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Founded: 2001 (Fonterra formed from merger of NZ Dairy Group and Kiwi Cooperative Dairies with the NZ Dairy Board); Fund established 2012
Founders: No individual founder -- a unit trust holding shares in the Fonterra dairy cooperative
Gives outside investors economic exposure to Fonterra, the farmer-owned cooperative that is the world's largest dairy exporter, without voting rights (reserved for farmer-shareholders).