Kernel NZ 20

The NZ 20 Fund delivers long-term capital growth by investing in the twenty largest companies listed on the New Zealand Exchange (NZX).

Designed to track the 
S&P/NZX 20

Index

10 year p.a. return 
to August 2020

16.36%*

The fund pays
distributions

Quarterly

Indicative dividend
yield at 31 July 2020

2.98%

Fund Overview

Invest in the 20 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 June 2020*

$21,525

Growth of $10,000

For the 5 years to June 2020, you would be up 115%*

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.
CompanyIndustry% at 18 September 2020
Fisher & Paykel Healthcare Corp LtdHealth Care14.53%
The a2 Milk Company LtdConsumer Staples13.85%
Spark New Zealand Limited (NZ Registered)Communication Services8.85%
Auckland International AirportIndustrials8.82%
Meridian EnergyUtilities6.25%
Ryman Healthcare LimitedHealth Care5.95%
Contact EnergyUtilities4.69%
Chorus LtdCommunication Services4.26%
MainfreightIndustrials4.09%
InfratilUtilities3.79%
EBOS GroupHealth Care3.35%
Fletcher BuildingMaterials3.28%
Mercury NZUtilities3.22%
Goodman PropertyReal Estate2.72%
Port of TaurangaIndustrials2.40%
SkyCity EntertainmentConsumer Discretionary2.28%
Summerset GroupHealth Care2.08%
Precinct PropertiesReal Estate1.95%
Kiwi Property GroupReal Estate1.70%
Z EnergyEnergy1.49%

Returns

Since Inception

14.57%

3 months

8.58%

1 year 

12.90%

5 years

N/A

p.a

10 years

N/A

p.a

*Returns are after fees as at 31 August 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.

Group 53 (1)

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 

Indices provided by: 

CompanyIndustry% at 18 September 2020
Fisher & Paykel Healthcare Corp LtdHealth Care14.53%
The a2 Milk Company LtdConsumer Staples13.85%
Spark New Zealand Limited (NZ Registered)Communication Services8.85%
Auckland International AirportIndustrials8.82%
Meridian EnergyUtilities6.25%
Ryman Healthcare LimitedHealth Care5.95%
Contact EnergyUtilities4.69%
Chorus LtdCommunication Services4.26%
MainfreightIndustrials4.09%
InfratilUtilities3.79%
EBOS GroupHealth Care3.35%
Fletcher BuildingMaterials3.28%
Mercury NZUtilities3.22%
Goodman PropertyReal Estate2.72%
Port of TaurangaIndustrials2.40%
SkyCity EntertainmentConsumer Discretionary2.28%
Summerset GroupHealth Care2.08%
Precinct PropertiesReal Estate1.95%
Kiwi Property GroupReal Estate1.70%
Z EnergyEnergy1.49%
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