The Harbour Active Growth Fund has been issued a “4 IP” rating by Research IP, with a score of 3.87/5.
The Harbour Active Growth Fund (“the Fund”) is designed to provide investors with exposure to a wide range of domestic and global assets. The Fund invests approximately two thirds in growth assets such as shares, property and infrastructure and approximately one third into more defensive assets, predominantly investment grade bonds.
What is the Fund’s competitive advantage?
Qualitative Research Report and Data Tear Sheet
Research IP says
“Di Leva has been part of the team since 2018 and in charge of what is still a relatively new fund but Research IP observes the Manager’s process is one of the more methodical, well-structured and consistently implemented. Di Leva has access to an impressive range of tools as inputs to the portfolio construction process. Research IP believes the Manager is a significant user of third party data to feed decision making.“
“Research IP believes the allocation between equities and fixed income and the types of securities used in each asset class (e.g. domestic or international and government versus corporate debt securities) is critical to the Fund achieving its forward projected income objective. As a result, the Manager can use several levers, including broad asset allocation and security types and ranges, to assist in meeting the Fund’s objective.“
“Research IP believes the Manager is transparent from a fees perspective, noting the 0.77% management fee excluding GST (with no performance fee) is disclosed in the Product Disclosure Statement (PDS) and via the Disclose website and peer fee information is available on the Research IP tools page. Research IP observes that the manager’s basic fee is lower than the average fee of sector peer relevant funds.“
Research IP, 2 August 2021
If you have any questions in relation to this report or the Research IP services, please contact us here.
Disclaimer, Disclosures and Warnings
Research IP strongly recommends this document and report be read in conjunction with the relevant Product Disclosure Statement. Research IP gives no warranty of accuracy or completeness of information in this document. Any information, opinions, views or recommendations are general information only and do not take into consideration any person’s particular financial situation or goals and therefore does not constitute financial advice. This document should not be relied upon as a substitute for financial advice from your financial adviser.