Objective
This Fund is designed to provide capital growth over time and produce attractive levels of income too.
Investment Approach
The stock picking process for this Fund blends a strong quantitative selection process with a qualitative research overlay. The Fund predominantly invests in equities, but also holds cash and fixed interest securities. It is designed to be more diversified than typical equity funds, and provide scope for regular sustainable income from equity yields.
Quick Facts
Type |
|
Equity, Income |
Pays distributions? |
|
Yes, this Fund pays a quarterly distribution. The amount paid reflects the yield earned from the securities inside the Fund that quarter |
Investment horizon |
|
Long term |
Fees |
|
1.05% pa -see Product Disclosure Statement for more details |
Risk/return |
|
Medium |
Growth of $10,000 invested in Fund since inception
(Cumulative returns after fees, before tax. This includes the reinvestment of the Fund's distributions).
Harbour Australasian Equity Income Fund
| Fund name | 1mnth | 3mnth | 1 year | 2 year pa | 3 year pa | 5 year pa | |
|---|---|---|---|---|---|---|---|
|
Harbour Australasian Equity Income Fund Sep 30, 2018 |
Gross return inc. imputation credits | 1.10% | 3.84% | 11.24% | 8.74% | 11.29% | 13.05% |
| Benchmark return | -0.24% | 4.46% | 18.40% | 13.84% | 17.25% | 13.67% | |
|
Harbour Australasian Equity Income Fund Sep 30, 2018 |
Return after fees before tax | 1.02% | 3.54% | 10.01% | 7.55% | 10.06% | 11.78% |
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. The after fees before tax return includes the reinvestment of the Funds’ distribution. Past performance is not indicative of future results. The benchmark for the Fund is 60% S&P/ASX Industrials Index (equally weighted and 90% hedged to NZD) and 40% S&P/NZX Portfolio Index |
|||||||
| Fund name | Date | Unit Price NZD |
|---|---|---|
| Harbour Australasian Equity Income Fund | 2018-10-16 | 1.7195 |
| Harbour Australasian Equity Income Fund | 2018-09-28 | 1.7872 |
These unit prices are after fees before tax, and assume distributions are reinvested. |
||
| Fund name | Date | Cents per Unit NZD |
|---|---|---|
| Harbour Australasian Equity Income Fund | 2018-09-17 | 2.08 |
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
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.