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S&P Kensho Moonshots Innovation

Own your share of 50 of the most innovative US-listed companies at the forefront of disruptive themes changing our tomorrow, e.g. Virgin Galactic Holdings, iRobot, Microvision and more.

0.52%

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?

Be like a venture capitalist and diversify your portfolio by investing in disruptive ideas and innovations that will shape our lives today and in the future. This fund is comprised of 50 US-listed companies, headquartered globally, with the highest Early-Stage Composite Innovation Score as assessed by the AI smarts of Kensho. The fund provides exposure to 17 disruptive sectors such as smart grids, cleantech, cyber security and space exploration; these are the Moonshots. Market capitalisation and liquidity are key criteria for index selection; with minimum company size being $100M. These international high-growth companies are a mix of ground breaking start-ups and established innovative corporates each with the possibility for exponential potential.

Holdings

As at January 31, 2024

CompanyCountryIndustryWeight

Avidity Biosciences Ord

US

Biotechnology

3.51%

Rumble Inc Class A

US

Interactive Media & Services

3.39%

Allogene Therapeutics Inc

US

Biotechnology

3.13%

Recursion Pharmaceuticals Inc Class A

US

Biotechnology

2.88%

Couchbase Inc

US

Internet Services & Infrastructure

2.85%

Aurora Innovation Class A Ord

US

Application Software

2.75%

Logos provided by Clearbit

Performance

  • Range of returns

    -62.67%

    VS

    242.81%

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

  • Growth of $10k

    $10,260

    For the 5 years to 31 January 2024, an investment of $10,000 would be up 2.60%*

  • 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 January 31, 2024

  • 3.54%

    3 months

  • -20.62%

    1 year

  • 0.52%

    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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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

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© Copyright 2024 Kernel Wealth Limited

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Indices provided by: S&P Dow Jones Indices