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This fund includes and adjusts companies in the S&P/NZX 50 according to sustainability factors.
5 year p.a index return as at 31 March 2024
Indicative dividend yield as at 31 March 2024
Management fee p.a.
Overview
One of the first index funds in New Zealand to not only exclude companies from controversial industries, but to also both upweight and downweight companies based on non-financial metrics including governance practices, fossil fuel exposure, and workplace diversity. Using the internationally acclaimed Corporate Sustainability Assessment from S&P Dow Jones, each company included in of the S&P/NZX 50 is given an ESG score and re-weighted accordingly. Tracking the S&P NZX 50 Portfolio ESG Tilted Index, this fund is designed to provide long-term capital growth and diversification.
As at March 31, 2024
Company | Country | Industry | Weight |
---|---|---|---|
Meridian Energy | NZ | Utilities | 11.47% |
Contact Energy Ltd | NZ | Utilities | 11.25% |
Auckland International Airport | NZ | Industrials | 9.56% |
Fisher & Paykel Healthcare Corp Ltd | NZ | Health Care | 9.42% |
Fletcher Building Ltd (NZ Registry) | NZ | Industrials | 8.77% |
Spark New Zealand Limited (NZ Registered) | NZ | Communication Services | 6.35% |
Range of returns
VS
The lowest and highest 12 month returns, in 5 years as at 31 March 2024*
Growth of $10k
For the 5 years as at 31 March 2024, an investment of $10,000 would be up 39.34%*
Investment Objective
The fund is designed to provide long-term capital growth and diversification.
*These are the gross index returns, not including fees or taxes.
As at March 31, 2024
3 months
1 year
5 years
10 years
Index returns are total returns gross of imputation credits where applicable, not including fees or taxes. All yearly returns are annualised.
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.
Potentially Lower Returns
Potentially Higher Returns
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Indices provided by: S&P Dow Jones Indices