Following anecdotal feedback that many of JUST’s 45,000 members were unaware of the upcoming successor fund transfer, an explanatory letter was sent to all of them last month, and this will be followed by more detailed information – in what Noonan said would amount to a product disclosure statement for the new fund – in May.
Investments
The Future Fund delivered a 14.8 per cent one-year return to June 30, 2026, attributing the return to a combination of exposure to commodities, geographic diversification, an increased focus on active management and low exposure to bonds. Newly minted chief investment officer Richard Brandweiner also highlighted strong performance in emerging markets.





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