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Morningstar

Harbor International Administrative HRINX Fund Analysis

Morningstar Medalist Rating
| Medalist Rating as of | See Harbor Investment Hub

Morningstar’s Analysis HRINX

Will HRINX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable HRINX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the HRINX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of HRINX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Portfolio Manager Retires From Harbor International; Ratings Under Review

null Adam Sabban

Adam Sabban

Analyst Note

Manager Simon Somerville abruptly retired from Harbor International's subadvisor Marathon Asset Management, the firm announced in an April 12 filing. Somerville managed the second-largest sleeve allocation of Japanese equities, representing roughly 8% of fund assets. This news is unexpected, and given the firm’s recent history of personnel instability, the fund’s Morningstar Medalist Rating is now Under Review.

by Adam Sabban
Published on

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