The Foundation Series Growth Fund (the Fund) is a PIE-compliant New Zealand-domiciled fund with investments managed by InvestNow Saving and Investment Service (InvestNow). Implemented Investment Solutions (IIS) 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 provides investors with access to low cost diversified portfolio of assets. It aims for high long-run returns by investing in a diversified portfolio weighted towards growth assets but with some income asset exposure. The Fund invests in a variety of asset classes and investment can be either directly in securities (including derivatives) or via a suitable fund, both in New Zealand and internationally.
InvestNow is the investment manager for the Fund. InvestNow selects underlying funds and/or appoints investment managers. Related parties of InvestNow may be appointed to manage a portion of the Fund.