A diversified allocation of 60% shares and 40% cash and bonds.

Balanced

Made up of short-term interest bearing assets and other NZ fixed income and floating rate note assets.

Cash Plus

Own your piece of 100 blue chip companies across major equity markets. The biggest household names, they provide global diversification and long-term capital growth.

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Global 100

 

Own your piece of 100 blue chip companies across major equity markets, hedged against currency fluctuations. The biggest household names, they provide global diversification and long-term capital growth. 

Global 100 (NZD Hedged)

A globally diversified fund that adjusts companies based on their S&P Global ESG score and alignment with the 2016 Paris Agreement.

Global ESG 

A globally diversified fund that adjusts companies to be in alignment with the 2016 Paris Agreement. Hedged against currency fluctuations.

Global ESG (NZD Hedged) 

This fund invests in global real estate companies with weighting towards sustainable practices. 

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Global Green Property

A globally diversified investment in mostly infrastructure lines of business, e.g. utilities, storage and telecommunications, providing relatively stable cash flow and inflation hedging.

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Global Infrastructure

A globally diversified investment in mostly infrastructure lines of business, e.g. utilities, storage and telecommunications, providing relatively stable cash flow, inflation hedging and also hedged against currency fluctuations. Not currently available in the Kernel KiwiSaver Plan. 

Global Infrastructure (NZD Hedged)

A diversified fund made up of over 98% growth assets.

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High Growth

An accessible alternative to investing in individual bonds or income-generating assets maturing in March 2027. 

March 2027 NZ Bond

An accessible alternative to investing in individual bonds or income-generating assets maturing in March 2029. 

March 2029 NZ Bond

Designed for long-term capital growth, the NZ 20 fund invests in 20 of the largest companies listed on the NZX.

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NZ 20

This fund includes and adjusts companies in the S&P/NZX 50 according to sustainability factors.

NZ 50 ESG Tilted

Invests primarily in New Zealand issued bonds, deposits and more. 

NZ Bond

The Commercial Property Fund delivers diversification in the property sector by investing in the eight largest REITs on the New Zealand Exchange (NZX).

NZ Commercial Property

The Fund invests in a broad range of smaller companies listed on the New Zealand Exchange (NZX), and is the first NZ Index fund to invest outside of the S&P/NZX 50.

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NZ Small & Mid Cap Opportunities

Own your piece of 500 US companies listed on the New York or Nasdaq stock exchanges. The S&P 500 is considered a proxy for the U.S. stock market, and this Fund is designed for growth, well-diversified and hedged against currency fluctuations.

A map of the USA with different states highlighted

S&P 500

Invests in global companies involved in the production or provision of Clean Energy.

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S&P Global Clean Energy

After a strong, regular distribution payment, look no further than Dividend Aristocrats. This Fund includes global companies that have a record of maintaining a high dividend over a sustained period of time.

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S&P Global Dividend Aristocrats

Invest in a diversified mix of global companies involved in the electric vehicles sector and the ecosystems supporting it – energy storage systems, clean fuel technology, charging infrastructure and more.

S&P Kensho Electric Vehicle Innovation

Own your share of 50 of the most innovative US-listed companies at the forefront of disruptive themes changing our tomorrow, e.g. Virgin Galactic Holdings, iRobot, Microvision and more.

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S&P Kensho Moonshots Innovation

Invest in the world’s biggest bond market, hedged to the New Zealand dollar. 

US Bond

Which investments you choose is personal to your situation, tolerance for risk, time horizon and general preferences. We have a few great resources on how to select investments, including what to consider - 

. You may also wish to consult a financial adviser (especially with complex situations). 

 for independent financial adviser suggestions. 

How do I choose my investments?

You can choose between our three diversified funds - Kernel Cash Plus, Balanced and High Growth Funds - or create a custom KiwiSaver Plan with a mix of the Kernel funds. Read about whether the Kernel KiwiSaver Plan is right for you 

Which fund should I choose?

Five minutes of your time, your IRD number, your New Zealand identification and your NZ bank account details. If you don’t have NZ I.D. you can contact us for other options. 

What do I need to get started?

The fees you pay depend on the products you would like to use. You can read more about 

. There are no membership, entry, exit, switch or transaction fees!

How much will I pay in fees?

Kernel is regulated and licensed by the Financial Markets Authority and our Funds are supervised by Trustees Executors Limited, who set our requirements to operate. Read more on investment security 

How safe is my investment?

Yes! You can switch between investment funds online at any time for free. You can invest in any combination of funds that suit your retirement goals. Find out how it works 

Can I switch between investment funds?

Diversified Funds

Global

Local

Sustainability

Future

Income

Kernel Fund returns are calculated on unit price movement, assuming distributions are reinvested and after fees, but before applicable PIE tax. Performance since inception is annualised. 

Please note that past performance is not an indicator of future performance.

Choose between our range of funds to suit your goals and timeframe.

Index returns are gross index returns, not including fees or taxes. All yearly returns are annualised. In some cases, 10-year data is not available. 

Whether you're looking to invest locally, internationally or sustainably, Kernel's diversified funds are the building blocks to your long-term investment portfolio.

Fund name	3M	1Y	5Y	10Y	Since inception
Balanced Inception date: 07 November 2022	5.52%	14.51%	N/A	N/A	20.76%
Cash Plus Inception date: 07 November 2022	1.60%	6.49%	N/A	N/A	8.55%
Global 100 Inception date: 15 July 2020	17.55%	35.55%	N/A	N/A	86.72%
Global 100 (NZD Hedged) Inception date: 02 November 2022	12.09%	30.19%	N/A	N/A	44.61%
Global ESG Inception date: 03 July 2023	16.36%	N/A	N/A	N/A	23.60%
Global ESG (NZD Hedged) Inception date: 03 July 2023	11.47%	N/A	N/A	N/A	21.23%
Global Green Property Inception date: 16 June 2021	-0.34%	10.86%	N/A	N/A	-12.78%
Global Infrastructure Inception date: 15 July 2020	5.46%	6.92%	N/A	N/A	33.66%
Global Infrastructure (NZD Hedged) Inception date: 27 July 2022	0.92%	2.79%	N/A	N/A	-2.00%
High Growth Inception date: 11 April 2022	9.02%	20.67%	N/A	N/A	24.10%
March 2027 NZ Bond Inception date: 07 March 2024	N/A	N/A	N/A	N/A	0.62%
March 2029 NZ Bond Inception date: 07 March 2024	N/A	N/A	N/A	N/A	1.16%
NZ 20 Inception date: 28 August 2019	3.31%	2.77%	N/A	N/A	22.23%
NZ 50 ESG Tilted Inception date: 14 July 2021	2.25%	5.60%	N/A	N/A	1.95%
NZ Bond Inception date: 07 March 2024	N/A	N/A	N/A	N/A	1.13%
NZ Commercial Property Inception date: 28 August 2019	-0.07%	3.60%	N/A	N/A	-6.38%
NZ Small & Mid Cap Opportunities Inception date: 28 August 2019	-0.61%	1.99%	N/A	N/A	-8.69%
S&P 500 Inception date: 11 April 2022	10.36%	28.73%	N/A	N/A	17.75%
S&P Global Clean Energy Inception date: 16 June 2021	-4.83%	-22.24%	N/A	N/A	-21.17%
S&P Global Dividend Aristocrats Inception date: 15 July 2020	6.81%	15.75%	N/A	N/A	53.13%
S&P Kensho Electric Vehicle Innovation Inception date: 17 February 2021	1.67%	-7.39%	N/A	N/A	-50.75%
S&P Kensho Moonshots Innovation Inception date: 17 February 2021	1.34%	-4.74%	N/A	N/A	-73.67%
US Bond Inception date: 11 December 2023	-0.91%	N/A	N/A	N/A	1.59%

Kernel Funds

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