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S&P Global Clean Energy

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

13.78%

5 year p.a. index return as at 31 January 2024

0.45%

Management fee p.a.

Overview

How is this fund different to others?

Join the growing worldwide trend toward renewable energy by investing in this fund, tracking the S&P Global Clean Energy Index. This fund invests in up to 100 companies with significant or total clean energy exposure and low carbon-to-revenue footprints according to independent assessors Trucost. To be eligible for inclusion, companies must be involved in the production of Clean Energy or provision of Clean Energy Technology & Equipment. Designed to focus on capital growth, the fund is a great satellite holding as part of a core satellite strategy.

Holdings

As at January 31, 2024

CompanyCountryIndustryWeight

Vestas Wind Systems AS (EUR)

DK

Heavy Electrical Equipment

8.19%

First Solar Inc

US

Semiconductors

7.69%

Enphase Energy Inc

US

Semiconductor Materials & Equipment

7.55%

Chubu Electric Power Co Inc

JP

Electric Utilities

4.91%

Energias de Portugal SA

PT

Electric Utilities

4.78%

Orsted (EUR)

DK

Electric Utilities

4.42%

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Performance

  • Range of returns

    -39.83%

    VS

    155.89%

    The lowest and highest 12 month returns, in 5 years to the end of January 2024*

  • Growth of $10k

    $19,072

    For the 5 years to 31 January 2024, an investment of $10,000 would be up 90.72%*

  • Investment Objective

    Growth & Diversification

    The fund is designed to provide long-term capital growth and diversification.

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

Returns

As at January 31, 2024

  • 3.83%

    3 months

  • -23.29%

    1 year

  • 13.78%

    5 years

  • N/A

    10 years

Index returns are total returns gross of imputation credits where applicable, not including fees or taxes. All yearly returns are annualised.

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.

Potentially Lower Returns

Potentially Higher Returns

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Documents & Resources

Latest Fund Factsheet

Updated: 31.01.2024

Kernel Funds Latest Fund Update

Updated: 31.12.2023

Kernel KiwiSaver Plan Fund Update

Updated: 31.12.2023

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Indices provided by: S&P Dow Jones Indices