Fund-vs-fund · Australasian Equities
Amova Concentrated Equity Fund vs Harbour Long Short Fund
Both are Australasian Equities 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.
| Metric | Amova | Harbour | Lower / higher is |
|---|---|---|---|
| Annual fund charge | 1.15% | 1.23% | Lower is better |
| Risk indicator (1–7) | 5 | 4 | Higher = more volatility |
| 5-year return p.a. | 0.65% | 2.95% | Higher is better (past not future) |
| Fund size | NZ$13m | NZ$5m | Larger = more stable, lower close-risk |
| Growth / income split | 98% / 2% | 52% / 48% | More growth = higher long-run return + volatility |
What each fund says it does
Amova
Amova Concentrated Equity Fund
The fund aims to outperform the RBNZ Official Cash Rate plus 5.0% per annum over a rolling three-year period before fees, expenses and taxes. This fund aims to provide investors with concentrated exposure to New Zealand and Australian equity markets from an actively managed investment portfolio.Full Amova Amova Concentrated Equity Fund profile →
Harbour
Harbour Long Short Fund
The Fund is an actively managed, high conviction portfolio investing principally in ‘long’ and ‘short’ listed Australasian equities. The focus is on delivering positive returns through the market cycle by investing in long and short sold equity positions with no particular attention to an equity benchmark. The Fund is expected to have lower volatility than equity benchmarks. We can actively allocate investments between Australasian listed equities, fixed interest and cash. The Fund may also use derivatives to hedge currency and equity risk.Full Harbour Harbour Long Short Fund profile →
Important: This comparison is general information only — not personalised financial advice.
Past performance is not a reliable indicator of future returns. The right fund for you depends on your personal
circumstances. Read each fund's Product Disclosure Statement and consider speaking to a licensed financial adviser.