NZ Level 9

Own a share of smaller New Zealand companies listed on the NZX

DESIGNED TO TRACK THE 

INDEX

S&P/NZX EMERGING OPPORTUNITIES

THE NUMBER OF COMPANIES

39

YOU’RE INVESTED IN 

ASSET CLASS

NZ SHARES

THE FUND PAYS 

QUARTERLY

DISTRIBUTIONS

INVESTMENT MANAGEMENT

0.39%

FEE

About the Fund

The NZ Level 9 Fund invests into NZX-listed companies which normally have a market capitalisation of between $100 million and $1 billion and are part of the S&P/NZX Emerging Opportunities Index. The Fund is diversified into 39 companies across many sectors and well-known NZ brands including Heartland Bank, Synlait and Pushpay. It is likely to fluctuate in line with the general business cycle. Its high allocation to the real estate sector (~28%) also provides a solid income stream. The Level 9 Fund is the first index fund that allows investment into 16 companies beyond the S&P/NZX 50, and includes Briscoes, Hallenstein Glassons and Delegat.  

Fund Highlights

Range of Returns

The best and worst 12 month return in the 5 years to October 2019*

Growth of $10,000

$17,027

For the 5 years to October 2019, you would be up (70%)*

Investment Objective
Capital Growth
Capital Growth
69440
Diversification

Fund Holdings

CompanyIndustry% at 30 Nov 2019
Property for Industry Real Estate
6.64%
Argosy Property
Real Estate
6.62%
MetlifecareHealth Care
5.66%
Vital Healthcare
Real Estate
5.15%
Heartland Group HoldingsFinancials
5.00%
Arvida GroupHealth Care
4.98%
Stride Property
Real Estate
4.63%
Pushpay HoldingsInformation Technology
4.29%
Synlait Milk Consumer Staples
4.16%
Kathmandu HoldingsConsumer Discretionary
3.94%
Vista Group International
Information Technology
3.59%
Scales CorporationConsumer Staples
3.55%
Sanford Consumer Staples
2.91%
Skellerup HoldingsIndustrials2.43%
Fonterra Shareholders Fund Consumer Staples
2.34%
Tourism HoldingsIndustrials
2.26%
Oceania Healthcare Health Care2.17%
Investore PropertyReal Estate2.13%
Restaurant Brands Consumer Discretionary
2.11%
New Zealand Refining CoEnergy2.01%
Serko
Information Technology
1.91%
NZXFinancials
1.90%
Sky Network Television
Communication Services
1.87%
Napier Port HoldingsIndustrials1.73%
Hallenstein GlassonConsumer Discretionary
1.71%
Gentrack GroupInformation Technology
1.66%
Delegat GroupConsumer Staples
1.56%
Tower Financials
1.46%
Tilt RenewablesUtilities
1.30%
The Warehouse GroupConsumer Discretionary
1.28%
Briscoe GroupConsumer Discretionary
1.08%
EROAD LtdInformation Technology
0.97%
Turners Automotive Consumer Discretionary
0.93%
Abano Healthcare Health Care
0.80%
New Zealand King Salmon Consumer Staples
0.73%
Seeka Consumer Staples
0.70%
Steel & Tube Materials0.65%
Comvita
Consumer Staples
0.61%
PGG Wrightson
Consumer Staples0.58%
View All Holdings

Fund Returns

At 30 Nov 20193 Months1 Year3 Year5 YearSince inception
Return5.97%10.16%**9.09%**11.51%**5.09%

Returns Disclaimer: Investor returns are calculated on unit price movement, assuming distributions are reinvested and after fees, but before your applicable PIE tax. Fund inception date is 28 Aug 2019. 

*These are gross index returns, not including fees or taxes. **Gross index return figures, not including fees or taxes, have been used for time periods where the fund has not been in existence. All yearly returns are annualised.

Risk and Returns

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. For more information, read the Fund Update and PDS.

Risk Indicator 4

Start investing today.

1.

Answer a few questions to open your account in under 5 minutes

2.

Deposit your money and choose your first investment

3.

Starting building your personalised wealth portfolio

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Copyright 2019 – Kernel Wealth Limited 

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