Nanuk New World Fund (NNUK) H2 2025 earnings summary

Executive summary

• Invests in a diversified portfolio of global equities focused on resource scarcity and environmental sustainability, using ESG screening and certified as a Responsible Investment.

• Offers both unhedged and currency-hedged unit classes as Active ETFs on the ASX, with the hedged class launched in September 2024.

• No significant changes in activities or state of affairs during the year; no material events after year-end.

Financial highlights

• Unhedged class units returned 16.1% and hedged class units 9.7% for the year ended 30 June 2025.

• Profit before finance costs attributable to unitholders was $124.7 million, down from $154.4 million in the prior year.

• Total income was $137.2 million, with net gains on financial instruments of $123.1 million.

• Distributions paid and payable: $97.2 million (26.27 CPU) for Class A, $9.0 million (9.19 CPU) for Class H.

• Net assets attributable to unitholders increased to $830.2 million from $788.7 million.

Outlook and guidance

• Fund will continue to be managed according to its investment objectives and guidelines.

• Future results will depend on investment market performance; past returns are not indicative of future performance.