Fund purpose
The Fund objective is to exceed the Official Cash Rate (OCR) plus 5% per annum over rolling 5-year periods. Multi asset funds are a whole portfolio in one fund, containing a balance of different asset classes. Investors can pick one or mix funds together.
Fund benchmark
5% S&P/NZX Bank Bills 90-Day Index, 25% Bloomberg NZBond Composite 0+ Yr Index, 5% S&P/NZX All Real Estate Index, 22.5% S&P/NZX 50 Index, 7.5% S&P/ASX 200 Index (50% hedged to NZD), 35% MSCI All Country World Index (30% hedged to NZD).
Investment approach
The Fund invests approximately 70% in growth assets such as shares, property and infrastructure and approximately 30% into more defensive assets, predominantly investment grade bonds. The Fund is actively managed, harnessing the expertise of Harbour's award-winning investment team for domestic asset classes, and best-in-class externally-managed global funds.
Quick facts
Type |
|
Growth, Income |
Pays distributions? |
|
Yes |
Investment horizon |
|
Longer term |
Fees |
|
0.95% pa* |
Risk/return |
|
Medium |
Current distribution rate |
5% pa* |
*See Product Disclosure Statement for more details
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 Active Growth Fund
| Fund name | Date | Unit Price NZD |
|---|---|---|
| Harbour Active Growth Fund | 2024-12-18 | 0.9802 |
| Harbour Active Growth Fund | 2024-11-29 | 0.9988 |
These unit prices are after fees before tax, and assume distributions are reinvested. |
||
| Fund name | 1mnth | 3mnth | 1 year | 2 year pa | 3 year pa | 5 year pa | |
|---|---|---|---|---|---|---|---|
|
Harbour Active Growth Fund Nov 30, 2024 |
Gross return inc. imputation credits | 2.77% | 4.60% | 16.88% | 9.85% | 1.43% | 5.93% |
| Benchmark return | 2.67% | 4.59% | 18.70% | 11.26% | 5.50% | 5.82% | |
|
Harbour Active Growth Fund Nov 30, 2024 |
Return after fees before tax | 2.67% | 4.40% | 15.88% | 8.82% | 0.46% | 4.85% |
Past performance is not indicative of future results. Gross returns means including imputation credits and before all fees, tax & expenses. Inception: 01 November 2019. The benchmark for the fund is: 5% S&P/NZX Bank Bills 90-Day Index, 25% Bloomberg NZBond Composite 0+ Yr Index, 5% S&P/NZX All Real Estate Index, 22.5% S&P/NZX 50 Index, 7.5% S&P/ASX 200 Index (50% hedged to NZD), 35% MSCI All Country World Index (30% hedged to NZD).
|
|||||||
| Fund name | Date | Cents per Unit NZD |
|---|---|---|
| Harbour Active Growth Fund | 2024-12-18 | 0.41 |
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.
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
Chris Di Leva is the 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.