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Rating:Harbor Picks Marsico to Sub-Advise its Newest Fund Not Rated 0.0 Email Routing List Email & Route  Print Print
Tuesday, March 01, 2011

Harbor Picks Marsico to Sub-Advise its Newest Fund

Reported by Armie Margaret Lee

Harbor Funds [see profile] kicked off the month of March with a product launch. The Chicago-based mutual fund firm on Tuesday rolled out the Harbor Flexible Capital Fund. Marsico Capital Management is the sub-advisor. [SEC filing]

Marsico sub-advises two other funds for Harbor, International Growth and Global Growth.

Expense ratios are 100 basis points for the Flexible Capital Fund's Institutional share class, 125 bps for the Administrative class and 137 bps for the Investor class.

Harbor operates 27 mutual funds, 10 of which are target retirement funds.  

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