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Kernel NZ 20
The NZ 20 Fund delivers long-term capital growth by investing in twenty of the largest companies listed on the New Zealand Exchange (NZX).
Designed to track the
S&P/NZX 20
Index
10 year p.a. return
to October 2020
15.46%*
The fund pays
distributions
Quarterly
Indicative dividend
yield at 31 October 2020
2.27%
Fund Overview
Invest in 20 of the largest listed blue-chip companies in New Zealand that are collectively worth over $100 billion. The fund provides broad diversification across a range of sectors including utilities, real estate, telecommunication and healthcare. Large and liquid, these companies account for much of the daily trading on the NZX and their competitive positioning means these companies have been more resilient to market declines. This fund is likely to fluctuate with the world view of New Zealand, including our exchange rate, interest rate and export appeal.
Fund Performance
We believe past performance should not be relied on to make an investment choice, so we strive to provide a range information to assist in making the best choice for your goals.
Range of Returns
The best and the worst 12 month returns in the 10 years to September 2020*
$21,423
Growth of $10,000
For the 5 years to October 2020, you would be up 114.23%*
Investment Objective
The fund is designed to provide capital growth and income generation.
*These are the gross index returns, not including fees or taxes.
Holdings
Transparency is key and we think you should know which companies you own within our Fund. You can find out more about constituent selection here.
| Company | Industry | % at 31 October 2020 |
|---|---|---|
| Fisher & Paykel Healthcare Corp Ltd | Health Care | 15.35% |
| The a2 Milk Company Ltd | Consumer Staples | 11.15% |
| Auckland International Airport | Industrials | 8.67% |
| Spark New Zealand Limited (NZ Registered) | Communication Services | 8.46% |
| Meridian Energy | Utilities | 6.83% |
| Ryman Healthcare Limited | Health Care | 5.96% |
| Contact Energy | Utilities | 5.44% |
| Mainfreight | Industrials | 4.68% |
| Infratil | Utilities | 4.02% |
| Chorus Ltd | Communication Services | 3.84% |
| EBOS Group | Health Care | 3.49% |
| Fletcher Building | Materials | 3.47% |
| Mercury NZ | Utilities | 3.44% |
| Goodman Property | Real Estate | 2.80% |
| Summerset Group | Health Care | 2.43% |
| Port of Tauranga | Industrials | 2.32% |
| SkyCity Entertainment | Consumer Discretionary | 2.18% |
| Kiwi Property Group | Real Estate | 1.98% |
| Precinct Properties | Real Estate | 1.96% |
| Z Energy | Energy | 1.51% |
Returns
Fund Returns
Index Returns
Since Inception
15.20%
3 months
1.63%
1 year
14.08%
5 years
N/A
p.a
10 years
N/A
p.a
*Returns are after fees as at 31 October 2020. See our full performance disclaimer for more details.
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 our monthly fact sheet or most recent Fund Update.
Ready to invest in the NZ 20 Fund?
You may also call us on 0800 537 635 during 9am-5pm weekdays.
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Copyright 2020 – Kernel Wealth Limited
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