % Rank
Consumer Defense
27.99% 1.43% 47.23% 3.43%
Technology
19.20% 0.15% 36.44% 32.53%
Healthcare
16.04% 0.00% 36.90% 28.89%
Industrials
14.09% 0.00% 30.24% 47.88%
Financial Services
9.54% 0.00% 34.92% 80.81%
Communication Services
4.99% 0.00% 31.08% 68.08%
Consumer Cyclical
4.97% 1.92% 50.63% 96.36%
Basic Materials
3.17% 0.00% 15.07% 62.42%
Utilities
0.00% 0.00% 15.34% 78.18%
Real Estate
0.00% 0.00% 15.73% 79.39%
Energy
0.00% 0.00% 8.16% 90.51%

Stock Geographic Breakdown

Weighting Return Low Return High HNFIX % Rank
Non US
92.08% 7.92% 99.85% 46.46%
US
3.17% 0.00% 22.76% 67.47%

Expenses

HNFIX - Expenses

Operational Fees

HNFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.60% 0.01% 55.61% 4.23%
Management Fee 0.75% 0.00% 1.50% 50.70%
12b-1 Fee 0.25% 0.00% 1.00% 42.08%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

HNFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.21% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

HNFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.10% 2.00% N/A

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

HNFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 23.00% 4.00% 151.99% 28.54%

Distributions

HNFIX - Distributions

Dividend Yield Analysis

HNFIX Category Low Category High HNFIX % Rank
Dividend Yield 0.00% 0.00% 8.62% 61.57%

Dividend Distribution Analysis

HNFIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Semi-Annually Semi-Annually

Net Income Ratio Analysis

HNFIX Category Low Category High HNFIX % Rank
Net Income Ratio 0.15% -1.17% 3.11% 83.61%

Capital Gain Distribution Analysis

HNFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Dividend Payout History

View More +

Fund Manager Analysis

HNFIX - Fund Manager Analysis

Managers

Laure Négiar


Start Date

Tenure

Tenure Rank

May 31, 2019

0.75

0.8%

Laure Negiar joined Comgest in 2010, initially within the firm’s US equity team as an Analyst before moving to the Global equity team where she is today a Portfolio Manager and Analyst. Laure also contributes to the EAFE Plus strategy and co-manages several global equity segregated accounts. Before joining Comgest, Laure worked at BNP Paribas Equities & Derivatives in Paris and London, and prior to that worked in several roles within the US government. Laure obtained a Bachelor’s degree in Public Policy from Stanford University (with Honours and Phi Beta Kappa) before graduating on the Dean's list with an MSc in Management from the HEC business school in France. Laure is also a CFA® charterholder.

Zak Smerczak


Start Date

Tenure

Tenure Rank

May 31, 2019

0.75

0.8%

Zak Smerczak joined Comgest in 2016 and is an Analyst and Portfolio Manager in the Global equity team. Zak started his career in 2006 at Deloitte in London, initially in Assurance & Advisory Services before moving to Transaction Services where he was responsible for operational and financial due diligence. In 2011 Zak joined Mirabaud Asset Management where he worked as an Analyst covering global equities. In 2015 he moved to Polar Capital Holdings where he held the position of Analyst / Portfolio Manager for the firm’s global multi-asset income strategy. Zak holds a Bachelor of Business Science Degree with Honours in Finance from the University of Cape Town. He is a CFA® charterholder and has been a member of the Institute of Chartered Accountants of Scotland since 2009.

Alexandre Narboni


Start Date

Tenure

Tenure Rank

May 31, 2019

0.75

0.8%

Alexandre Narboni joined Comgest in 2009, initially within the firm’s US equity team before moving to the Global equity team in 2018 where he is today a Portfolio Manager and Analyst. Alexandre is also responsible for developing and supervising Comgest’s Flex strategies, the firm's first investment strategies to employ hedging techniques with the objective of reducing volatility and drawdowns. Before joining Comgest, Alexandre worked in New York, firstly in asset-backed securities at Société Générale from 2005 to 2007 and then as a hedge fund credit Analyst at HSBC. After graduating from the National School of Statistics and Economic Administration (ENSAE) in Paris, he studied for one year at Columbia University in New York where he was awarded a Master’s degree in Financial Mathematics.

Richard Mercado


Start Date

Tenure

Tenure Rank

Dec 31, 2019

0.16

0.2%

Mr. Mercado joined Comgest in 2019 and is an Analyst and Portfolio Manager in the Global equity team. Before joining Comgest, Mr. Mercado worked in London as a Portfolio Manager responsible for a North American equities fund with USS Investment Management and prior to that, as a Global Equities Portfolio Manager with F&C Investments. From 2001 to 2008 he worked in Australia, with Capital Partners as an Investment Analyst and with AMP Capital Investors as an Investment Strategist. Mr. Mercado began his investment career in 2001.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 25.43 7.18 17.59