Harbour NZ Equity Advanced Beta Fund

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Not Mindful
Type: Aggressive fund
Past Returns: 6.46%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 0.55%

Annual fees, including any membership and % management fee.

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.


Gambling

Sky City Entertainment Group 1.68%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

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
2020 -7.57% -9.19%
2019 10.01% 15.29%
2018 7.40% 13.29%
2017 9.64% 6.5%
2016 4.71% 13.62%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • A2 Milk
    New Zealand Australasian Equities
    6.42%
  • Fisher & Paykel Healthcare
    New Zealand Australasian Equities
    6.35%
  • Meridian Energy
    New Zealand Australasian Equities
    4.49%
  • Spark New Zealand
    New Zealand Australasian Equities
    4.44%
  • Contact Energy
    New Zealand Australasian Equities
    4.33%
  • Ebos Group
    New Zealand Australasian Equities
    4.17%
  • Precinct Properties NZ
    New Zealand Listed Property
    3.63%
  • Mainfreight
    New Zealand Australasian Equities
    3.55%
  • Infratil
    New Zealand Australasian Equities
    3.38%
  • Ryman Healthcare
    New Zealand Australasian Equities
    3.36%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 30th 2020.

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 1.0% 0.98%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 99.0% 99.02%
International Equities 0.0% 0.0%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    0.00%
  • Gambling:
    1.68%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.00%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words

"The Fund provides exposure to NZ equities. The Fund is designed to track the market index with some quantitative tilting to selected companies. 70% of the Fund mirrors the market index with the remaining 30% of the Fund tilted towards those companies in the index that score well on our financial models for value yield & growth."

Value $260M NZD
Period of data report Tue June 30th 2020
Members 21
Fund started Wed Dec. 3rd 2014
Total annual fund fees 0.55%
Total performance based fees 0.0%
Manager's basic fee 0.43%
Administration charges 0.12%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Shane Solly

Currently: Portfolio Manager & Research Anaylst Director (6 years, 3 months)
Previously: Mint AM Head of Equities Portfolio Manager (7 years, 2 months)

Craig Stent

Currently: Portfolio Manager & Research Anaylst Director (10 years, 6 months)
Previously: Alliance Bernstein Research Analyst (7 years, 3 months)

Susanna Lee

Currently: Portfolio Manager & Quantitative Research Manager (8 years, 1 months)
Previously: AXA Global Investors/AMP Capital Quantitative Investment Analyst (4 years, 2 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.