Funds
Harbour Australasian Equity Focus Fund
Issues of concern
The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
Environmental Harm
-
BHP Group Ltd 2.50%
Environmental Damage
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
BHP Group Ltd 2.50%
Fossil Fuels
-
BHP Group Ltd 2.50%
Environmental Damage
Where companies, through their products or operations, are involved in environmental degradation e.g., pollution, chemical spills.
Fossil Fuel Production
Where companies are involved in the production of fossil fuels (oil, natural gas, coal, shale oil) including exploration, production (including core services), storage, transport (except by rail) and refining.
-
BHP Group Ltd 2.50%
This data is compiled by Mindful Money from the fund information and portfolios
that each fund has
filed with the Disclose register to 30th Sept. 2023 and Mindful Money
analysis of funds within those portfolios. The list of companies of concern has
been drawn from ratings agencies and public sources, including the Norwegian
Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
About this fund
In their own words
The Fund is an actively managed fund investing in NZ and Australian listed equities. It is a high conviction fund where the portfolio will consist of companies our analysts have researched and have a high belief will perform over the medium to longer-term. A higher rated company will have a higher weighting in the portfolio.
Founded in Wellington in 2009, Harbour Asset Management is one of New Zealand’s most highly rated investment managers. We take pride in delivering market-leading investment outcomes for our clients. Harbour’s approach to investing is simple: all of our investment decisions must be backed by research. Sustainability is an integral part of both our investment process and our team values. Harbour is a market leader for integrating ESG research into our investment process, and we have been signatories to the UN Principles of Responsible Investment since August 2010.
| Value | $29.2M NZD |
| Period of data report | 31st Dec. 2023 |
| Fund started | 10th April 2014 |
| Total annual fund fees | 1.16% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.89% |
| Other management and administration charges | 0.27% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Andrew Bascand |
Currently: Managing Director (14 years, 0 months) |
|
Shane Solly |
Currently: Director, Portfolio Manager (9 years, 9 months) |
|
Craig Stent |
Currently: Executive Director, Head of Equities (14 years, 0 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.
Past Returns
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2023 | -5.17% | -11.91% |
| 2022 | 3.53% | 4.9% |
| 2021 | 35.55% | 57.37% |
| 2020 | -7.06% | -12.08% |
| 2019 | 10.17% | 5.81% |
| 2018 | 7.53% | 20.7% |
| 2017 | 9.49% | 11.17% |
| 2016 | 4.71% | 20.94% |
| 2015 | 14.67% | 2.39% |
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.
Top 10 Investments
-
Summerset Group
New Zealand Australasian Equities8.04% -
Infratil
New Zealand Australasian Equities7.63% -
CSL
Australia Australasian Equities7.52% -
Mainfreight
New Zealand Australasian Equities7.47% -
Auckland International Airport
New Zealand Australasian Equities6.43% -
Xero
Australia Australasian Equities6.12% -
Goodman Group
Australia Listed Property6.07% -
Macquarie Group
Australia Australasian Equities5.25% -
Ryman Healthcare
New Zealand Australasian Equities4.65% -
Volpara Health Technologies
Australia Australasian Equities4.37%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 5.0% | 1.71% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 95.0% | 92.22% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 6.07% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2023.