Overview

How is this fund different to others?

The Kernel US Bond Fund provides exposure to the US bond market and is hedged against currency fluctuations. The fund aims to provide a similar return as an index made up of the total U.S. investment-grade bond market including government and corporate bonds. The fund tracks the Bloomberg US Aggregate Total Return Index Hedged NZD.

Holdings

As at March 31, 2024

Performance

• Range of returns

  -17.16%

  VS

  13.01%

  The lowest and highest 12 month returns, in 5 years as at 31 March 2024*

• Growth of $10k

  $9,965.14

  For the 5 years as at 31 March 2024, an investment of $10,000 would be up -0.35%*

• Investment Objective

  Diversification & Income Generation

  The fund is designed to provide global diversification and income generation.

*These are the gross index returns, not including fees or taxes.

Returns

As at March 31, 2024

Risk

The risk indicator reflects how much the value of the Fund’s assets goes up and down (volatility). A higher risk generally means higher potential returns over time, but more ups and downs along the way. The lowest risk rating doesn’t mean “risk-free” and this risk indicator is not a guarantee of a Fund’s future performance.