Key Highlights

  • The active fund holds 71 global companies, with the top ten at 35.28%.
  • Technology (45.03%) and Industrials (35.74%) are the two largest sectors, and there is no financial exposure.
  • The management fee is 1.10% and reported turnover is 77.60%.
  • The July 2026 distribution of $0.226 is lower than the $0.262 paid in July 2025.

Nanuk New World Fund Active ETF (ASX:NNUK) is built on the manager's belief that the tension between economic growth and environmental sustainability is driving long-term structural changes in many industries. The fund was admitted to the ASX on 21 March 2022 and last traded at $2.30 on 13 October 2026. It reports a fund size of $978.91 million.

Detail

Information

Ticker

ASX:NNUK

Fund

Nanuk New World Fund Active ETF

Category

Equity World Large Blend

Benchmark

MSCI ACWI NR AUD

Fund size

$978.91 million

Management fee

1.10%

Total holdings

71

ASX admission date

21 March 2022

Holdings and turnover

The ten largest positions represent 35.28% of the fund. NVIDIA leads at 4.89%, followed by Taiwan Semiconductor Manufacturing (4.86%), Microsoft (4.36%), Trane Technologies (3.99%) and ResMed (3.30%). SK hynix (3.14%), Agilent Technologies (2.86%), Veeva Systems (2.66%), Asia Vital Components (2.61%) and Waste Management (2.55%) follow.

Reported turnover is 77.60%, and cash is 3.37%.

Sector and country exposure

Technology holds 45.03% against 30.99% for the category and Industrials 35.74% against 10.60%. Healthcare holds 14.90%. The fund has no weighting in Financial Services, Communication Services, Energy, Basic Materials or Real Estate, and Consumer Cyclical is only 1.11%.

The United States accounts for 54.00%, well below the 68.75% category figure. Taiwan holds 8.98%, Japan 8.08%, South Korea 6.86%, Germany 4.19% and Denmark 3.51%.

Fee, risk and distributions

The management fee is 1.10% a year. The fund reports a beta of 1.33 and a standard deviation of 13.60. The final distribution of $0.226 per unit had an ex-date of 1 July 2026, a record date of 2 July and payment on 14 July.

That is lower than the $0.262 paid in July 2025, but higher than the $0.188 in July 2024, $0.006 in July 2023 and $0.118 in July 2022.

Category classification and liquidity

Morningstar places the fund in the Equity World Large Blend category, which covers funds investing primarily in large companies listed around the globe, with the portfolio not defined by a single sector or region and the blend style applied where neither growth nor value characteristics predominate.

Liquidity indicators add a further view. There are 423,770,324 units on issue, and average daily trading volume is 88,066 units. Over the five sessions from 7 to 13 October 2026, daily volume ranged from 48,800 to 190,400 units, with 190,495 recorded on 13 October while the market was still open. The bid-offer range stood at $2.28 to $2.35, and the day range at $2.28 to $2.33. These figures change through the trading day and reflect market activity rather than the fund's holdings.

Recent announcements

The issuer lodged the Monthly Portfolio Disclosure for September 2026 on 9 October, a Director Resignation notice on 6 October and Units on Issue and Monthly Unit Movements for September on 5 October. August equivalents followed on 8 and 3 September.

Final Takeaway

NNUK pairs an active, theme-driven portfolio with a 1.10% fee and turnover of 77.60%. Its sector mix leaves out financials entirely and leans on Technology and Industrials. These facts describe the fund and do not suggest outcomes.