Nanuk, Australia’s leading sustainably themed global equities manager, launches new currency hedged active ETF

Tom King

Nanuk Asset Management (Nanuk) is pleased to announce the Nanuk New World Fund (Currency Hedged) Active ETF listing. This class of units will now utilise a dual access mechanism, providing investors access to the fund via the listed and unlisted channels.

Tom King, CIO at Nanuk Asset Management, said: “The move to launch the Nanuk New World Fund’s hedged unit class as an ETF has been driven by adviser demand for listed access to the currency hedged version of the Fund, launched last year, which has attracted solid support from advisers and investors.”

The Nanuk New World Fund has a strong track record over nearly a decade and is likely to be well suited to many client portfolios. Its differentiated portfolio seeks to provide diversification benefits and alignment with likely future structural changes in the global economy. The strategy’s ETF quotation provides an actively managed, currency hedged version as an alternative to using passive hedged strategies.

The Fund provides investors with exposure to a diversified portfolio of listed companies that are assessed to be benefiting from, or contributing to, improving global environmental sustainability and resource efficiency.

Investment is primarily in areas such as clean energy, energy efficiency, industrial efficiency, advanced and sustainable materials, waste management, recycling and pollution control, food and agricultural productivity and healthcare technology.

Nanuk Asset Management was established in 2009. The firm is an industry leader in thematic investing and focuses on sectors that are benefiting from the changes in the global economy necessary to address the increasing tension between ongoing economic growth and longer-term sustainability.