Kernel S&P Global Dividend Aristocrats

After a strong, regular distribution payment, look no further than Dividend Aristocrats. This Fund includes global companies that have a record of maintaining a high dividend over a sustained period of time.

Indicative dividend
yield at 30 June 2020

6.51%

5 year p.a. return to
June 2020

0.77%*

The fund pays distributions

Quarterly

Trailing P/E ratio to June 2020

Coming soon

Fund Overview

If you love dividends, pay attention. Dividend Aristocrats are companies which have had increasing or stable dividends for at least the last ten years. With a strong indicative dividend yield, this fund provides global diversification and a passive income stream. These Aristocrats come from all sectors, most prominently from financials, utilities, communication services and real estate. This sector diversity combined with the strong dividend history of constituents gives confidence in the stability of future pay-outs. This Fund tracks the S&P Developed Ex-Korea Dividend Aristocrats Quality Income Index – quite the mouthful. You can find out more info about the index and how companies are selected for inclusion here.

Fund Performance

We believe past performance should not be relied on to make an investment choice, so we strive to provide a range information to assist in making the best choice for your goals.

Range of Returns

The best and the worst 12 month returns in 5 years to June 2020*

$10,390

Growth of $10,000

For the 5 years to June 2020, you would be up 3.90%*

Investment Objective

Fund is designed to focus on income generation and global diversification

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

Holdings

Transparency is key and we think you should know which companies you own within our Fund. There are currently 80 companies in the Fund, spread across 11 sectors & 14 countries. You can find out more about constituent selection here.

CompanyIndustry% at 30 June 2020
AT&T IncCommunication Services2.8%
Universal CorpConsumer Staples2.8%
Dominion Energy IncUtilities2.8%
Janus Henderson Group plcFinancials2.8%
LTC PropertiesReal Estate2.7%
Intl Business Machines CorpInformation Technology2.7%
Schweitzer-MauduitMaterials2.6%
Intl Paper CoMaterials2.5%
Mercury General CorpFinancials2.4%
Exxon Mobil CorpEnergy2.4%
Olin CorpMaterials2.4%
Brandywine Realty TrustReal Estate2.2%
PPL CorpUtilities2.2%
WestRock CoMaterials2.1%
Abercrombie & Fitch Company AConsumer Discretionary2.0%
AGL Energy LtdUtilities2.0%
Domtar CorpMaterials1.9%
H&R Block IncConsumer Discretionary1.8%
People's United Financial IncFinancials1.8%
Umpqua Hldgs CorpFinancials1.7%
Freenet AGCommunication Services1.7%
Redwood Trust IncFinancials1.6%
Prudential Financial IncFinancials1.6%
Northwest Bancshares Inc.Financials1.6%
Japan Tobacco IncConsumer Staples1.6%
Enagas SAUtilities1.4%
IG Group HoldingsFinancials1.3%
TOTAL SAEnergy1.2%
Nokian Tyres PlcConsumer Discretionary1.2%
Red Electrica Corporacion SAUtilities1.2%
Swisscom AG RegCommunication Services1.2%
Canon IncInformation Technology1.1%
SEB-Skand Enskilda Banken AFinancials1.1%
BouyguesIndustrials1.1%
GlaxoSmithKlineHealth Care1.1%
Mitsubishi Chemical Holdings CorpMaterials1.1%
Northland Power Inc.Utilities1.1%
BCE IncCommunication Services1.0%
KlepierreReal Estate1.0%
Sino Land Co. Ltd.Real Estate1.0%
Daito Trust Construction CoReal Estate1.0%
Svenska Handelsbanken AFinancials1.0%
Wharf Real Estate Investment Company LtdReal Estate1.0%
Fortum OyjUtilities0.9%
Bendigo and Adelaide Bank LimitedFinancials0.9%
UPM-Kymmene OyjMaterials0.9%
Hysan Development Co. Ltd.Real Estate0.9%
KomatsuIndustrials0.9%
Emera IncUtilities0.9%
TELUS CorpCommunication Services0.9%
SUBARU CORPORATIONConsumer Discretionary0.9%
Power Assets Holdings LtdUtilities0.8%
Commonwealth Bank AustraliaFinancials0.8%
SmartCentres REITReal Estate0.8%
ComfortDelGro Corp LtdIndustrials0.8%
Shaw Communications Inc BCommunication Services0.8%
Konecranes OyjIndustrials0.8%
Canadian Utilities Ltd A NVUtilities0.8%
Zurich Insurance Group AGFinancials0.8%
TC Energy CorporationEnergy0.8%
CK Infrastructure Holdings LtdUtilities0.7%
Keyera Corp.Energy0.7%
Pembina Pipeline CorporationEnergy0.7%
Legal & General GroupFinancials0.7%
Overseas-Chinese BankingFinancials0.7%
RioCan REITReal Estate0.7%
MS&AD Insurance Group Holdings IncFinancials0.6%
CNP AssurancesFinancials0.6%
Mitsubishi UFJ Financial Group IncFinancials0.6%
Orix CorpFinancials0.6%
SCOR SEFinancials0.6%
Canadian Imperial Bank of CommerceFinancials0.5%
Laurentian Bank of CanadaFinancials0.5%
Bank of Nova Scotia HalifaxFinancials0.5%
Power Corporation of CanadaFinancials0.4%
Great-West Lifeco IncFinancials0.4%
Challenger LimitedFinancials0.4%
Bank of MontrealFinancials0.4%
AGEASFinancials0.4%
Ninety One PlcFinancials0.2%

Returns

Since Inception

N/A

3 months

0.72%

1 year 

-19.48%

3 years

-1.26%

p.a

5 years

0.77%

p.a

*Returns are after fees as at 30 June 2020. See our full performance disclaimer for more details.

Risk and Returns

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. For more information, read the PDS.

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Copyright 2020 – Kernel Wealth Limited 

Indices provided by: 

Our Funds
1 MONTH
YTD
1 YEAR
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The trailing price-to-earnings ratio (P/E ration) is a relative valuation multiple based on the last 12 months of actual earnings. It is calculated by dividing the current stock price by the trailing earnings per share for the previous year. Analysts like the P/E ratio because it shows how many years of current profits you pay for a share. Investors may be willing to pay a higher P/E for a company with strong future profitability prospects or stability. At some point, some companies are simply “overpriced”. Likewise, some firms deserve a lower P/E ratio because they have an unproven track record or future profitability expectations are poor. Some others may be underpriced, representing a great bargain. For a fund, the P/E ratio is a weighted average of the P/E ratios of the underlying companies.

CompanyIndustry% at 30 June 2020
AT&T IncCommunication Services2.8%
Universal CorpConsumer Staples2.8%
Dominion Energy IncUtilities2.8%
Janus Henderson Group plcFinancials2.8%
LTC PropertiesReal Estate2.7%
Intl Business Machines CorpInformation Technology2.7%
Schweitzer-MauduitMaterials2.6%
Intl Paper CoMaterials2.5%
Mercury General CorpFinancials2.4%
Exxon Mobil CorpEnergy2.4%
Olin CorpMaterials2.4%
Brandywine Realty TrustReal Estate2.2%
PPL CorpUtilities2.2%
WestRock CoMaterials2.1%
Abercrombie & Fitch Company AConsumer Discretionary2.0%
AGL Energy LtdUtilities2.0%
Domtar CorpMaterials1.9%
H&R Block IncConsumer Discretionary1.8%
People's United Financial IncFinancials1.8%
Umpqua Hldgs CorpFinancials1.7%
Freenet AGCommunication Services1.7%
Redwood Trust IncFinancials1.6%
Prudential Financial IncFinancials1.6%
Northwest Bancshares Inc.Financials1.6%
Japan Tobacco IncConsumer Staples1.6%
Enagas SAUtilities1.4%
IG Group HoldingsFinancials1.3%
TOTAL SAEnergy1.2%
Nokian Tyres PlcConsumer Discretionary1.2%
Red Electrica Corporacion SAUtilities1.2%
Swisscom AG RegCommunication Services1.2%
Canon IncInformation Technology1.1%
SEB-Skand Enskilda Banken AFinancials1.1%
BouyguesIndustrials1.1%
GlaxoSmithKlineHealth Care1.1%
Mitsubishi Chemical Holdings CorpMaterials1.1%
Northland Power Inc.Utilities1.1%
BCE IncCommunication Services1.0%
KlepierreReal Estate1.0%
Sino Land Co. Ltd.Real Estate1.0%
Daito Trust Construction CoReal Estate1.0%
Svenska Handelsbanken AFinancials1.0%
Wharf Real Estate Investment Company LtdReal Estate1.0%
Fortum OyjUtilities0.9%
Bendigo and Adelaide Bank LimitedFinancials0.9%
UPM-Kymmene OyjMaterials0.9%
Hysan Development Co. Ltd.Real Estate0.9%
KomatsuIndustrials0.9%
Emera IncUtilities0.9%
TELUS CorpCommunication Services0.9%
SUBARU CORPORATIONConsumer Discretionary0.9%
Power Assets Holdings LtdUtilities0.8%
Commonwealth Bank AustraliaFinancials0.8%
SmartCentres REITReal Estate0.8%
ComfortDelGro Corp LtdIndustrials0.8%
Shaw Communications Inc BCommunication Services0.8%
Konecranes OyjIndustrials0.8%
Canadian Utilities Ltd A NVUtilities0.8%
Zurich Insurance Group AGFinancials0.8%
TC Energy CorporationEnergy0.8%
CK Infrastructure Holdings LtdUtilities0.7%
Keyera Corp.Energy0.7%
Pembina Pipeline CorporationEnergy0.7%
Legal & General GroupFinancials0.7%
Overseas-Chinese BankingFinancials0.7%
RioCan REITReal Estate0.7%
MS&AD Insurance Group Holdings IncFinancials0.6%
CNP AssurancesFinancials0.6%
Mitsubishi UFJ Financial Group IncFinancials0.6%
Orix CorpFinancials0.6%
SCOR SEFinancials0.6%
Canadian Imperial Bank of CommerceFinancials0.5%
Laurentian Bank of CanadaFinancials0.5%
Bank of Nova Scotia HalifaxFinancials0.5%
Power Corporation of CanadaFinancials0.4%
Great-West Lifeco IncFinancials0.4%
Challenger LimitedFinancials0.4%
Bank of MontrealFinancials0.4%
AGEASFinancials0.4%
Ninety One PlcFinancials0.2%
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