Fund purpose

The Fund is designed to provide relatively low cost exposure to the NZ sharemarket for investors who prefer a passive investing strategy.

Fund benchmark

S&P/NZX 50 Portfolio Index including imputation credits.

Investment approach

The Fund is designed to track the S&P/NZX 50 Portfolio Index. This index contains the top 50 companies listed on the NZX, but
with a 5% cap on each company.

Quick Facts

Type
 
Equity
Pays distributions?
 
 Yes
Investment horizon
 
Long term
Fees
 
0.20% pa*
Risk/return
 
Higher

*See Product Disclosure Statement for more details. Until 1 April 2021, this Fund was called Harbour NZ Equity Advanced Beta. 

Growth of $10,000 invested in Fund since inception

(cumulative returns after fees, before tax).

 Harbour NZ Index Shares Fund

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

Harbour NZ Index Shares Fund

May 31, 2024

Gross return inc. imputation credits -1.47% -0.82% -1.59% 0.90% -1.67% 3.50%
Benchmark return -1.46% -0.83% -1.76% 0.82% -1.72% 3.98%

Harbour NZ Index Shares Fund

May 31, 2024

Return after fees before tax -1.49% -0.88% -1.80% 0.68% -1.88% 3.20%

Past performance is not indicative of future results. Gross returns means including imputation credits and before all fees, tax & expenses. Inception: 3 December 2014. The Harbour NZ Equity Advanced Beta Fund transitioned to the Harbour NZ Index Shares Fund on 1 April 2021. Returns from 1 April 2021 onward are a combination of both funds. Benchmark: S&P/NZX 50 Portfolio Index.

Unit price
Previous month end price
Fund name Date Unit Price NZD
Harbour NZ Index Shares Fund 2024-06-13 1.8106
Harbour NZ Index Shares Fund 2024-05-31 1.8114

These unit prices are after fees before tax.

Fund name Date Cents per Unit NZD
Harbour NZ Index Shares Fund 2024-03-19 3.58

Responsible investing

As a passive fund, the ESG strategy most salient is company engagement. We are able to use engagement and shareholder votes to influence and encourage better behaviour from companies. This fund also includes negative screening to remove companies whose business activities may lead to significant harm.

Additional information on screening thresholds and processes are outlined in the exclusions section of our ESG Policy.

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

Craig Stent is the Portfolio Manager.

Craig Stent, CFA
Executive Director, Head of Equities
Jorge Waayman
Manager, ESG Research
Andrew Bascand
Managing Director, 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.