The Nanuk New World Fund has now been listed on the ASX as an exchange traded managed fund under the ticker code NNUK.
Originally established by Nanuk as an unlisted fund in 2015, the New World Fund invests in listed companies exposed to the broad theme of environmental sustainability and resource efficiency.
The performance objective of the fund is to provide investment returns that exceed conventional global equity indices over the long term after management fees.
“We believe having an exchange-traded version of the Nanuk New World Fund is an excellent way to evolve a well-established product,” said Nanuk COO Melanie De Cressac.
“We believe it offers the benefits of transparency, liquidity plus an easy entry point into a well-managed modern portfolio focusing on sustainable investments and technologies.”
Ms De Cressac also expressed gratitude to Equity Trustees, the responsible entity for the New World Fund, for the firm’s extensive knowledge and expert assistance.
“We’re seeing more funds becoming available in listed and unlisted structures, giving flexibility to investment managers and investors,” said Equity Trustees executive general manager of corporate trustee services Russell Beasley.
“Equity Trustees’ years of experience in funds governance, markets and varying fund structures means we can continue to partner with clients as a responsible entity, if or when they choose to list on an exchange like the ASX.”
