Harbour Floats Australasian EQ Income Fund

Harbour Asset Managementhas rolled out the newHarbour Australasian Equity Income Fund,guide2.co.nzreports. The product will invest in New Zealand and Australian listed securities in order to generate attractive dividend yields.

The new fund, managed byCraig Stent, can provide a diversified exposure to income assets and will look to pay distributions quarterly. The fund will generally hold 40 to 60 securities, and also has the capacity to invest up to 35 percent in cash.

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