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.

We’ve been busy working behind the scenes to bring you a new on-call savings account: Kernel’s Smart Saver.

Launching in April, this account offers flexibility, security and a great interest rate for those of you saving for short-term goals. Need somewhere to park your emergency fund? We've got you covered!

Here’s what you have to look forward to:

Increased flexibility – withdraw funds within 2 business days

Security – your money will be held with a NZ registered bank, with an investment grade credit rating

There will be no fees associated with a Smart Saver account, so you can deposit and withdraw with no associated costs.

Sound like a bit of you? Join our waitlist below! 

Want to know a little more about the Smart Saver account? Check out a couple of FAQs below.

Smart Saver will be free with any Kernel account; that’s right, there are no transaction or account fees.

Kernel earns a small commission from our banking partners. You can 

Kernel is a regulated entity. We hold an MIS license, FSP registration and are a licensed KiwiSaver provider.

Smart Saver money is held by Kernel’s custodian, Adminis, and with a NZ registered, RBNZ regulated, investment grade credit rated bank. An ‘investment grade’ bank means the bank has a credit rating of BBB or above.

While bank defaults are possible, capital adequacy requirements make this very unlikely.

Is Smart Saver a Portfolio Investment Entity (PIE)?

Smart Saver is not a Portfolio Investment Entity (

) investment. Any interest earned on the account will be charged at your Resident Withholding Tax (

Save

We're launching a new on-call savings account: Kernel Smart Saver account. Join the waitlist now! 

We're launching a new on-call savings account: Kernel Smart Saver. Join the waitlist now! 