Future Generation offers a unique opportunity to invest with leading Australian and global fund managers, while supporting youth-focused not-for-profit organisations.
Future Generation Australia (ASX: FGX) and Future Generation Global (ASX: FGG) are the first listed investment companies in Australia to deliver both investment and social returns. We have two objectives:
- to provide a steady stream of fully franked dividends and capital growth to investors by giving them unparalleled exposure to leading fund managers and
- to deliver critical funding to not-for-profit organisations working to improve the lives of young Australians.
FGX and FGG were founded by prominent Australian fund manager Geoff Wilson AO in 2014 and 2015 respectively. Today FGX has more than $500 million invested in Australian equities, managed by 18 leading fund managers. FGG has more than $500 million invested in global equities, managed by 15 top fund managers.
Because these fund managers do not charge management or performance fees, the Future Generation companies can donate 1.0% of our net tangible assets to carefully selected not-for-profit partners each year. FGX supports not-for-profits working with children and youth at risk, while FGG funds charities that promote wellbeing and prevent mental ill-health in young Australians.
To date, the Future Generation companies have donated $65.2 million, making us one of Australia’s Top 30 Corporate Philanthropists. . This has been made possible through the generosity of our fund managers, service providers, Board Directors and Investment Committee members, all of whom waive their usual fees.