Overview
The Active Long Term Growth Fund is an open-ended private equity fund managed by ForthCo Limited, based in Auckland, New Zealand. The fund focuses on backing established, profitable New Zealand businesses and targets long-term capital growth, with provisions for quarterly distributions and redemptions. It is structured as an evergreen fund available to wholesale and eligible investors only, with a minimum investment threshold. The fund appears on the NZTE Acceptable Managed Funds list under ForthCo Limited in the Growth category, making it AIP eligible.
Fund Overview
Open-ended private equity fund managed by ForthCo Limited, backing proven profitable NZ businesses ($10-100M EV) with quarterly distributions and redemptions. Target return 12% p.a. $100,000 minimum. AIP Growth Category pre-approved (NZTE-listed as "ForthCo Limited" 2025-08-27).
Asset Class
Private Equity
Structure
Evergreen Limited Partnership
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Quick Info
This information is for wholesale investors only and does not constitute financial advice. All investments carry risk. Please seek professional advice before making investment decisions.
Frequently Asked Questions
What is Active Long Term Growth Fund?
Open-ended private equity fund managed by ForthCo Limited, backing proven profitable NZ businesses ($10-100M EV) with quarterly distributions and redemptions. Target return 12% p.a. $100,000 minimum. AIP Growth Category pre-approved (NZTE-listed as "ForthCo Limited" 2025-08-27).
Who manages Active Long Term Growth Fund?
Active Long Term Growth Fund is managed by ForthCo (NZBN 9429047890183) based in Auckland, New Zealand. Manager registration on the Financial Service Providers Register is a legal requirement under the Financial Service Providers (Registration and Dispute Resolution) Act 2008 and does not itself constitute an endorsement.
What asset class is Active Long Term Growth Fund?
Active Long Term Growth Fund is classified as Private Equity on Wholesale Investor NZ. Asset-class classification reflects the fund's stated investment focus per its Information Memorandum and is provided for navigation purposes only — review the IM for the full strategy and risk profile.
Is Active Long Term Growth Fund evergreen or a closed-end fund?
Active Long Term Growth Fund is an evergreen fund — it is permanently open for subscription rather than running on fixed vintages. New investors can typically apply at any time subject to capacity, manager discretion, and the fund's stated subscription windows. Redemption terms are set in the Information Memorandum and vary by fund.
What is the minimum investment in Active Long Term Growth Fund?
Minimum investments across Active Long Term Growth Fund's currently listed offers range from NZ$100K. Minimums are set per offer and may change for new vintages — confirm the current minimum in the relevant Information Memorandum before subscribing.
Is Active Long Term Growth Fund wholesale-only?
Yes — Active Long Term Growth Fund is offered on a wholesale-only basis under Schedule 1 of the Financial Markets Conduct Act 2013. Subscription requires self-certification under one of the seven Schedule 1 pathways (typically the NZ$5M net-assets "large person" pathway or an accountant- or lawyer-signed eligible-investor certificate per Clauses 38-40). Wholesale-only funds do not publish a retail Product Disclosure Statement and do not appear on the Disclose Register.
Is Active Long Term Growth Fund a Limited Partnership?
Active Long Term Growth Fund is structured as a Limited Partnership (LP). LP income flows through to the investor and is taxed at the investor's marginal rate (up to 39% above NZ$180,000 of taxable income for 2024-25). Investors receive IR7 partnership tax statements annually and report the income on their personal IR3 return. The LP structure is common for private equity, venture capital, and direct-property syndicates in New Zealand.
Is Active Long Term Growth Fund eligible for the Active Investor Plus (AIP) visa?
Active Long Term Growth Fund is flagged as AIP-eligible on Wholesale Investor NZ, indicating it appears (or has appeared) on NZTE's Acceptable Managed Funds list for AIP visa applicants. The visa requires NZ$5M (Growth Category, 36-month hold) or NZ$10M (Balanced Category, 60-month hold) in acceptable investments held continuously for the full period. Eligibility determination sits with NZTE + Immigration NZ — verify against the live NZTE list before relying on this classification, and see our AIP eligibility guide for the full statutory framework.
When was Active Long Term Growth Fund launched?
Active Long Term Growth Fund was launched in 2020. Operational tenure is one input to evaluating manager track record but does not itself indicate likely future performance — past performance is not a reliable indicator of future returns per FMA fair-dealing guidance. Request audited financial statements covering the full operating period before subscribing.
Where can I read the IM or PDS for Active Long Term Growth Fund?
Active Long Term Growth Fund is a wholesale-only fund and the manager does not publish a retail-accessible Information Memorandum on Wholesale Investor NZ. Wholesale-only funds typically share the IM directly with prospective investors after a Schedule 1 self-certification under the Financial Markets Conduct Act 2013. Contact the manager to request the IM and the certification process.