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Fund-vs-fund · NZ Fixed Interest

Amova Corporate Bond Fund vs Harbour NZ Core Fixed Interest Fund

Both are NZ Fixed Interest 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 0.70% 0.66% Lower is better
Risk indicator (1–7) 3 3 Higher = more volatility
5-year return p.a. 1.63% 0.82% Higher is better
(past not future)
Fund size NZ$558m NZ$300m Larger = more stable, lower close-risk
Growth / income split 0% / 100% 0% / 100% More growth = higher long-run return + volatility

What each fund says it does

Amova

Amova Corporate Bond Fund

The Fund aims to outperform the Bloomberg NZBond Credit 0+ Year Index by 0.70% p.A. Over a rolling three year period before fees, expenses and taxes. The fund aims to provide investors with regular income by constructing an actively managed investment portfolio of New Zealand bonds, deposits and cash whilst preserving the capital value.
Full Amova Amova Corporate Bond Fund profile →

Harbour

Harbour NZ Core Fixed Interest Fund

The Fund is an actively managed investment grade bond fund that invests mainly in New Zealand government bond and corporate bond fixed income securities.
Full Harbour Harbour NZ Core Fixed Interest 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.