Harbour Sustainable NZ Shares Fund

Product Name

Harbour Sustainable NZ Shares Fund

Issuer

Harbour Asset Management

Category

Investment

Type

Fund or Trust

Target

Retail

Certified Since

2021

Asset Classes

New Zealand only equities

Markets

New Zealand

Investment Approaches

Negative Screening, ESG Integration

It Includes:

    It has some level of screening for:

    • Riaa icons 41 Alcohol
    • Riaa icons 35 Tobacco

    It fully excludes:

    • Riaa icons 41 Alcohol
    • Riaa icons 56 Animal cruelty
    • Riaa icons 36 Armaments
    • Riaa icons 42 Gambling
    • Riaa icons 52 Human rights abuses
    • Riaa icons 99 Pornography
    • Riaa icons 35 Tobacco

    Overview

    The Fund is managed against companies in the S&P NZX Portfolio Index, with exclusions to companies that are exposed to large carbon emitters, alcohol, gambling, munitions, adult entertainment, nuclear armaments, firearms, tobacco and recreational cannabis, child labour and companies with human and animal right violations. There will also be positive and negative tilts to the remaining companies based on Harbour’s proprietary Corporate Behaviour Score.


    Description


    The Fund’s objective is to provide investors exposure to constituents of the S&P/NZX Portfolio Index with exclusions to companies that do not meeting Harbours’ criteria of Responsible investing.

    The Fund is managed against companies in the S&P NZX Portfolio Index, with exclusions to companies that are exposed to large carbon emitters, alcohol, gambling, munitions, adult entertainment, nuclear armaments, firearms, tobacco and recreational cannabis, child labour and companies with human and animal right violations. There will also be positive and negative tilts to the remaining companies based on Harbour’s proprietary Corporate Behaviour Score.

    Summary of Harbours’ exclusion criteria for this fund.

    • 0% revenue exposure threshold on production/involvement in: Alcohol, Gambling, Tobacco, Adult entertainment, Munitions, nuclear armaments and firearms, Animal testing – non-pharmaceutical, Animal welfare – factory farming, Recreational cannabis. 

    • 10% revenue exposure threshold on distribution/sales of: Alcohol, Tobacco, Adult entertainment 

    • Carbon emitter threshold: 2.5m tonnes CO2e in total scope 1, 2 and 3 emissions per annum 

    • Human rights and Child labour: UN Global Compact Compliance (Pass/Fail)

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

    Harbour Australasian Equity Focus Fund

    Harbour Australasian Equity Fund

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