Latest Fund Factsheet
Updated: 31.03.2025
S&P Global Clean Energy
Invests in global companies involved in the production or provision of Clean Energy.
7-10 Years
Minimum suggested investment time frame
7.23%
5 year p.a index return as at 31 March 2025
2.69%
Indicative dividend yield as at 31 March 2025
0.45%
Management fee p.a.
Overview
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.
Where is my money?
Take comfort in knowing which companies and locations your money is invested in.
holdings
Fund holdings as at 31 March 2025
| Company | Country | Industry | Weighting |
|---|---|---|---|
Vestas Wind Systems AS (EUR) | DK | Heavy Electrical Equipment | 8.48% |
Iberdrola SA | ES | Electric Utilities | 7.08% |
SSE Plc Ord | GB | Electric Utilities | 6.55% |
Energias de Portugal SA | PT | Electric Utilities | 5.59% |
First Solar Inc | US | Semiconductors | 5.45% |
E.ON SE | DE | Multi-Utilities | 5.37% |
Country weightings
This graph shows the fund allocation according to the countries.
United States (28.8%)
Denmark (13.2%)
Spain (8.9%)
Portugal (7.2%)
Germany (6.8%)
Canada (6.6%)
Great Britain (6.5%)
Other (22.0%)
Sector composition
This graph shows the fund allocation according to the type of industry.
Electric Utilities (36.1%)
Renewable Electricity (19.3%)
Heavy Electrical Equipment (13.7%)
Multi-Utilities (6.6%)
Semiconductor Materials & Equipment (6.0%)
Electrical Components & Equipment (5.9%)
Semiconductors (5.7%)
Other (6.5%)
Country and Sector composition as at 31 March 2025.
Returns
As at 31 March 2025
-0.58%
3 months
-13.74%
1 year
-11.26%
3 years
N/A
5 years
-9.67%
Since inception
Fund returns are after fees and at 0% PIR tax. Returns for periods more than a year are annualised to be per annum (p.a.). See our full performance disclaimer for more details.
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.
1
2
3
4
5
6
7
Lower risk
Higher risk
Performance
Range of Returns
-29.90% vs 22.20%
The lowest and highest 12 month returns, in 5 years as at 31 March 2025*
Growth of 10K
$14,178.88
For the 5 years as at 31 March 2025, an investment of $10,000 would be up 41.79%*
Investment Objective
Growth & Diversification
The fund is designed to provide long-term capital growth and diversification.
*These are the gross benchmark returns, not including fees or taxes.
Related articles
Do ESG and Sustainable Funds Have a Place in an Investment Portfolio?
Find out what exactly sustainable funds entail and how they can fit into an investment portfolio in...
Dean Anderson
17 June 2021
How Can Kernel Funds Fit Together?
Whether you're new to investing or a seasoned pro, now you can build a portfolio of low-cost,...
Stephen Upton
22 September 2023
Getting to know Kernel’s Sustainable Funds
With growing demand for ESG funds both in NZ and globally, we're proud to introduce Kernel's...
Christine Jensen
28 July 2021
Ready to start your
investment journey?
Open a Kernel account in minutes. Start investing in days.
Get started