# MyFarm KiwiFruit Fund **Provider:** MyFarm Investments (https://www.myfarm.co.nz) **Source:** https://wholesaleinvestor.co.nz/funds/myfarm-kiwifruit-fund **Facts JSON:** https://wholesaleinvestor.co.nz/api/im/myfarm-kiwifruit-fund/facts.json > This document is a machine-readable concatenation of 1 extracted document(s) for AI/LLM grounding. The original PDFs are linked in each section. > Wholesale-only — for eligible investors per FMCA Schedule 1. WI does not republish manager performance numbers; verify with the manager. --- ## factsheet **Source PDF:** https://www.myfarm.co.nz/images/assets/0ee9/1/MyFarm%20KiwiFruit%20Fund%20LP%20-%20intro%20-%20Nov%202025.pdf **Pages:** 4 **Extracted via:** pdftotext on 2026-05-20 Investment Brief November 2025 Key Highlights Strong Target Returns Targeted long-term total return, including cash distributions and capital growth, of 10% p.a.* In FY25, the Fund delivered a total return of 12.8% p.a. Targeted long-term cash distributions of 6-9% p.a., paid quarterly (post fees, pre-tax). In FY26, cash distributions are forecast at 6 - 7% p.a. Established fund The Fund is seeking NZD 35 million in investor capital in FY26 to support looking to grow further growth. Funds intended to be used to purchase and develop additional orchards, increase productivity and acquire further Zespri shares. AIP Investor Ready Approved as an Acceptable Managed Fund for AIP visa applicants; as an established fund, funds can be invested in line with raise close dates and start to earn an immediate return. Growing and highly Kiwifruit is growing strongly1 and, at just 1% of the global fruit market2, has profitable sector significant room to expand as global demand for nutritious, premium fruit continues to rise. Sustainable competitive SunGold™ is the most profitable kiwifruit variety—protected by plant-variety advantage rights, best grown in New Zealand, the world’s most productive region for kiwifruit³, and backed by Zespri’s world-class marketing that commands premium prices globally. Risk mitigation from The Fund owns a diverse portfolio of 17 established kiwifruit orchards spread multiple income across key growing regions in the Bay of Plenty (77% of area) and Northland streams (23% of area) as well as 3.64 million shares in Zespri Group Limited. Access to Zespri shares Historic gross yield of 15-20% p.a.; ownership restricted to kiwifruit growers; the Fund is Zespri’s second largest shareholding entity. Benefits of scale Assets of over NZD 210 million; competitive finance costs; experienced Board with deep knowledge of horticulture and financial markets; balance of mature and developing orchards, providing potential for capital growth. Tax benefits From depreciation of SunGoldTM licence and imputation credits. As an example, for investors on a 33% tax rate, a 7.5% p.a distribution is estimated to be the equivalent of a 9.6% p.a. return on a fully taxable investment. Liquidity Options Units can be listed on Syndex (www.syndex.exchange) year round or at the Fund’s Quarterly Unit auctions; over 5 million Units traded in the 12 months to 31st August 2025. 17 159 83% of value 98% cha 3.64 million Properties Cha in the Bay of licenced with ZGL shares Plenty SunGold™ The MyFarm KiwiFruit Fund kiwifruit production, the Fund’s substantial holding of Zespri shares provides an additional revenue stream. offers investors access to These shares — which can only be owned by growers — immediate returns from a have historically paid dividend returns of between 15-20% p.a. and with over 3.6 million shares, the Fund is Zespri’s diversified investment at scale second largest shareholding entity. in one of New Zealand’s leading The Fund’s scale brings several benefits to investors: the export industries. Fund’s established portfolio is already paying distributions and delivered a total return of 12.8% p.a. in FY25, exceeding its target. The Fund’s diverse asset base spreads With total assets exceeding NZD 210 million, MyFarm risk, while the combination of mature and developing KiwiFruit Fund is one of New Zealand’s largest kiwifruit orchards balances current income generation with the investments. Investors in the Fund share in the ownership potential for future capital growth. In addition, the Fund of 17 orchards (159 hectares) located across Bay of Plenty provides a range of liquidity options for its nearly 600 and Northland and planted almost exclusively (98%) in investors, who traded over 5 million Units in the 12 months SunGoldTM Kiwifruit. As well as generating income from to end August 2025. Why invest in kiwifruit? Investors have often sought to invest in primary sector SunGoldTM is New Zealand’s most productive, most industries due to their potential to provide inflation profitable kiwifruit variety — providing the potential for resilience, diversification and returns that aren’t typically high grower returns. It is protected by Plant Variety correlated with other asset classes, such as shares and Rights through to 2039, managed by Zespri. It has strong fixed interest. health attributes, packing in three times the vitamin C of an orange, it is highly productive, it stores well and The kiwifruit industry is one of New Zealand’s biggest consumers are prepared to pay a high price for it. This export success stories, with exports forecast to continue means that orchardists can generate high operating to grow to $3.9 billion in 20251 – making kiwifruit New margins, high profits, and strong cashflows. Zealand’s fourth largest primary sector export after dairy, meat and forestry products. A key driver of New Zealand’s success is Zespri, the world’s largest kiwifruit exporter and the sole global New Zealand has some of the best kiwifruit growing marketer for New Zealand kiwifruit. Zespri has built global conditions in the world. Clean air, fertile soils, favourable brand recognition which allows it to command price climate, relatively few pests and diseases and skilled premiums and it also invests heavily in R&D, seeking the growers all contribute to the unique quality and taste of next high-potential PVR protected variety. New Zealand grown kiwifruit. Interested in finding out more? Introducing MyFarm Investments Louise Bignall Andrew Watters MyFarm is one of New Zealand’s leading specialist primary Head of Client Relations Chief Executive Officer sector investment firms, with circa NZD 600 million of assets under management. P: +64 21 172 0662 P: +64 29 440 6605 Since 1990, MyFarm have provided investors with exposure to productive primary sector assets, allowing participation E: louiseb@myfarm.co.nz E: andreww@myfarm.co.nz in New Zealand’s vibrant rural economy. Note: The offer described in this Investment Brief is only open to investors who fall within the exclusions applicable to offers made to “wholesale investors” as set out in Schedule 1, clauses 3 (2)(a)-(c) and 3 (3)(a)-(b)(ii) of the Financial Markets Conducts Act 2013 (FMCA). You can obtain further information on FMCA requirements, and whether you fall within the requirements for wholesale investors and the exclusions for wholesale offers at www.myfarm.co.nz/fmca This investment described in this Information Brief is not suitable for or available to retail investors. * The Fund is targeting total returns of 10% per annum (cash distributions plus capital growth) over the long-term. In Financial Year ‘26, the Fund is targeting distributions of 6.0-7.0% p.a. based on price of a $1.00 per Unit. Returns may vary and are subject to risks as outlined in the Information Memorandum dated 1st September 2025, available at www.myfarm.co.nz/kiwifruit-fund. 1 Ministry for Primary Industries. (2025). Situation and Outlook for Primary Industries (SOPI) June 2025. Retrieved from https://www.mpi.govt.nz/ dmsdocument/69612-Situation-and-Outlook-for-Primary-Industries-SOPI-June-2025/ 2 Zespri International Ltd. (2024). Zespri Five-Year Outlook 2024. Retrieved from https://www.zespri.com/content/dam/zespri/nz/publications/5-year-outlook/ Zespri-Five-Year-Outlook-2024.pdf 3 NZKGI & BERL. (2023). Report on the Single Point of Entry for Kiwifruit Exporting. Retrieved from https://canopy.zespri.com/content/dam/new-canopy/nz/ en/documents/public/news/2023-NZKGI-Report-on-Single-Desk.pdf