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Fund-vs-fund · Australasian Equities

ANZ Investments OneAnswer Australian Share Fund vs Harbour Australasian Equity Focus 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 ANZ Investments Harbour Lower / higher is
Annual fund charge 1.09% 1.21% Lower is better
Risk indicator (1–7) 5 5 Higher = more volatility
5-year return p.a. 8.31% 0.46% Higher is better
(past not future)
Fund size NZ$22m NZ$26m Larger = more stable, lower close-risk
Growth / income split 98% / 2% 98% / 2% More growth = higher long-run return + volatility

What each fund says it does

ANZ Investments

ANZ Investments OneAnswer Australian Share Fund

The Australian Share Fund invests mainly in Australian equities. Investments may include equities in companies that are listed or are soon to be listed on the Australian stock exchange, and cash and cash equivalents.The Australian Share Fund aims to achieve a return (after the fund charge and before tax) that over the long-term outperforms the relevant market index.
Full ANZ Investments ANZ Investments OneAnswer Australian Share Fund profile →

Harbour

Harbour Australasian Equity Focus Fund

The Fund is an actively managed, high conviction portfolio investing principally in listed Australasian equities. The focus is on delivering strong positive returns through the market cycle by investing in equity positions with no particular attention to an equity benchmark. The Fund is a research focused equity Ffund. It may have a higher risk profile than traditional core equity funds. 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. The Fund i
Full Harbour Harbour Australasian Equity Focus 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.