CHICAGO – August 25, 2022 – In a continued effort to add creative innovation and durable value to their investment solutions and talent, the Boards of Trustees of Harbor ETF Trust and Harbor Funds have appointed Landis Zimmerman to serve on the Boards as an independent Trustee. His appointment was effective as of August 9, 2022.

Zimmerman brings to Harbor ETF Trust and Harbor Funds decades of experience investing on behalf of prominent institutions. Zimmerman most recently served 17 years as Chief Investment Officer of the Howard Hughes Medical Institute. Over his tenure, the Howard Hughes Medical Institute’s endowment grew from approximately $13 billion to over $25 billion when he retired in 2021. Prior to joining the Howard Hughes Medical Institute, Zimmerman served as the University of Pennsylvania’s first Chief Investment Officer and as Associate Director of Investments for the Rockefeller Foundation. Earlier in his career, Zimmerman held roles at Bear, Stearns & Co. Inc., J.P. Morgan Securities Inc. and Chemical Bank. He is currently a member of the Japan Science and Technology Agency Investment Advisory Committee.

"Talent continues to be one of our critical priorities at Harbor,” stated Harbor ETF Trust and Harbor Funds Chairman Charles F. McCain. “On behalf of our Boards of Trustees and growing number of associates, we are pleased to have Landis join our Boards. We believe his extensive depth and expertise in the investment management arena and passion for staying apprised of important industry trends will serve Harbor’s current and future shareholders well,” added McCain.

About Harbor

Harbor offers a diverse family of cost-aware investment solutions managed by institutional-caliber firms. We source talented investment teams to manage portfolios and apply a rigorous fiduciary oversight program to monitor their performance and investment decisions. Harbor had combined assets under management of approximately $45 billion as of July 31, 2022. Visit here for more information.

All investments involve risk including the possible loss of principal.

Harbor Capital Advisors, Inc.

The views expressed herein may not be reflective of current opinions, are subject to change without prior notice, and should not be considered investment advice.

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