Harbor Active Small Cap Growth ETF (SGRW) is an actively managed exchange-traded fund that seeks long-term capital appreciation by investing primarily in domestic small-cap growth stocks. The fund employs a fundamental, bottom-up research process to identify companies with sustainable competitive advantages, strong management teams, and attractive growth prospects; it maintains a portfolio typically comprising 50 to 80 securities selected from the U.S. equity markets, with a focus on sectors such as technology, healthcare, consumer discretionary, and industrials. SGRW offers investors exposure to small-capitalization companies (generally market caps between $250 million and $5 billion) through a non-transparent structure supported by a daily proxy portfolio and custom baskets, minimizing front-running risks associated with active strategies.
Launched in March 2023 and domiciled in the United States, the ETF is issued and managed by Harbor Capital Advisors Inc., a subsidiary of Harbor Capital Advisors Group, Inc., headquartered in Chicago, Illinois. The fund's benchmark is the Russell 2000 Growth Index, and it charges a gross expense ratio of 0.60%, reflecting active management costs. Recent developments include the appointment of experienced portfolio managers Torrey Zachem and James Davolos in 2024 to enhance the team's small-cap expertise, alongside expanded distribution partnerships with major platforms to broaden retail and institutional access. SGRW serves financial advisors, high-net-worth individuals, and institutional investors targeting growth-oriented small-cap allocations within diversified portfolios.