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

40

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 40 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 18 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 December 2019*

Growth of $10,000

$17,770

For the 5 years to December 2019, you would be up (77%)*

Investment Objective
Capital Growth
Capital Growth
69440
Diversification

*

Fund Holdings

CompanyIndustry% at 31 Dec 2019
Property for Industry Real Estate
6.53%
MetlifecareHealth Care
6.18%
Argosy Property
Real Estate
6.13%
Arvida GroupHealth Care
5.58%
Heartland Group HoldingsFinancials
5.22%
Vital Healthcare
Real Estate
5.20%
Stride Property
Real Estate
4.63%
Kathmandu HoldingsConsumer Discretionary
4.28%
Pushpay HoldingsInformation Technology
4.28%
Synlait Milk Consumer Staples
3.76%
Scales CorporationConsumer Staples
3.24%
Vista Group International
Information Technology
3.22%
Sanford Consumer Staples
2.87%
Oceania Healthcare Health Care2.50%
Skellerup HoldingsIndustrials2.38%
Restaurant Brands Consumer Discretionary
2.34%
Investore PropertyReal Estate2.32%
Tourism HoldingsIndustrials
2.27%
Fonterra Shareholders Fund Consumer Staples
2.21%
NZXFinancials
2.01%
Napier Port HoldingsIndustrials2.01%
Serko
Information Technology
1.81%
New Zealand Refining CoEnergy1.80%
Delegat GroupConsumer Staples
1.55%
Hallenstein GlassonConsumer Discretionary
1.55%
Sky Network Television
Communication Services
1.48%
Gentrack GroupInformation Technology
1.47%
Tower Financials
1.31%
Tilt RenewablesUtilities
1.22%
The Warehouse GroupConsumer Discretionary
1.20%
Briscoe GroupConsumer Discretionary
1.06%
Turners Automotive Consumer Discretionary
0.94%
EROAD LtdInformation Technology
0.91%
Abano Healthcare Health Care
0.73%
New Zealand King Salmon Consumer Staples
0.65%
Seeka Consumer Staples
0.65%
Comvita
Consumer Staples
0.63%
Steel & Tube Materials0.59%
Augusta CapitalReal Estate0.59%
PGG Wrightson
Consumer Staples0.54%
View All Holdings

Fund Returns

At 31 Dec 20193 Months1 Year3 Year5 YearSince inception
Return6.99%17.99%**10.84%**12.19%**10.02%

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 

Indices provided by: 

Our Funds
1 MONTH
YTD
1 YEAR
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