Fund purpose
This Fund is designed to provide capital growth, risk management, and a positive impact from their investments. It aims to exceed the Official Cash Rate + 4% over rolling 5-year periods, and create a positive impact as measured against UN Sustainable Development Goals.
Fund benchmark
5% S&P/NZX Bank Bills 90-day Index, 35% S&P/NZX A-Grade Corporate Bond Total Return Index, 15% S&P/NZX 50 Portfolio Index, 10% S&P/ASX 200 Index (50% hedged to NZD), 17.5% MSCI All Country World Index (unhedged), 17.5% MSCI All Country World Index (100% hedged to NZD).
Investment approach
This balanced fund provides exposure to a mix of domestic and global investments, with a strong focus on the positive impact that these investments will have on various objectives linked to the UN SDGs. All investments are assessed against the SDGs. The Fund invests approximately 60% in growth assets such as impact global and domestic public and private equities, and approximately 40% into more defensive assets, predominantly impact and green bonds that meet our research criteria.
Quick Facts
Type |
|
Growth |
Pays distributions? |
|
No |
Investment horizon |
|
Long term |
Fees |
|
1.20% pa* |
Risk/return |
|
Medium |
*See Product Disclosure Statement for more details
Growth of $10,000 invested in Fund since inception
(Cumulative returns after fees, before tax).
Harbour Sustainable Impact Fund
| Fund name | Date | Unit Price NZD |
|---|---|---|
| Harbour Sustainable Impact Fund | 2024-12-18 | 1.0262 |
| Harbour Sustainable Impact Fund | 2024-11-29 | 1.0387 |
These unit prices are after fees before tax. |
||
| Fund name | 1mnth | 3mnth | 1 year | 2 year pa | 3 year pa | 5 year pa | |
|---|---|---|---|---|---|---|---|
|
Harbour Sustainable Impact Fund Nov 30, 2024 |
Gross return inc. imputation credits | 1.58% | 2.35% | 14.99% | 8.36% | 2.74% | - |
| Benchmark return | 2.46% | 4.38% | 17.87% | 11.71% | 6.27% | - | |
|
Harbour Sustainable Impact Fund Nov 30, 2024 |
Return after fees before tax | 1.49% | 2.04% | 13.47% | 6.88% | 1.35% | - |
Past performance is not indicative of future results. Gross returns means including imputation credits and before all fees, tax & expenses. Inception: 30 November 2021. Benchmark: 5% S&P/NZX Bank Bills 90-day Index, 35% S&P/NZX A-Grade Corporate Bond Total Return Index, 15% S&P/NZX 50 Portfolio Index, 10% S&P/ASX 200 Index (50% hedged to NZD), 17.5% MSCI All Country World Index (unhedged), 17.5% MSCI All Country World Index (100% hedged to NZD). |
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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. They also develop an impact thesis for each security, linked to at least one UN SDG. This helps our team 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. The Impact Committee, made up of internal and external members, provide guidance and oversight on impact issues and SDGs. This fund also includes negative screening to remove companies whose business activities may lead to significant harm. Zero-tolerance exclusions include Adult Entertainment, Alcohol, Controversial Weapons, Gambling, Tobacco, UN Global Compact Violators and Whaling. Companies with exposure to fossil fuels will only be included if they are proven to be rapidly transitioning to renewables.
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, Oyvinn Rimer and Simon Pannett are Co-Portfolio Managers
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.