Objective

The Harbour Real Estate Investment Fund aims to provide medium term capital growth and income from real estate. It utilises the expertise of portfolio manager Shane Solly, who has over 20 years of experience with this asset class. The Fund provides investors with easier access to a diversified portfolio of different types of commercial and industrial property. 

Investment Approach

To enhance expected returns and manage risk the Fund’s investment process seeks to identify securities with prospective income yield and capital growth which is under-appreciated by the investment market. The Fund may also hold securities which are not included in listed property security or Real Estate Investment Trusts (REITS) benchmark indices. To be included, underlying profit certainty needs to be high.  Examples include property management, sea ports, toll roads, airports, cell-phone towers, aged care & retirement villages, waste management facilities and data centres industries.

Quick Facts

Type
 
Equity, Income
Pays distributions?
 
Yes
Investment horizon 
 
Medium term
Fees
 
0.72% pa*
Risk/return
 
Lower to medium

 *See Product Disclosure Statement for more details

Harbour Real Estate Investment Fund

Unit price
Previous month end price
Fund name Date Unit Price NZD
Harbour Real Estate Investment Fund 2018-12-11 0.9961
Harbour Real Estate Investment Fund 2018-11-30 0.9919

These unit prices are after fees before tax.

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

Harbour Real Estate Investment Fund

Nov 30, 2018

Gross return inc. imputation credits 2.52% - - - - -
Benchmark return 3.97% - - - - -

Harbour Real Estate Investment Fund

Nov 30, 2018

Return after fees before tax 2.46% - - - - -

Gross returns means including imputation credits and before all fees, tax & expenses. 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/NZX All Real Estate Index

Investment Team for this Fund

Shane Solly, CFA
Director, Portfolio Manager
Craig Stent, CFA
Executive Director, Head of Equities

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.

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.