The US active asset manager is preparing to make its debut in autocallables through a basket of quantitative investment strategy (QIS) indices with a correlation target.
Harbor Capital Advisors (Harbor) is poised to launch three autocallable exchange-traded funds (ETFs) on NYSE Ara, according to an SEC filing that will go effective on 1 September. The product suite is income-driven and targets different risk profiles through variations of underlying indices and barrier levels. All of the funds aim to provide monthly distribution and the potential to limit downside losses through exposure to an index designed to replicate the performance of a laddered