Nanuk New World Fund (NNUK) H2 2025 earnings summary

Executive summary

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

• Unhedged and currency-hedged unit classes available as Active ETFs on the ASX; currency-hedged class launched 30 September 2024.

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

Financial highlights

• Profit before finance costs attributable to unitholders: $124.7m (2025) vs $154.4m (2024).

• Total income: $137.2m (2025) vs $164.7m (2024).

• Distributions paid and payable: $97.2m (Class A), $9.0m (Class H) for 2025.

• Net assets attributable to unitholders: $830.2m (2025) vs $788.7m (2024).

• Fund performance: 16.1% (unhedged), 9.7% (hedged) for the year ended 30 June 2025.

Outlook and guidance

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

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