New Zealand's MyFarm plans a $190M kiwifruit orchard investment fund, consolidating SunGold™ kiwifruit properties and Zespri shares.

New Zealand investment manager MyFarm plans to form a $190M kiwifruit orchard investment fund, consolidating 13 Bay of Plenty and 4 Northland SunGold™ kiwifruit properties along with associated shares in grower-owned Zespri. The MyFarm KiwiFruit Fund aims to provide low-risk exposure to long-term ownership of quality kiwifruit orchards and Zespri shares, with capital raising set to commence in July.