Harbour Epoch Global Quality Select Equity (Hedged) Fund vs Kernel Global ESG (NZD Hedged) Fund

Both funds sit within the International Equities category and share a currency-hedged NZD structure targeting global equity exposure, but their investment philosophies represent a material structural difference. The Kernel Global ESG (NZD Hedged) Fund signals an index-based, ESG-screened approach through its name, suggesting passive or rules-driven construction filtered by environmental, social, and governance criteria. The Harbour Epoch Global Quality Select Equity (Hedged) Fund, by contrast, incorporates "Quality Select" language associated with active stock selection — in this case in partnership with Epoch Investment Partners — implying a concentrated, fundamentals-driven portfolio rather than broad market replication. This distinction in active versus passive (or semi-passive) management methodology is likely the most consequential difference for investors comparing cost, portfolio concentration, and benchmark-relative risk.

Unfortunately, the data snapshot available for this comparison is silent on both sides across every quantitative dimension: annual fund charges, risk indicator ratings, five-year return figures, fund size, and growth asset allocations are not present in the current FMA Disclose records captured here for either fund. Top holdings are similarly undisclosed in this snapshot for both. Neither fund's PDS URL nor Sorted profile link is recorded in this dataset.

Because no fee, performance, or risk figures can be drawn from this snapshot, any cost or return comparison would be fabricated and is therefore omitted entirely.

Verify all figures — including current fund charges, risk indicators, and returns — against each fund's Product Disclosure Statement and latest Quarterly Fund Update on FMA Disclose at disclose-register.companiesoffice.govt.nz before relying on any of this.