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

Unit price
Previous month end price
Fund name Date Unit Price NZD
Harbour Active Growth Fund 2024-06-12 0.9462
Harbour Active Growth Fund 2024-05-31 0.9466

These unit prices are after fees before tax, and assume distributions are reinvested.

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

Harbour Active Growth Fund

May 31, 2024

Gross return inc. imputation credits 0.78% 1.62% 7.19% 4.54% -0.52% -
Benchmark return 0.39% 1.84% 9.08% 6.56% 3.37% -

Harbour Active Growth Fund

May 31, 2024

Return after fees before tax 0.69% 1.36% 6.18% 3.51% -1.49% -

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 2024-05-21 0.4

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 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

Chris Di Leva is the Portfolio Manager

Chris Di Leva, CFA
Director, Head of Multi Asset & Global Investments
Lewis Fowler, CFA
Senior Investment Analyst

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.