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 a diversified portfolio of predominantly growth assets but with a small amount of income asset exposure.
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 the weighted average return (before tax, fees and other expenses) of the asset class benchmark indices.
The long-term returns from the Foundation Series High Growth Fund are likely to be higher and less stable than those of the Foundation Series Growth Fund.
