MyFarm KiwiFruit Fund

The MyFarm KiwiFruit Fund is an opportunity for wholesale investors to invest in a large-scale diversified portfolio of established SunGoldTM kiwifruit orchards and Zespri shares, that is targeting a long-term total return of 10% p.a.*

Having achieved a total return of 12.8% p.a. in the 2025 financial year, the Fund has since raised further capital for orchard acquisition and is now open to investment from qualified Wholesale and Institutional Investors.

With a combined asset value of over $220 million, MyFarm KiwiFruit Fund is one of New Zealand’s largest investments in kiwifruit production. Investors in the Fund will share in the ownership of 18 orchards (168 hectares) located across Bay of Plenty and Northland and planted almost exclusively (98%) in SunGold.** The Fund has ambitions to continue to build on its position as Zespri's second largest shareholder – with an aim to invest up to 15% of its assets in these historically-lucrative shares.

The kiwifruit industry is undoubtedly one of New Zealand’s best export success stories. Export revenues are expected to reach $NZD4.3 billion¹, making kiwifruit New Zealand’s fourth largest-primary sector export. Zespri has successfully built a brand that consumers are willing to pay more for, with export value growth far outstripping volume growth. At just 1% of the global fruit market², there is significant room to expand as global demand for nutritious, premium fruit continues to rise. SunGold is New Zealand’s most productive, most profitable kiwifruit variety – providing the potential for high grower returns.

By virtue of its size, one of the Fund’s standout features is its eligibility and capability to take a significant shareholding in Zespri – the world’s largest marketer of kiwifruit. Only growers can invest in these shares, which have a track record of paying gross dividends in the range of 15-20% p.a.

The MyFarm KiwiFruit Fund is an Acceptable Managed Fund for Active Investor Plus Visa applicants.

Investment Highlights:

• An investment in a portfolio of 18 SunGold kiwifruit orchards located in Bay of Plenty and Northland and a significant holding of Zespri shares (ZGL).
• Targeted total return, including capital growth, of 10% p.a.* over the long-term. In its first financial year, the Fund produced a total return of 12.8% p.a. (including a cash distribution of 4.5% p.a.).
• Targeted annual cash distributions of 6 -9% p.a.
• Cash returns will be driven by orchard profitability, lease payments and income from shares in Zespri Group Limited.
• The Fund provides a range of liquidity options: Investors successfully traded 5 million Units in the 12 months to 30th April 2026.
• Available to wholesale investors only.
• The Fund is an Acceptable Managed Fund for Active Investor Plus Visa applicants.

It’s fair to say we’re excited about the Fund’s track record and future potential. The scale of the Fund provides significant benefits for investor returns:

• Access to multiple revenue streams: orchard income and dividends from Zespri shares. The Fund aims to invest up to 15% of its total asset value in Zespri shares. As of today, the Fund already owns 3.64 million shares, making it Zespri’s second largest shareholder.
• Potential to provide consistent returns. Geographic diversification means capital expenditure costs are spread across a bigger base – as are the risks from weather and other one-off events.
• Economies of scale. Reduced costs, including financing and overheads, due to the scale of the Fund.
• Strategic agility. Potential to keep improving the quality of the portfolio by reinvesting in existing orchards or trading up (selling and buying orchards).

The MyFarm KiwiFruit Fund is open to wholesale investors - it is not available for retail investors.

Wholesale investors can look to join the MyFarm KiwiFruit Fund by either subscribing for new Units or by taking up Units from existing investors***.

To find out more and to request a copy of the latest Information Memorandum, , click on the "Register Interest” button on the right-hand side of the screen or contact Louise Bignall (louiseb@myfarm.co.nz or 021 172 0662)

An information brief is also available by clicking here.

For more information on the KiwiFruit Fund, please feel free to contact the MyFarm team.