Harbor ETF Trust recently filed a Form 497K with the Securities and Exchange Commission (SEC), which is a notification of election to be regulated as a business development company. This filing is significant as it indicates the company’s intention to operate as a business development company, which typically invests in small and medium-sized businesses to help them grow. By electing this status, Harbor ETF Trust may benefit from certain regulatory exemptions and tax advantages available to business development companies.
Harbor ETF Trust is a financial services company that offers a range of exchange-traded funds (ETFs) to investors. As a business development company, the company may seek to provide financing and capital to eligible businesses in exchange for an ownership stake. This filing underscores Harbor ETF Trust’s commitment to expanding its investment portfolio and exploring new opportunities in the market. For more information about Harbor ETF Trust and its offerings, please visit their website at https://www.harborfunds.com/.
Form 497K is a filing required by the SEC for companies electing to be regulated as business development companies. This form provides important information about the company’s decision to operate under this regulatory framework, including details about its investment strategy and objectives. Investors and stakeholders can review this filing to better understand Harbor ETF Trust’s plans and how they may impact the company’s operations and financial performance in the future.
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Harbor ETF Trust (0001860434) Submits Form 497K to SEC
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