The Foundation Series Global ESG Fund (the Fund) is a PIE-compliant New Zealand-domiciled fund with investment management undertaken by InvestNow Saving and Investment Service (InvestNow). FundRock NZ Limited is the issuer and manager of the Fund. The Fund is registered as an offer within a Managed Investment Scheme under the Financial Markets Conduct Act 2013 and is regulated by the FMA.
The Fund aims for high long-run returns by investing in Exchange-Traded Funds that invest in in shares of large, mid-sized and small companies listed on international stock markets.
The Fund incorporates certain responsible investment considerations and is exposed to investment strategies that seek to exclude companies involved in particular business practices.
The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term.
The Fund’s investment benchmark is a composite index consisting of 67% FTSE USA All Cap Choice TR NZD Index and 33% FTSE Global All Cap ex USA Choice TR NZD Index.
