Nanuk New World Fund Active ETF (NNUK) Review & Analysis
- +1.8% in September (total return), ahead of the median international shares ETF at +0.0%.
- Investors added a net $16m (1.6% of the fund).
- The unit price closed the month at $2.30, 8% below its 12-month high (range $1.97 to $2.51).
About NNUK
NNUK is the ASX-listed version of the Nanuk New World Fund, an actively managed global shares fund. The manager invests in listed companies around the world that it expects to benefit from the shift towards a more sustainable and resource-efficient economy, covering areas such as clean energy, electrification, efficiency, health care and technology. The fund is unhedged.
Because it is built around a theme and run by a stock-picking team, NNUK looks quite different from a broad world index and its returns can depart from the market by a wide margin in either direction. It tends to hold more industrial, utility and technology companies and fewer of the usual mega-cap names. Its fee is much higher than an index fund, so the manager's skill has to earn it back. Distributions are unfranked and can vary, and Australian dollar moves feed directly into returns.
NNUK is usually a satellite holding for investors who want an active manager's take on the sustainability transition. Its currency hedged sibling is NNWH, and broad index alternatives include IWLD; see NNUK vs NNWH and IWLD vs NNUK.
NNUK distributions and dividend dates
The latest distribution was $0.2265 per unit (0% franked), ex-distribution on 1 July 2026 and paid on 14 July 2026. To receive it you need to own NNUK before the ex-date.
From ASX announcements, updated nightly. See every ETF in the dividend calendar.
Compare NNUK with
| Fee | 1.10% | 1.10% |
| 1 year | +23.2% | +30.6% |
| 5 yrs p.a. | – | – |
| Size | $975m | $249m |
| Fee | 1.10% | 0.07% |
| 1 year | +23.2% | +14.0% |
| 5 yrs p.a. | – | +9.2% |
| Size | $975m | $6.5bn |
| Fee | 1.10% | 0.09% |
| 1 year | +23.2% | +10.4% |
| 5 yrs p.a. | – | +12.3% |
| Size | $975m | $2.0bn |
| Fee | 1.10% | 0.13% |
| 1 year | +23.2% | +17.1% |
| 5 yrs p.a. | – | +11.0% |
| Size | $975m | $1.1bn |
NNUK price by TradingView
| Stock Code | NNUK |
|---|---|
| Fund Manager | Nanuk |
| Asset Class | International shares |
| AUM | $975m |
| MER (%) | 1.10% |
| Net flows (Sep) | +$16m |
| Last Price | $2.30 |
| 52-Week Range | $1.97 – $2.51 |
| Bid/Ask Spread | 0.76% |
| Listing Date | 21/03/2022 |
| Exchange | ASX |
| Index | None: actively managed. See the PDS for its benchmark |
| Issuer website | Nanuk ↗ |
Performance (% return)
$10,000 invested…
Value at 30 September 2026 with distributions reinvested, before tax and brokerage.
Total returns including distributions, to 30 September 2026. 1M, 1Y, 3Y and 5Y bars are cumulative.
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