The teams at $67.2-billion-AUM* fund firm in the Midwest and an employee-owned, $50-billion-AUM* boutique in the Southeast are teaming up on another new fund, this time with an emphasis on artificial intelligence.

On Monday (January 12), Kristof Gleich, president and chief investment officer at Harbor Capital Advisors [profile], unveiled the launch of the Harbor AI Inflection Strategy ETF (EPAI on the NYSE Arca). Chicago-based Harbor serves as the new ETF's investment advisor, and Atlanta-based Earnest Partners LLC (which already powers a number of other Harbor ETFs and mutual funds) is the subadvisor.

EPAI's inception date was December 17, and the new fund comes with an expense ratio of 88 basis points. As of today, the new ETF has about $3.784 million in AUM.

Paul Viera, founder and CEO of Earnest, serves as EPAI's portfolio manager.

Gleich, who says he plans to significantly expand Harbor's ETF business this year, puts the launch of EPAI in the context of the size of the A.I.-driven capital investment cycle and notes that "the biggest opportunities aren't always front and center."

"Most investors are still crowding into many of the same stocks," Gleichs tates. "EPAI is built to uncover a broader — and often overlooked — set of companies that we believe are positioned to benefit from the actual dollars being deployed."

"We view AI not as a single category of stocks, but as an expanding ecosystem that includes both the technology and the infrastructure that supports it," Viera states. "Our objective is to identify businesses positioned to benefit as that buildout continues and as AI becomes more embedded in how companies operate and compete every day."

EPAI is an actively managed, non-diversified series of Harbor ETF Trust. The new fund's other service providers include:

Ernst & Young, LLP as independent accounting firm;

ACA's Foreside Fund Services, LLC as distributor; and

State Street Bank and Trust Company as custodian, dividend disbursing agent, and transfer agent.

*As of December 31, 2025. 

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