WINN - WINN: Winning So Far But Active Is Challenging In Large-Caps
2024-05-07 03:53:11 ET
Summary
- The Harbor Long-Term Growers ETF attempts to add value through active management by focusing on companies with competitive advantages and strong leadership.
- WINN's portfolio is concentrated with 64 holdings, and its top ten holdings make up 56.2% of the portfolio.
- WINN has outperformed the iShares Russell 1000 Growth ETF over the past two years, but investing in growth stocks late in the cycle may be risky.
It's very hard to outperform passive large-cap market averages through stock picking alone. Study after study proves that. There are some fund companies though that still try to add value this way, despite the difficulty in doing so through active management. One fund that attempts to capture perceived inefficiencies is the Harbor Long-Term Growers ETF ( WINN ). This actively-managed fund uses a proprietary strategy that combines bottom-up research with systematic portfolio construction. The focus is on companies which exhibit a combination of structural competitive advantages, industry leadership, strong cash flow generation, balance sheet strength, and experienced leadership. And so far, it seems to be working....
WINN: Winning So Far, But Active Is Challenging In Large-Caps