Fund purpose
The Harbour Real Estate Investment Fund aims to provide medium term capital growth and income from real estate. The Fund provides investors with easier access to a diversified portfolio of different types of commercial and industrial property.
Fund benchmark
S&P/NZX All Real Estate Index including imputation credits.
Investment approach
The Fund's investment process seeks to identify real estate securities with prospective income yield and capital growth which is under-appreciated by the investment market. The Fund may hold securities beyond listed property security or Real Estate Investment Trusts (REITs) benchmark indices. Examples include property managers, sea ports, toll roads, airports, cellphone towers, aged care & retirement villages, waste management facilities and data centres.
Quick Facts
Type |
|
Equity, Income |
Pays distributions? |
Yes |
|
Investment horizon |
|
Medium term |
Fees |
|
0.72% pa* |
Risk/return |
|
Medium to higher |
*See Product Disclosure Statement for more details
Growth of $10,000 invested in Fund since inception
(Cumulative returns after fees, before tax).
Harbour Real Estate Investment Fund
| Fund name | Date | Cents per Unit NZD |
|---|---|---|
| Harbour Real Estate Investment Fund | 2024-09-24 | 2.24 |
| Fund name | 1mnth | 3mnth | 1 year | 2 year pa | 3 year pa | 5 year pa | |
|---|---|---|---|---|---|---|---|
|
Harbour Real Estate Investment Fund Nov 30, 2024 |
Gross return inc. imputation credits | -0.44% | -1.15% | 12.04% | 5.12% | -1.82% | 2.46% |
| Benchmark return | -1.07% | -3.71% | 7.38% | 2.29% | -3.96% | -1.49% | |
|
Harbour Real Estate Investment Fund Nov 30, 2024 |
Return after fees before tax | -0.50% | -1.34% | 11.20% | 4.30% | -2.61% | 1.68% |
Past performance is not indicative of future results. Gross returns means including imputation credits and before all fees, tax & expenses. Inception: 01 October 2018. Benchmark: S&P/NZX All Real Estate Index. |
|||||||
| Fund name | Date | Unit Price NZD |
|---|---|---|
| Harbour Real Estate Investment Fund | 2024-12-19 | 1.077 |
| Harbour Real Estate Investment Fund | 2024-11-29 | 1.1103 |
These unit prices are after fees before tax. |
||
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, 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 the allocation of capital. This fund also includes negative screening to remove companies whose business activities may lead to significant harm. Zero-tolerance exclusions include the production of tobacco, nuclear explosives, cluster munitions, anti-personnel mines, pornography and controversial firearms.
Additional information on screening thresholds and processes are outlined in the exclusions section of our ESG Policy.
Investment Team for this Fund
Shane Solly 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.