Australasian Equity Focus Fund – Retail

The investment objective of the Fund is to deliver medium to long term capital growth through investing in quality businesses with strong growth prospects. Over the medium term the Fund expects to out-perform a 50% S&P/NZX50 and a 50% S&P/ASX200 (which is 50% hedged into NZ dollars).

Monthly Fund Fact Sheet

Investment Style

Our investment process for this Fund combines the talents of our individual in-house analysts and portfolio managers. The Fund will generally only invest in stocks that are buy rated by the Harbour analysts with final portfolio construction having no regard to their weighting in the index. These in-house ratings reflect the analyst’s assessment of the growth investment opportunity relative to current market expectations and prices.

Investment process details

Investor Suitability

This Fund actively invests in New Zealand and Australasian listed equities and therefore total returns may be volatile. This Fund may be suitable or investors with a long-term investment horizon and those who are prepared to accept a higher degree of volatility.

In making investment decisions it is important that retail investors seek and obtain any investment advice they require from their usual investment advisor.

Performance to 30 September 2017 *

Return (after deductions for charges and tax) **

1 Mth 3 Mth 1 Yr 2 Yr 3 Yr 5 Yr
4.82% 9.42% 21.06% 22.54% 15.10%

Return (after deductions for charges but before tax)

1 Mth 3 Mth 1 Yr 2 Yr 3 Yr 5 Yr
4.73% 9.40% 21.49% 22.96% 15.62%

Market index return (reflects no deduction for charges and tax)

1 Mth 3 Mth 1 Yr 2 Yr 3 Yr 5 Yr
0.42% 3.62% 10.28% 15.88% 11.57%

The Market Index for this Fund is: 50% S&P/NZX 50 and a 50% S&P/ASX 200 Index (which is 50% hedged into NZ dollars).

* Returns for periods less than a year are for the relevant period and not annualised; those of one or two years are annualised for the period shown. Past performance is not indicative of future results.

** Returns are after tax at the highest prescribed investor rate (PIR) of tax for an individual New Zealand resident. Your tax may be lower.

Australasian Equity Focus Fund Absolute Sector Weights September 2017

Unit Price (NZD)

9 October 20171.5951
2 October 20171.5730
29 September 20171.5623
25 September 20171.5317
18 September 20171.5193
11 September 20171.5270
4 September 20171.4961
31 August 20171.4920
28 August 20171.4882
21 August 20171.4704
14 August 20171.4557
7 August 20171.4622
31 July 20171.4320
24 July 20171.4174
17 July 20171.4383
10 July 20171.4113
3 July 20171.4179
30 June 20171.4287
26 June 20171.4111
19 June 20171.4129
12 June 20171.3703
6 June 20171.3606
31 May 20171.3747
29 May 20171.3725
22 May 20171.3859
15 May 20171.4088
8 May 20171.4103
1 May 20171.4111
28 April 20171.4016
24 April 20171.3724
18 April 20171.3827
10 April 20171.3957
31 March 20171.3863
27 March 20171.3565
20 March 20171.3603
13 March 20171.3510
6 March 20171.3249
28 February 20171.2921
27 February 20171.2920
20 February 20171.3076
13 February 20171.3006
7 February 20171.2568
31 January 20171.2500
30 January 20171.2534
24 January 20171.2543
16 January 20171.2759
9 January 20171.2742
4 January 20171.2669
30 December 20161.2487
28 December 20161.2410
19 December 20161.2361
12 December 20161.2418
5 December 20161.2510
30 November 20161.2558
28 November 20161.2669
21 November 20161.2453
14 November 20161.2594
7 November 20161.2330
31 October 20161.2403
25 October 20161.2599
17 October 20161.2618
10 October 20161.2885
3 October 20161.2969
30 September 20161.2901
26 September 20161.2795
19 September 20161.2647
12 September 20161.2401
5 September 20161.2864
31 August 20161.2750
29 August 20161.2821
22 August 20161.3139
15 August 20161.3403
8 August 20161.3249
29 July 20161.3127
25 July 20161.3181
18 July 20161.2871
11 July 20161.2520
4 July 20161.2413
30 June 20161.2308
27 June 20161.2027
20 June 20161.2443
13 June 20161.2512
7 June 20161.2712
31 May 20161.2801
30 May 20161.2813
23 May 20161.2548
16 May 20161.2694
9 May 20161.2586
29 April 20161.2346
26 April 20161.2534
18 April 20161.2578
11 April 20161.2376
31 March 20161.2453
29 March 20161.2291
21 March 20161.2441
14 March 20161.2516
7 March 20161.1949
29 February 20161.1630
31 January 20161.1797
31 December 20151.2182
30 November 20151.1733
31 October 20151.1071
30 September 20151.0401
31 August 20151.0516
31 July 20151.1138
30 June 20151.0623
31 May 20151.0635
30 April 20151.0314
31 March 20151.0265
27 February 20151.0615
30 January 20151.0287
31 December 20141.0053