Harbor Alpha Layering ETF (HOLD)

Harbor Alpha Layering ETF (HOLD) is an exchange-traded fund in the Systematic Trend category. It has $8.19M in assets, an expense ratio of 0.70% and a 5.27% dividend yield. The fund’s subadvisor, employs a quantitative approach that “layers” an active, trend-following managed futures strategy on top of a passive position that is intended to replicate the returns of the S&P 500 Index. One dollar invested in the fund provides a total exposure of approximately one dollar and fifty cents (150% total exposure), which is allocated 75% to the long passive U.S. equity strategy and 75% to the managed futures strategy. The fund is non-diversified.