Fund purpose
This concentrated 'best ideas' Fund is designed to deliver strong growth over the medium to long term, through investing in a smaller number of high quality companies with strong growth prospects.
Fund benchmark
This Fund is not managed in relation to a benchmark. However, we report performance against: 50% S&P/NZX 50 Index & 50% S&P/ASX 200 Index (50% hedged to NZD).
Investment approach
The Fund is actively managed and only invests in stocks which are rated highly by our research analysts. The team use their in-depth company and industry research to rate and pick stocks which they strongly believe will add positively to the Fund.
Quick Facts
Type |
|
Equity |
Investment horizon |
|
Long term |
Fees |
|
1.09% pa* |
Risk/return |
|
Higher |
*may pay an additional performance fee, see Product Disclosure Statement for more details
Growth of $10,000 invested in Fund since inception
(Cumulative returns after fees, before tax).
Responsible investing
We employ a strategy of integration and company engagement, meaning our team researches the companies we invest in and actively checks for any environmental, social or governance (ESG) risks that may apply. It helps our Portfolio Manager develop an understanding of each company, and influences the allocation of capital. This fund also includes negative screening to remove companies whose business activities may lead to significant harm. Zero-tolerance exclusions include the production of tobacco, nuclear explosives, cluster munitions, anti-personnel mines, pornography and controversial firearms.
Additional information on screening thresholds and processes are outlined in the exclusions section of our ESG Policy.
Harbour Australasian Equity Focus Fund
| Fund name | 1mnth | 3mnth | 1 year | 2 year pa | 3 year pa | 5 year pa | |
|---|---|---|---|---|---|---|---|
|
Harbour Australasian Equity Focus Fund Mar 31, 2024 |
Gross return inc. imputation credits | 4.85% | 4.97% | 12.30% | 0.44% | 2.63% | 9.19% |
| Benchmark return | 3.86% | 4.63% | 9.41% | 4.46% | 4.89% | 7.66% | |
|
Harbour Australasian Equity Focus Fund Mar 31, 2024 |
Return after fees before tax | 4.75% | 4.65% | 10.96% | -0.73% | 1.24% | 7.62% |
Past performance is not indicative of future results. Inception: 10 April 2014. Benchmark: 50% S&P/NZX 50 Index & 50% S&P/ASX 200 Index (50% hedged into NZD). Return before fees & tax, including imputation credits, is for the wholesale fund, into which this fund invests. |
|||||||
| Fund name | Date | Unit Price NZD |
|---|---|---|
| Harbour Australasian Equity Focus Fund | 2024-04-24 | 2.4377 |
| Harbour Australasian Equity Focus Fund | 2024-03-28 | 2.5219 |
These unit prices are after fees before tax. |
||
Investor Documents
Fund Updates contain important information for investors, covering topics such as performance, fees and holdings. They are published quarterly by all licensed fund managers under the Financial Markets Conduct Act 2013 (FMCA), and follow a standardised format. You can also view the Portfolio Holdings for this fund on the Sorted Smart Investor website.
Fund Fact Sheets are documents we publish monthly. These do not follow a legally prescribed format.
Investment Team for this Fund
Shane Solly is the Portfolio Manager
The Harbour Australasian Equity Fund has been certified by RIAA, according to the strict operational and disclosure practices required under the Responsible Investment Certification Program. The Certification Symbol signifies that an investment product or service has implemented an investment style and process that takes into account environmental, social, governance or ethical considerations.
The Responsible Investment Certification Program does not constitute financial product advice. Neither the Certification Symbol nor RIAA recommends to any person that any financial product is a suitable investment or that returns are guaranteed. Appropriate professional advice should be sought prior to making an investment decision. For more information see www.responsibleinvestment.org/.
The Harbour Investment Funds Product Disclosure Statement, Statement of Investment Policy and Objectives, Other Material Information and latest collection of quarterly Fund Updates can be found in the footer of this website. These documents have been prepared in accordance with the Financial Markets Conduct Act 2013 (FMC Act). If you aren't sure about anything, we recommend you seek advice from a qualified financial advisor.