Fund purpose

The Fund objective is to outperform the benchmark before fees and tax over a rolling 5-year period. Multi asset funds are a whole portfolio in one fund, containing a balance of different asset classes.  

Fund benchmark

2% S&P/NZX Bank Bills 90-Day Total Return Index, 4% Bloomberg NZBond Composite 0+ Yr Index, 2% Bloomberg Global Agg Corporate Total Return (100% hedged NZD), 4% Bloomberg Global Agg Treasury Total Return (100% hedged NZD), 5% Bloomberg Global Agg Total Return (100% hedged NZD), 3% NZ Official Cash Rate + 4%, 53% MSCI All Country World Index (50% hedged to NZD), 27% S&P/NZX 50 Index Gross with Imputation Credits. 

Investment approach

The Fund is designed to provide investors with exposure to a wide range of domestic and global assets. The Fund invests approximately 80% in growth assets such as shares, property and infrastructure and approximately 20% into more defensive assets, predominantly investment grade bonds. The Manager will use active management to enhance returns and manage downside risks. 

Quick facts

Type
 
Growth, Income
Pays distributions?
 
Yes
Investment horizon
 
Medium to long term
Fees
         
1.00% pa*
Risk/return
 
This fund has a medium to high level of volatility

*See Product Disclosure Statement for more details

Responsible investing

We employ a strategy of integration and company engagement/voting, 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 not only whether we invest in companies, but also how much. The fund also utilises external managers, who must meaningfully integrate ESG and impact into their processes.

Additional information on screening thresholds and processes are outlined in our ESG Policy and the fund Statement of Investment Policy & Objectives (SIPO).

Investment Team for this Fund

Hamish Pepper
Head of Multi-Asset and Global Investments
Lewis Fowler, CFA
Portfolio Manager

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.