Funds
Harbour Sustainable Impact Fund
Fund type: Balanced fund
Past Returns: No 3 year data yetAnnual Fees: 1.2%
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:
- Adult Entertainment/Pornography
- Alcohol
- Animal Cruelty
- Fossil Fuels
- Gambling
- GMOs
- Human Rights & Environmental Violations
- Palm Oil
- Tobacco
- Weapons
Companies of concern
Fossil Fuel
- Contact Energy Limited 2.63%
- Contact Energy Limited 15/08/2024 3.55% 1.52%
- Contact Energy Limited 15/11/2022 4.63% 1.14%
- Iberdrola SA 0.63%
- Nextera Energy Inc 0.52%
- Nextera Energy Partners 0.23%
- Pg&E 0.17%
Human Rights & Environmental Violations
- Thermo Fisher Scientific Inc 0.98%
- Thermo Fisher Scientific 0.34%
- Pg&E 0.17%
Animal Cruelty
- Ecolab Inc 0.73%
- Symrise AG 0.52%
- Koninklijke Dsm 0.22%
- Unilever PLC 0.22%
- Estee Lauder Cos Inc 0.21%
- Darling Ingredients 0.20%
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. 2022 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 designed to provide investors with exposure to a diversified range of global and domestic investments which make a positive environmental or social impact while aiming to exceed the return benchmark. All investments assessed against the United Nations Sustainable Development Goals (SDGs). The Fund invests approximately 60% invested 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. The Manager will use active management to enhance returns and manage downside risks.
Value | $4.2M NZD |
Period of data report | 30th Sept. 2022 |
Fund started | 30th Nov. 2021 |
Total annual fund fees | 1.2% |
Total performance based fees | 0.0% |
Manager's basic fee | 1.03% |
Other management and administration charges | 0.17% |
Total other charges | 0.0 |
Total other charges currency | NZD |
Key Personnel
Simon Pannett |
Currently: Director, Senior Credit Analyst (9 years, 2 months) |
Chris Di Leva |
Currently: Portfolio Manager, Multi Asset Specialist (4 years, 0 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2022.
Investment Exclusions
Does this fund exclude companies that cause deep concern to New Zealanders? The first column shows if the fund has a credible policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).
Note that the fund’s exclusions policy may not be consistent with its portfolio holdings because the fund might be still implementing its policy change or the fund’s exclusion policy and thresholds may be different from the definitions applied by Mindful Money.
Issue of concern | Does this fund say it excludes this? | Actual holdings |
---|---|---|
Adult Entertainment /Pornography | 0.00% | |
Alcohol | 0.00% | |
Animal Cruelty | 2.10% | |
Fossil Fuels | 6.85% | |
Gambling | 0.00% | |
GMOs | 0.00% | |
Human Rights & Environmental Violations | 1.49% | |
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 30th Sept. 2022 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.
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. Similarly Mindful Money uses a broader scope for fossil fuels
than the government’s rules for default KiwiSaver funds. The full definitions
used in the Mindful Money analysis are here.
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 |
---|
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 30th Sept. 2022.
Top 10 Investments
-
Mirova Global Sustainable Equity Fund
United States International Equities19.77% -
T.Rowe Price Global Impact Equity Fund
United States International Equities13.53% -
ANZ NZD Cash
New Zealand Cash and Equivalents AA-4.95% -
International Bank Recon & Dev 30/11/2026 2.875%
New Zealand NZ Fixed Interest AAA3.94% -
CSL
Australia Australasian Equities3.37% -
International Finance Corp 09/08/27 3.75%
New Zealand NZ Fixed Interest AAA3.34% -
Ebos Group Limited Ordinary Shares
New Zealand Australasian Equities3.29% -
Idp Education Limited
Australia Australasian Equities3.13% -
Manawa Energy Limited 08/09/2027 5.36%
New Zealand NZ Fixed Interest2.84% -
Contact Energy Limited
New Zealand Australasian Equities2.63%
Type | Target | Actual |
---|---|---|
Cash and Cash Equivalents | 5.0% | 4.38% |
New Zealand Fixed Interest | 25.0% | 33.68% |
International Fixed Interest | 0.0% | 1.91% |
Australasian Equities | 30.0% | 24.71% |
International Equities | 30.0% | 33.3% |
Listed Properties | 10.0% | 0.0% |
Unlisted Properties | 0.0% | 0.0% |
Other | 0.0% | 2.02% |
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 30th Sept. 2022.