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Copyright 2019 – Kernel Wealth Limited
Indices provided by:
DESIGNED TO TRACK THE
INDEX
S&P/NZX 20 INDEX
THE NUMBER OF COMPANIES
20
YOU’RE INVESTED IN
ASSET CLASS
NZ SHARES
THE FUND PAYS
QUARTERLY
DISTRIBUTIONS
INVESTMENT MANAGEMENT
0.39%
FEE
About the Fund
Invest in the largest 20 listed companies in New Zealand that are collectively worth over $100 billion. Large and liquid, these companies account for much of the daily trading on the NZX. Holdings include four electricity companies, four transport companies, three real estate companies, two telecom companies and our largest NZ company, Fisher & Paykel Healthcare. While many of the companies are stable, this fund is likely to fluctuate with the world view of New Zealand, including our exchange rate, interest rate and export appeal. About 52% of the companies, by size, are dependent on export and tourism appeal.
Fund Highlights
Range of Returns
The best and worst 12 month return in the 10 years to December 2019*
Growth of $10,000
$21,444
For the 5 years to December 2019, you would be up 114%*
Investment Objective
*These are gross index returns, not including fees or taxes.
Fund Holdings
| Company | Industry | % at 29 Feb 2020 |
|---|---|---|
| Fisher & Paykel Healthcare | Health Care | 15.90% |
| The a2 Milk Co | Consumer Staples | 12.88% |
| Spark | Communication Services | 8.95% |
| Auckland Intl Airport | Industrials | 8.01% |
| Ryman Healthcare | Health Care | 6.80% |
| Meridian Energy | Utilities | 6.23% |
| Contact Energy | Utilities | 5.16% |
| Fletcher Building | Materials | 4.63% |
| Infratil | Utilities | 3.64% |
| Mainfreight | Industrials | 3.41% |
| Mercury NZ | Utilities | 3.22% |
| Chorus | Communication Services | 3.18% |
| EBOS Group | Health Care | 2.92% |
| Goodman Property | Real Estate | 2.76% |
| Kiwi Property Group | Real Estate | 2.44% |
| SkyCity Entertainment | Consumer Discretionary | 2.30% |
| Port of Tauranga | Industrials | 2.20% |
| Precinct Properties | Real Estate | 2.19% |
| Z Energy | Energy | 1.74% |
| Air New Zealand | Industrials | 1.31% |
Fund Returns
| At 29 Feb 2020 | 3 Months | 1 Year | 3 Year | 5 Year | Since inception |
|---|---|---|---|---|---|
| Return | 0.19% | 24.62%** | 18.70%** | 15.10%** | 7.01% |
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.
**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.
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1.
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2.
Deposit your money and choose your first investment
3.
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