Skip to main content

Global Green Property

This fund invests in global real estate companies with weighting towards sustainable practices.

0.83%

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

4.12%

Indicative dividend yield as at 31 January 2024

0.25%

Management fee p.a.

Overview

How is this fund different to others?

Using the independent assessment of GRESB, this fund invests in companies owning and operating real estate. This ranges from traditional office and retail to residential providers in the US, Japan and Europe, to more specialised real estate including storage companies, hospital owners and hotels. The sustainability dimension is recognised through overweighting those companies with relatively high GRESB scores and underweighting those with lower or zero scores. This fund tracks the Dow Jones Global Select Green RESI and provides long-term capital growth and income generation.

Holdings

As at January 31, 2024

CompanyCountryIndustryWeight

ProLogis Inc

US

Industrial REITs

10.17%

Equinix REIT Ord

US

Data Center REITs

6.25%

Simon Property Group A

US

Retail REITs

4.62%

Public Storage

US

Self-Storage REITs

3.62%

Digital Realty Trust

US

Data Center REITs

3.47%

Extra Space Storage Inc

US

Self-Storage REITs

2.43%

Logos provided by Clearbit

Performance

  • Range of returns

    -37.73%

    VS

    59.16%

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

  • Growth of $10k

    $10,420

    For the 5 years to 31 January 2024, an investment of $10,000 would be up 4.20%*

  • 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

  • 15.21%

    3 months

  • -0.07%

    1 year

  • 0.83%

    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

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7

Lower Risk

Higher Risk

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

Funds you may be interested in...

Time to give your money a new home?

Open a Kernel account in minutes.

Keep up to date with Kernel

For market updates and the latest news from Kernel, subscribe to our newsletter. Guaranteed goodness, straight to your inbox.


© Copyright 2024 Kernel Wealth Limited

|

Indices provided by: S&P Dow Jones Indices