Harbour Australasian Equity Focus Fund

Product Name

Harbour Australasian Equity Focus Fund

Issuer

Harbour Asset Management

Category

Investment

Type

Fund or Trust

Target

Retail, Wholesale, Institutional

Certified Since

2021

Asset Classes

New Zealand only equities

Markets

New Zealand

Investment Approaches

ESG Integration, Engagement and voting

It Includes:

    It has some level of screening for:

    • Riaa icons 35 Tobacco

    It fully excludes:

    • Riaa icons 36 Armaments
    • Riaa icons 99 Pornography

    Overview

    The Fund incorporates an environmental, social and governance (ESG) strategy involving integration of Harbour’s proprietary Corporate Behaviour Survey and external provider scores into investment decision making, company engagement, voting and zero tolerance exclusions. Note: the above wording is intended to be implemented in the product PDS during the next update consistent with other products that also use this RI strategy.


    Description


    As part of our active ownership process Harbour recognises there are many factors that influence our analysis, and that environmental, social and governance (ESG) considerations have grown in significance as potential value drivers.

    We believe that ESG factors can be a useful barometer of the quality of a company; Companies who manage ESG issues well are generally more likely to create long term shareholder value, with a reduced risk profile, compared with those companies who do not. Consequently, Harbour has integrated ESG factors directly into portfolio analysis. ESG factors are assessed in conjunction with existing comprehensive financial analysis. Our primary ESG tool is our proprietary Corporate Behaviour Survey, which we augment with external ESG specialists and broker research.

    Before consideration of companies in our integration approach, we have set a baseline standard of responsible behaviour based on business activity. Subsequently, the fund does not invest in companies that to our knowledge derive any revenue from:

    - The manufacture of tobacco
    - The manufacture or testing of nuclear explosive devices (NEDs)
    - The manufacture or sale of cluster munitions
    - The manufacture or sale of anti-personnel mines
    - The manufacture or sale of recreational cannabis
    - The production of pornography
    - The manufacture or sale of civilian automatic and semi-automatic firearms, magazines or parts

    Other products certified by the Responsible Investment Association Australasia (RIAA)

    Harbour Australasian Equity Fund

    Harbour Sustainable NZ Shares Fund

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