The Foundation Series Nasdaq-100 Fund (the Fund) is a PIE-compliant New Zealand-domiciled fund with investment management undertaken by InvestNow Saving and Investment Service (InvestNow). FundRock NZ Limited is the issuer and manager of the Fund. The Fund is registered as an offer within a Managed Investment Scheme under the Financial Markets Conduct Act 2013 and is regulated by the FMA.
The Fund aims for high long-run returns by investing in an Exchange-Traded Fund that invests in in shares of the largest non-financial companies listed on the Nasdaq stock exchange.
The Fund’s objective is to perform broadly in line with the return of its investment benchmark before fees and tax over the long-term.
The Fund’s investment benchmark is the Nasdaq-100 Notional Net Return Index NZD.
