Summary of Harbour
Founded in 2009, Harbour’s focus is managing external client money, so their success is solely based on generating strong outcomes for investors. When working with Harbour, clients know what to expect: research-driven, patient investment management and fully focused on client outcomes.
Harbour Asset Management is the asset management arm of FirstCape Group Limited and manage funds for a variety of clients including superannuation schemes, banks and KiwiSaver scheme providers, Iwi, charitable trusts, community trusts, Crown Financial Institutions, financial advisers, and high-net-worth individuals. The team specialises in managing New Zealand cash and fixed interest, Australasian equity, and globally diversified multi asset solutions. Harbour offers a suite of PIE (Portfolio Investment Entity) managed funds across different asset classes, partnering with leading managers, including T. Rowe Price and PIMCO for global solutions.
Harbour’s Investment Philosophy
Harbour’s investment philosophy is focused on consistency, combining research and analysis with the skills and knowledge of experienced people.
- Research drives investment decisions: Harbour believes fundamental research drives investment outperformance. A structured quantitative analysis of the investment universe can assist in providing their analysts with further tools to determine the best investment opportunities. By adhering to this investment style and approach through market cycles, Harbour provides integrity and balance in portfolio construction.
- Belief in consistency: Years of experience and lessons learned over many market cycles have helped the Harbour team craft a robust and disciplined investment process. The team believes that consistency of process delivers the best investment outcomes over the medium to long term for their clients.
- Focus on responsible investing: Harbour is a market leader for integrating ESG (environmental, social and governance) research into the investment process. ESG plays a central role in building investment portfolios.
- No substitute for experience: Harbour’s success relies on the work and dedication of their team of experienced and proven investment professionals. With over 350 years of collective industry experience navigating through different market cycles, investors can rest assured their investments are in qualified hands.
Why invest with Harbour?
Proven performance and independent recognition.
“Harbour sets the standard in the local industry for transparency, disclosure, and investor engagement. In our view, Harbour is one of the strongest stewards of investor money in New Zealand.” - Morningstar (2023)
Harbour’s Australasian equities are managed by a core team which has delivered over 2.8% p.a. outperformance in the more than two decades they have worked together since 2000. The Harbour New Zealand Fixed Income team’s flagship NZ Core Fixed Interest Fund has delivered over 0.7% p.a. outperformance since their strategy inception in 2011. Harbour is trusted by some of New Zealand’s largest investors and consultants in these asset classes.
Despite the success in managing domestic asset classes, Harbour has observed that it’s proven difficult for local investors to outperform in global markets. That is why, when building globally diversified funds for clients, Harbour provides access to leading specialist managers.
Summary of the funds:
GoalsGetter KiwiSaver Harbour Active Growth Fund
The Harbour Active Growth Fund is designed for investors seeking broad global diversification and active management of all return sources, including asset allocation, to achieve long-term capital growth. The Fund is actively managed, harnessing the expertise of Harbour's award-winning investment team for domestic asset classes, and best-in-class externally managed global funds.• Can be used as a standalone investment portfolio
• 70% growth: 30% income over the long term, flexible asset allocation
• Truly active at an asset allocation and security level
• Utilises global specialists for global asset classes
• Monthly distributions
GoalsGetter KiwiSaver Harbour Sustainable Impact Fund:
The Harbour Sustainable Impact Fund is a globally diversified fund designed for investors who want to grow their wealth and make a positive impact on people and the planet.
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 (Sustainable Development Goals). 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. The Fund aims to exceed the Official Cash Rate + 4% over rolling 5-year periods and create a positive impact as measured against UN SDGs.
Harbour publishes an Impact Report annually which details the environmental and social impact of the Fund.
This summary is provided for general information purposes only. The information provided is not intended to be financial advice. The information provided is given in good faith and has been prepared from sources believed to be accurate and complete as at the date of issue, but such information may be subject to change. Nikko Asset Management New Zealand Limited is the manager of the GoalsGetter KiwiSaver Scheme. A copy of the Product Disclosure Statement for the GoalsGetter KiwiSaver Scheme Harbour Asset Management Funds is available here.
*Information above is as at 31 May 2024
