Future Generation Australia Limited Future Generation Australia Limited (ASX:FGX) is a philanthropically focused listed investment company that provides shareholders with diversified exposure to Australian equities through a fund-of-funds model, investing in portfolios managed by prominent Australian fund managers including Paradice Investment Management, Regal Funds Management, Sandon Capital and Smallco Investment Manager; the company targets long-only, long/short and alternative investment strategies to deliver fully franked dividends, long-term capital growth and lower volatility than the broader market. Founded in 2014 and headquartered in Sydney, Australia, Future Generation Australia Limited waives management and performance fees through pro bono support from its fund managers and service providers, channeling 1% of net asset value annually to Australian not-for-profits supporting vulnerable children aged 0-14 overcoming adversity; it operates exclusively in the Australian public equity markets, serving retail and institutional investors seeking income and growth with social impact. In 2023, the company changed its name from Future Generation Investment Company Limited to align with its sharpened philanthropic mission, and in 2025 it conducted a national expression of interest process attracting 329 applicants to select 11 new non-profit partners including Raise Foundation, GUTS Dance, Karinya House, KidsXpress, Lighthouse Foundation, Mirabel Foundation, Yawarda Services, Yiliyapinya, Australian Children’s Music Foundation, Giant Steps and Brave Foundation, focusing on positive childhood experiences; recent developments include the issuance of 899,910 new fully paid ordinary securities in November 2025 and a director's increased stake by Gabriel Radzyminski.