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Kernel High Growth Fund
A diversified fund made up of over 98% growth assets.
10.48%
5 year p.a. index return as at 31 October 2023
2.81%
Indicative dividend yield as at 31 October 2023
0.25%
Management fee p.a.
Overview
How is this fund different to others?
The High Growth Fund is made up of over 98% growth assets, such as shares and listed property. Globally diversified, the Fund is designed to help Kiwis build long-term wealth while lessening volatility through geographical and sector diversification. This Fund is suitable for an investor with an investment time horizon of at least 5 years.
Holdings
As at October 31, 2023
| Company | Country | Industry | Weight |
|---|---|---|---|
Microsoft Corp | US | Information Technology | 5.31% |
Apple Inc. | US | Information Technology | 5.09% |
Fisher & Paykel Healthcare Corporation Limited | NZ | Health Care | 3.12% |
 Amazon.com Inc | US | Consumer Discretionary | 2.74% |
Auckland Intl Airport Ltd | NZ | Industrials | 2.51% |
Spark New Zealand Ltd | NZ | Communication Services | 2.36% |
Performance
Range of returns
-9.40%
VS
41.34%
The lowest and highest 12 month returns, in 5 years to the end of October 2023*
Growth of $10k
$16,457
For the 5 years to 31 October 2023, an investment of $10,000 would be up 64.57%*
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 October 31, 2023
-6.51%
3 months
5.98%
1 year
10.48%
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.
Documents & Resources
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Indices provided by: S&P Dow Jones Indices