Kernel Wealth Limited
Kernel S&P Global Dividend Aristocrats Fund
Kernel KiwiSaver PlanAggressive
What the provider says about this fund
The Kernel S&P Global Dividend Aristocrats Fund invests in globally listed multi-national, blue chip companies and is designed to track the S&P Global Dividend Aristocrats Quality Income DM ex KR Index (NZD)
1-year return
13.80%
5-year return p.a.
5.59%
Total annual fee
0.25%
Fund size ($m)
5.3
Members
336
Inception date
11 April 2022
Risk indicator
The official Smart Investor risk indicator uses a scale from 1 to 7.
1
2
3
4
5
6
7
Lower riskHigher risk
Investment mix
Growth assets
99.44%
Income assets
0.56%
| Asset class | Actual | Target | Average for Aggressive funds |
|---|---|---|---|
| Commodities | 0.00% | 0.00% | 0.09% |
| International bonds | 0.00% | 0.00% | 0.17% |
| International shares | 97.87% | 100.00% | 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 | Verizon Communications Inc | Shares | International Equities | US | 2.29% |
| 2 | Getty Realty Corp | Shares | International Equities | US | 2.01% |
| 3 | Pfizer Inc | Shares | International Equities | US | 1.98% |
| 4 | TELUS Corp | Shares | International Equities | CA | 1.93% |
| 5 | Edison Intl | Shares | International Equities | US | 1.87% |
| 6 | Flowers Foods Inc | Shares | International Equities | US | 1.79% |
| 7 | ONEOK Inc | Shares | International Equities | US | 1.77% |
| 8 | LTC Properties | Shares | International Equities | US | 1.72% |
| 9 | Highwoods Properties | Shares | International Equities | US | 1.62% |
| 10 | Deluxe Corp | Shares | International Equities | US | 1.60% |
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 | 14.47% | 16.43% |
| 31 March 2025 | 16.31% | 4.58% |
| 31 March 2026 | 13.80% | 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 |