Investment company new source of funding for youth mental health

27 July 2015

A new investment company has been established in support of youth mental health, with ReachOut Australia and eight other charities to share an annual donation estimated at $5.5 million.

The fund, Future Generation Global, is Australia’s first internationally focused listed investment company, aiming to provide shareholders with an attractive investment that also gives back to a good cause.

“We’re delighted to have been chosen as a beneficiary of Future Generation Global. Proceeds from the fund will enable us to expand our work with young people in rural and regional communities, who often have difficulty accessing local help for their mental health,” said ReachOut Australia CEO Jono Nicholas.

Fund managers from around the country are providing their services pro-bono so that 1% of net assets each year can be donated to Australian youth mental health charities.

“Future Generation Global is a remarkable new way to engage the community in philanthropy and will provide support for youth mental health for years to come.”

To learn more about how you can be part of the fund, check out the prospectus and research overview.

Related

• Future Generation Global aims to improve mental health, The Australian, 29 June 2015

• Global investments for the future of youth mental health: Future Generation Global, GenerosityMag.com.au, 20 July 2015