News & Commentary

Change in Portfolio Managers for Harbor International Growth Fund
November 28, 2014

Effective November 30, 2014, Moritz Sitte, Sophie Earnshaw and Tom Walsh will join Gerard Callahan, Iain Campbell and Joe Faraday as members of Baillie Gifford Overseas Limited's ("Baillie Gifford") Portfolio Construction Group. The Portfolio Construction Group has responsibility for making investment decisions for the Harbor International Growth Fund using a team based approach. Paul Faulkner, currently a member of the Portfolio Construction Group, will be departing Baillie Gifford by December 1, 2014 and therefore will no longer have any responsibility for managing the Harbor International Growth Fund following his departure.

Mr. Sitte and Ms. Earnshaw are Portfolio Managers at Baillie Gifford and have been associated with Baillie Gifford since 2010. Mr. Walsh is a Portfolio Manager at Baillie Gifford and has been associated with Baillie Gifford since 2009.

The portfolio managers for Harbor International Growth Fund will now consist of Gerard Callahan, Iain Campbell, Joe Faraday, Moritz Sitte, Sophie Earnshaw and Tom Walsh. As before, the portfolio managers will continue to have collective responsibility for all stocks within the portfolio, helped and supported by the research and idea generation of other investment professionals at Baillie Gifford.

If you have any questions regarding the portfolio management changes of the Harbor International Growth Fund, please contact Harbor Funds at 800-422-1050 between the hours of 8:00 a.m. and 6:00 p.m. Eastern time or visit the Harbor Funds website at harborfunds.com.