Kernel Wealth Limited
Kernel NZ 50 ESG Tilted Fund
Kernel KiwiSaver PlanAggressive
What the provider says about this fund
The Kernel NZ 50 ESG Tilted tracks the S&P/NZX 50 Portfolio ESG Tilted Index. Using the internationally acclaimed Corporate Sustainability Assessment from S&P Dow Jones, each company included in the S&P/NZX 50 Portfolio Index is given an ESG score and re-weighted accordingly
1-year return
4.98%
5-year return p.a.
5.59%
Total annual fee
0.25%
Fund size ($m)
1.5
Members
138
Inception date
11 April 2022
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
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Lower riskHigher risk
Investment mix
Growth assets
99.69%
Income assets
0.31%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Australasian shares | 99.69% | 100.00% | 28.28% |
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 0.00% | 0.00% | 59.89% |
| Listed property | 0.00% | 0.00% | 8.08% |
| New Zealand bonds | 0.00% | 0.00% | 0.17% |
| Unknown | 0.00% | 0.00% | 0.00% |
| Unlisted property | 0.00% | 0.00% | 0.17% |
Top 10 holdings
| Rank | Asset | Asset class | Asset type | Country | % of fund |
|---|---|---|---|---|---|
| 1 | Fisher & Paykel Healthcare Corp Ltd | Shares | Australasian Equities | NZ | 10.46% |
| 2 | Fletcher Building Ltd (NZ Registry) | Shares | Australasian Equities | NZ | 8.58% |
| 3 | Auckland International Airport | Shares | Australasian Equities | NZ | 7.95% |
| 4 | Meridian Energy | Shares | Australasian Equities | NZ | 7.90% |
| 5 | Contact Energy Ltd | Shares | Australasian Equities | NZ | 7.08% |
| 6 | Spark New Zealand Limited (NZ Registered) | Shares | Australasian Equities | NZ | 6.53% |
| 7 | Precinct Properties New Zealand Limited | Shares | Australasian Equities | NZ | 5.82% |
| 8 | Westpac Banking Corporation (NZ Register) | Shares | Australasian Equities | NZ | 4.78% |
| 9 | The a2 Milk Company Ltd | Shares | Australasian Equities | NZ | 4.48% |
| 10 | Fonterra Shareholders' Fund | Shares | Australasian Equities | NZ | 4.36% |
Fees
0.25% total annual fee
| Fee type | Fee | Cost per year on a $30,000 balance | Average for Aggressive funds |
|---|---|---|---|
| Management fees | 0.25% | $75 | 0.71% |
| Other fees | 0.00% | $0 | 0.08% |
| Membership fees | 0.00% | $0 | 0.05% |
| Total combined fees | 0.25% | $75 | 0.85% |
Yearly returns
| Year ending | Fund return | Average for Aggressive funds |
|---|---|---|
| 31 March 2024 | 4.51% | 16.43% |
| 31 March 2025 | 2.50% | 4.58% |
| 31 March 2026 | 4.98% | 12.72% |
Key personnel
| Name | Position | Time in role |
|---|---|---|
| Dean Anderson | Chief Executive | 7 years, 6 months |
| Helen Skinner | Head of Distribution and Sustainability Strategy | 1 year |
| Kerry Mcintosh | Chairman | 6 years, 9 months |
| Rhea Prasad | Portfolio Manager | 3 years, 4 months |
| Stephen Upton | Chief Operating Officer | 6 years, 9 months |