Harbor Funds [see profile] kicked off the month of March with a product launch. The Chicago-based mutual fund firm on Tuesday rolled out the Harbor Flexible Capital Fund. Marsico Capital Management is the sub-advisor. [SEC filing]

Marsico sub-advises two other funds for Harbor, International Growth and Global Growth.

Expense ratios are 100 basis points for the Flexible Capital Fund's Institutional share class, 125 bps for the Administrative class and 137 bps for the Investor class.

Harbor operates 27 mutual funds, 10 of which are target retirement funds.  

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