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High Growth

A diversified fund made up of over 98% growth assets.

13.49%

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

2.47%

Indicative dividend yield as at 31 March 2024

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 March 31, 2024

CompanyCountryIndustryWeight

Microsoft Corp

US

Information Technology

5.16%

Nvidia Corp

US

Information Technology

3.98%

Apple Inc.

US

Information Technology

3.95%

Fisher & Paykel Healthcare Corporation Limited

NZ

Health Care

3.49%

Amazon.com Inc

US

Consumer Discretionary

2.96%

Auckland Intl Airport Ltd

NZ

Industrials

2.59%

Logos provided by Clearbit

Performance

  • Range of returns

    -9.55%

    VS

    41.34%

    The lowest and highest 12 month returns, in 5 years as at 31 March 2024*

  • Growth of $10k

    $18,823.76

    For the 5 years as at 31 March 2024, an investment of $10,000 would be up 88.24%*

  • 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 March 31, 2024

  • 9.26%

    3 months

  • 21.41%

    1 year

  • 13.49%

    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: 29.02.2024

Kernel Funds Latest Fund Update

Updated: 31.12.2023

Kernel KiwiSaver Plan Fund Update

Updated: 31.12.2023

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Indices provided by: S&P Dow Jones Indices