Nanuk New World Fund (NNUK) H1 2026 earnings summary

Executive summary

• Invests in a diversified portfolio of global equities focused on resource scarcity and environmental sustainability themes, with ESG integration and Responsible Investment certification.

• Offers both unhedged and currency-hedged unit classes, available as active ETFs on the ASX.

• No significant changes in activities or state of affairs during the half-year.

Financial highlights

• Profit before finance costs attributable to unit holders was $77.6 million for the half-year ended 31 December 2025, up from $68.9 million in the prior corresponding period.

• Total income for the half-year was $84.0 million, compared to $74.9 million for the same period last year.

• Management fees and costs totaled $5.1 million, with total expenses of $6.4 million for the half-year.

• No distributions were declared for the half-years ended 31 December 2025 and 2024.

• Net assets attributable to unit holders increased to $963.7 million as at 31 December 2025, from $830.2 million at 30 June 2025.

Outlook and guidance

• Directors are satisfied the Fund has sufficient resources to continue operations for at least 12 months from the report date.