Objective

This Fund is designed to provide long-term capital growth through investing in New Zealand and Australian stocks with strong growth potential. It aims to outperform the local equity market.

Investment Approach

The Fund is actively managed and invests in stocks which our equity team believes will outperform the local equity market over the long term. Stocks are chosen through a combination of qualitative bottom-up company research undertaken by our in-house analysts, environmental, social and governance (ESG) integration and quantitative screening of factors such as growth and quality.

Quick Facts

Type
 
Equity
Investment horizon
 
Long term
Fees
 
1.07%pa
Risk/return
 
Higher

 

Responsible investing

For this fund we employ a strategy of integration and company engagement/voting. This means our team researches all the companies we invest in and actively checks for any environmental, social or governance (ESG) risks that may apply to them. It helps our Portfolio Manager develop an understanding of each company, and influences not only whether we invest in companies, but also how much. 

This fund also includes negative screening to remove companies whose business activities may lead to significant harm in society. Zero-tolerance exclusions include tobacco, nuclear explosives, cluster munitions, anti-personnel mines, pornography and controversial firearms. 

Growth of $10,000 invested in Fund since inception

(Cumulative returns after fees, before tax).

Harbour Australasian Equity Fund

view after fees
view before fees
Fund name 1mnth 3mnth 1 year 2 year pa 3 year pa 5 year pa

Harbour Australasian Equity Fund

Sep 30, 2021

Gross return inc. imputation credits 1.22% 8.32% 21.37% 17.24% 14.27% 16.14%
Benchmark return 0.63% 5.17% 13.72% 10.96% 13.24% 13.55%

Harbour Australasian Equity Fund

Sep 30, 2021

Return after fees before tax 1.13% 8.04% 20.06% 15.96% 13.01% 14.86%

Gross returns means including imputation credits and before all fees, tax & expenses. The gross return listed reflects the Harbour Wholesale Fund in which this Fund invests, and the after tax return reflects the Harbour Investment Fund. Returns for periods less than a year are for the relevant period and not annualised; those of a longer period are annualised for the period shown. Past performance is not indicative of future results. The benchmark for the Fund is S&P/NZX50 Index

Unit price
Previous month end price
Fund name Date Unit Price NZD
Harbour Australasian Equity Fund 2021-10-21 4.1404
Harbour Australasian Equity Fund 2021-09-30 4.1779

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.

Fund Fact Sheets are documents we publish monthly. These do not follow a legally prescribed format.

Investment Team for this Fund

Andrew Bascand is the Portfolio Manager

Andrew Bascand
Managing Director
Craig Stent, CFA
Executive Director, Head of Equities
Shane Solly, CFA
Director, 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.