Harbour Epoch Global Quality Select Equity Fund vs Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class

Both funds sit within the International Equities category, but their most material structural difference lies in investment approach: the Vanguard International Shares Select Exclusions Index Fund (Hedged) – NZD Class is an index-tracking strategy that passively replicates a broad market benchmark with certain exclusions applied (typically screens for weapons, tobacco, and similar categories), while the Harbour Epoch Global Quality Select Equity Fund is an actively managed strategy sub-advised by Epoch Investment Partners, targeting a concentrated selection of global companies on quality and free-cash-flow criteria. This distinction — passive rules-based replication versus active stock selection — typically drives meaningful differences in fee levels, portfolio concentration, and return dispersion relative to a benchmark, though the current FMA Disclose snapshot for both funds returns null values for annual fund charges, risk indicator, five-year returns, fund size, and growth asset allocation. Accordingly, no fee, performance, or risk comparison can be made from this data at this time. The Vanguard fund's name signals full currency hedging back to NZD, which removes most foreign exchange variability; Harbour's QFU does not disclose a hedging ratio in this snapshot. Top holdings are unavailable for either fund in this snapshot. Investors weighing index-style broad market exposure with exclusions against active quality-factor selection should also consider tax treatment, minimum investment thresholds, and liquidity terms, none of which are populated here. Verify all figures — including fees, risk indicators, and current portfolio composition — against each fund's current Product Disclosure Statement and latest Quarterly Fund Update on FMA Disclose before relying on any of this information.