Fund-vs-fund · Diversified
ACI Growth FundvsHarbour Sustainable Impact Fund
Both are Diversified funds available to NZ retail investors. Numbers below are sourced from the FMA Disclose register via Sorted Smart Investor and reflect the latest published quarterly fund updates.
Where you can buy these
Platform availability confirmed within the last 180 days. This is a statement of availability, not a recommendation — ManagedFundsNZ is not a Financial Advice Provider. Check the current PDS before investing.
ACI Growth Fund
No platform availability confirmed. Usually means it is bought directly from the manager — check their site.
Harbour Sustainable Impact Fund
What's different at a glance
- Both are New Zealand PIE funds — investor tax is capped at the Prescribed Investor Rate (PIR), maximum 28%.
- Harbour Sustainable Impact Fund applies responsible-investment / ESG screening. The other fund does not.
Where each fund sits in its cohort
Percentile rank vs all 68 diversified funds we've matched on Sorted Smart Investor. Mechanical only — no opinion, no forward-looking view.
Annual fund charge
Lower is better
ACI
1.61%
Highest 4% of cohort
Harbour
—
—
5-year return p.a.
Past performance — not a predictor
ACI
—
—
Harbour
—
—
Fund size
Larger = more stable, lower close-risk
ACI
NZ$8m
Smallest 15% in cohort
Harbour
—
—
| Metric | ACI | Harbour | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.61% | — | Lower is better |
| Risk indicator (1–7) | 4 | — | Higher = more volatility |
| 5-year return p.a. | — | — | Higher is better (past not future) |
| Fund size | NZ$8m | — | Larger = more stable, lower close-risk |
| Growth / income split | 78% / 22% | — | More growth = higher long-run return + volatility |
| NZ tax structure | PIE (PIR-capped) | PIE (PIR-capped) | PIE = simpler. FIF = annual return. |
| Currency hedging | — | — | Hedged smooths NZD/foreign FX moves at a small cost. |
| Responsible investment screening | No | Yes | Specific exclusions live in each fund's SIPO. |
| Available via | Direct | Direct | Platforms accepting retail subscriptions. |
What each fund says it does
ACI
ACI Growth Fund
The Fund invests predominantly in growth assets such as New Zealand, Australian, international shares and property but includes some income assets. The allocations include a bias towards international diversification, and exposure to these asset classes is achieved by primarily investing in DFA Australia Limited (Dimensional) funds, utilising their Sustainability Trusts where available. Certain underlying Dimensional funds have an increased exposure to shares in small companies, value companies and companies with higher profitability with the objective of benefittFull ACI ACI Growth Fund profile →
Harbour
Harbour Sustainable Impact Fund
Strategy summary not yet ingested.
Full Harbour Harbour Sustainable Impact Fund profile →Documents
Crawled directly from each manager's website. How we record provenance →
ACI
Harbour
LiveLast verified 2026-05-08
Common questions
What's the difference between the ACI Growth Fund and the Harbour Sustainable Impact Fund?
Are both funds PIE-taxed in NZ?
Does either fund apply responsible-investment screening?
Where can I read the official documents for these funds?
