This Fund is designed to provide income by capturing the yield from investment grade corporate bonds. It aims to outperform the New Zealand corporate bond market.

Investment Approach

This Fund draws on the detailed credit research of Harbour Fixed Income team, and follows a diversified, low-turnover strategy. It targets corporate bonds specifically, which lends it a slightly higher credit risk profile than the Harbour NZ Core Fixed Interest Fund.

Quick Facts

Income, Fixed Interest
Pays distributions?
Yes, this Fund pays a quarterly distribution. The amount paid reflects the yield earned from the securities inside the Fund that quarter
Investment horizon
Medium term
0.45% 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 Funds’ distributions).

Harbour NZ Corporate Bond Fund

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

Harbour NZ Corporate Bond Fund

May 31, 2022

Gross return inc. imputation credits 0.29% -3.00% -6.67% -3.39% -0.20% 1.94%
Benchmark return 0.35% -2.84% -6.43% -3.92% -0.61% 1.67%

Harbour NZ Corporate Bond Fund

May 31, 2022

Return after fees before tax 0.28% -3.12% -7.11% -3.84% -0.68% 1.39%

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. The after fees before tax return includes the reinvestment of the Funds’ distribution. Past performance is not indicative of future results. The benchmark for the Fund is S&P/NZX A Grade Corporate Bond Total Return Index

Unit price
Previous month end price
Fund name Date Unit Price NZD
Harbour NZ Corporate Bond Fund 2022-06-22 0.9925
Harbour NZ Corporate Bond Fund 2022-05-31 1.0191

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

Fund name Date Cents per Unit NZD
Harbour NZ Corporate Bond Fund 2022-03-22 0.82

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.

Investment Team for this Fund

Mark Brown is the Portfolio Manager

Mark Brown
Director, Head of Fixed Income
George Henderson, CFA
Director, Portfolio Manager
Simon Pannett, CFA
Director, Senior Credit 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.