Harbor Funds and Harbor Capital Advisors (collectively "Harbor") are pleased to announce Harbor Focused International Fund as the newest addition to their growing family of no-load, open-end mutual funds. The Fund, subadvised by Comgest Asset Management International Limited, commenced operations on June 3, 2019 and aims to be a core holding for equity investors interested in exposure to growth-oriented international companies.

The Harbor Focused International Fund offers an approach that is distinctive from other foreign equity offerings in Harbor's existing line-up. It is a concentrated portfolio of around 25 to 40 stocks — in both the developed and emerging markets — representing the managers' best ideas.

The Comgest team searches for high-quality businesses that it believes can generate annual earnings growth of at least 10% for an extended period of time. In addition to rapid and reliable earnings growth, solid balance sheets, and competitive advantages, Comgest managers also weigh companies on environmental, social, and corporate governance (ESG) factors.

"Comgest is highly regarded in Europe and Asia and is in its early days in the US. We believe now is the opportune time for our partnership and are pleased to add Comgest and the Harbor Focused International Fund to the growing Harbor Family," said Brian Collins, Chief Investment Officer of Harbor. "Comgest's singular focus on quality long-term growth companies results in a high conviction portfolio that differs from its benchmark, which investors are actively seeking."

Comgest, founded in 1985, is a benchmark agnostic global investment manager focused on fundamentals. The firm was chosen as the Fund's subadviser after being vetted through Harbor's rigorous selection process.

The Harbor Focused International Fund is led by the following portfolio managers at Comgest: Laure Négiar, Zak Smerczak, Alexandre Narboni, and Vincent Houghton.

"We are excited to offer U.S. mutual fund investors access to Comgest's unique approach to international stock selection," said Jan-Peter Dolff, Comgest's Chief Operating Officer. "We are also excited to partner with Harbor because Comgest and Harbor share something important — an enduring belief in high-conviction, long-term investing."

There is no guarantee that the investment objective of the Fund will be achieved. Stock markets are volatile and equity values can decline significantly in response to adverse issuer, political, regulatory, market and economic conditions. Investing in foreign and emerging markets poses special risks, including potentially greater price volatility due to regulatory, social, political and economic factors, as well as currency exchange rate fluctuations. These risks are more severe for securities of issuers in emerging markets.

The Fund may invest in a limited number of companies and from time to time, the Fund may be more heavily invested in particular countries, geographic regions or sectors. As a result, the Fund's performance may be more volatile, and you may experience greater losses.

Comgest Asset Management International Limited ("CAMIL") is an independent subadviser to the Harbor Focused International Fund. In providing services to the Fund, CAMIL uses designated persons of its affiliates, including Comgest S.A., based in Paris, France, and Comgest Singapore Ptd Ltd., based in Singapore. CAMIL and such affiliates are referred to collectively as "Comgest."