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        "label": "20260130 Foundation Series Funds Core Equity Funds #1 PDS.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 316.87 KB",
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        "label": "20260130 Foundation Series Funds Diversified Funds PDS.pdf Additional product disclosure statement from the provider PDF, 330.98 KB",
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      {
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      {
        "risk_name": "ESG risk",
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      "Gains derived from cash and fixed interest investments will generally be taxed on an accruals basis; NZ shares will generally be taxed on dividend income received.",
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      "Investors will not pay tax on distributions (if any) paid to them from the Funds.",
      "If an Investor is not a New Zealand resident, the Investor's allocated income from the Funds will be taxed at 28%; FundRock will account to the IRD directly for tax on a non-resident Investor's allocated income.",
      "If the Funds invest into offshore based funds there may be foreign withholding tax deducted from income received; however, this withholding tax is not recognised under New Zealand tax law and cannot be utilised against any PIE tax liability.",
      "If the Funds invest in offshore domiciled global share funds, the underlying management fee and expenses may not be tax deductible, which is a function of the Fair Dividend Rate tax methodology.",
      "Investors must advise FundRock of their PIR and IRD number when applying; if no PIR is provided, the investor will automatically be taxed at the maximum default rate of 28%.",
      "Taxable income is attributed annually to 31 March, or at any time an Investor withdraws all or part of their investment from the Funds.",
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      "The Commissioner of Inland Revenue can require FundRock to disregard a PIR notified by an Investor if the Commissioner considers the rate to be incorrect."
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      "A related party transaction in respect of the Funds may only be done if the details are notified to the Supervisor and we: 1) certify the transaction is 'permitted' on the basis that it comprises investment into a regulated investment in NZ or Australia, or the transaction is on arm's length terms, or 2) we obtain the Supervisor's consent on the basis that it is in the best interests of investors, or contingent on Special Resolution approval by investors."
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