Kernel Wealth | S&P Kensho Electric Vehicle Innovation

S&P Kensho Electric Vehicle Innovation

Invest in a diversified mix of global companies involved in the electric vehicles sector and the ecosystems supporting it – energy storage systems, clean fuel technology, charging infrastructure and more.

10.54%

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

1.03%

Indicative dividend yield as at 31 March 2024

0.45%

Management fee p.a.

Overview

How is this fund different to others?

Electric Vehicles (EVs) have been proposed and designed for over 20 years, but in the last year or two the EV performance, ecosystem and consumer adoption seems to have accelerated. With 11 vehicle manufacturers plus 18 companies providing critical EV components and infrastructure, this fund offers well-rounded exposure so you can benefit from the EV movement without picking individual stocks. This high-growth fund is only the 4th electric vehicle index fund in the world and includes the likes of Tesla, NIO, Workhorse Group, Blink Charging Co and Toyota. The fund tracks the S&P Kensho Electric Vehicles Index, which is part of the S&P Kensho New Economy Index Series.

Holdings

As at March 31, 2024

Company	Country	Industry	Weight
Aspen Aerogels Inc	US	Materials	4.25%
General Motors Co	US	Automobile Manufacturers	3.86%
Modine Manufacturing Co	US	Automotive Parts & Equipment	3.70%
Allison Transmission Holdings Inc	US	Construction Machinery & Heavy Transportation Equipment	3.65%
Blue Bird Corporation (Common)	US	Construction Machinery & Heavy Transportation Equipment	3.49%
Cummins Inc	US	Construction Machinery & Heavy Transportation Equipment	3.18%
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Performance

Range of returns
-42.93%
VS
270.43%
The lowest and highest 12 month returns, in 5 years as at 31 March 2024*
Growth of $10k
$16,504.18
For the 5 years as at 31 March 2024, an investment of $10,000 would be up 65.04%*
Investment Objective
Capital Growth
The Fund is designed to focus on capital growth and is a great satellite holding.

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

Returns

As at March 31, 2024

1.74%
3 months
-6.98%
1 year
10.54%
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