Our latest rebalance highlights significant adjustments in the NZ20 fund, with Infratil's capital raise impacting its weighting. Learn more notable changes in our latest blog.

Latest Index Fund Rebalancing: June 2024

Investment fees are often the biggest cost when investing in index or managed funds. To make sure you’re getting value for money we’ve put together a beginner’s guide to fees. 

Understanding Investment Fees: A Beginner's Guide

While an index fund is often referred to as being “passively managed” there is actually plenty of action happening behind the scenes. One of them includes regular rebalances.

Index Rebalancing: What Is It And How Does it Work?

Index funds are dramatically disrupting active fund managers and empowering a new generation of investors. But how do they actually operate?

How Does an Index Fund Work?

What actually is an index? This guide breaks it down. From a brief history to how indices will impact your financial life, read on to learn more.

What is an index?

blog header image_difference between etfs and index funds

Need to know the difference between an index fund and ETF, the types of managed funds to invest in and where to best put your money?

What’s the Difference Between an Index Fund, ETF, and More?

Watch this episode of Ask Kernel where we ask what S&P Dow Jones Indices do for index fund managers and what exactly is an index.

Who are S&P Dow Jones Indices & what is an index?!

When getting started with investing, it's best to use an index investing approach. What exactly does this mean? Read on to find out.

What is Index Investing?

Index funds are empowering a new generation of investors to grow their long-term wealth. Learn the ins and outs of how index funds work and why they’re often misunderstood.

Index Funds

Investing involves risk including the possible loss of principal and there is no assurance that the investment will provide positive performance over any period of time.

The information provided should not be relied upon as investment advice or recommendations and should not be considered specific legal, investment or tax advice.

Any information we provide is general only and current at the time of writing.

Kernel Wealth Limited (Kernel) is the issuer and manager of the Kernel Scheme. 

 for the Product Disclosure Statement. Past performance is not an indicator of future returns.

All returns are exclusive of tax. As PIE tax and withholding tax on interest earnt depend on personal factors, it would be confusing to include and unlikely to change the outcome. We have used the NZX50 gross index daily price series, where all dividends were reinvested on ex-date, exclusive of fees. Fees would have a negligible impact on the relative outcome of the different strategies.

Savings were made every Thursday for weeks in a row with investments made at market close. The 90 day bank bill rate was used for illustrative purposes, in reality cash savings account rates vary periodically. Past performance is no indicator of future performance for any investment. This article does not constitute financial advice, as your personal circumstances have not been taken into account.

 There are alternatives available for individual investors, including comparable value and de minimis exceptions but the hassle and associated cost likely outweighs the benefit achieved for most investors. Any NZ fund manager only has the FDR option. 28% is the PIR rate for those earning over $48,000, but if individually investing in companies the rate is up to 39%. Please note this is not tax advice as we are not a tax accounting firm and we don’t know your situation.

Whether you’re just getting started or a seasoned investor, here you can find everything you need to know about investing in the share markets.

Investing

Keen to save smarter for what matters today and tomorrow? Here you can learn the ins and outs of budgeting, saving and money management.

Saving

KiwiSaver can be a great tool to use on your road to a financially secure retirement. So, here is everything that you need to know to be able to get the most of your KiwiSaver.

KiwiSaver

Wondering how to decipher between the Kernel funds, or which might be most suitable for your goals? We explain it all in our blogs below. 

Choosing investments

Set your kids up for a financially secure future. Teach them the foundations of money and investing all while learning more yourself. 

Kids

An easily complicated topic, we simply explain how tax impacts your investments.

Index Funds

Latest Index Fund Rebalancing: June 2024

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