NZ 20 Fund

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

5 year return to
April 2020

14.61%*

The fund pays
distributions

Quarterly

Investment Management
Fee

0.39%

Fund Overview

Invest in the 20 largest 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.

NZ 20 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 April 2020*

$19,775

Growth of $10,000

For the 5 years to April 2020, you would be up 97.75%*

Investment Objective

The fund is designed to provide capital growth and income generation

*These are the gross index returns, not including fees or taxes.

Fund 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 30 April 2020
Fisher & Paykel HealthcareHealth Care17.57%
The a2 Milk CoConsumer Staples16.13%
SparkCommunication Services9.11%
Meridian EnergyUtilities6.30%
Ryman HealthcareHealth Care5.61%
Auckland Intl AirportIndustrials5.33%
Contact Energy Utilities5.04%
ChorusCommunication Services3.53%
MainfreightIndustrials3.45%
Fletcher BuildingMaterials3.43%
InfratilUtilities3.39%
Mercury NZUtilities3.19%
EBOS GroupHealth Care2.89%
Goodman PropertyReal Estate2.79%
Port of TaurangaIndustrials2.35%
SkyCity EntertainmentConsumer Discretionary1.98%
Precinct PropertiesReal Estate1.91%
Kiwi Property GroupReal Estate1.69%
Z EnergyEnergy1.38%
Air New ZealandIndustrials0.81%
Cash & Cash Equivalents2.10%

Fund Returns

Since Inception

3.03%

3 months

-6.59%

1 year 

N/A

3 years

N/A

p.a

5 years

N/A

p.a

*Returns are after fees as at 30 April 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 2019 – Kernel Wealth Limited 

Indices provided by: 

Our Funds
1 MONTH
YTD
1 YEAR
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Company Industry% at 30 April 2020
Fisher & Paykel HealthcareHealth Care17.57%
The a2 Milk CoConsumer Staples16.13%
SparkCommunication Services9.11%
Meridian EnergyUtilities6.30%
Ryman HealthcareHealth Care5.61%
Auckland Intl AirportIndustrials5.33%
Contact Energy Utilities5.04%
ChorusCommunication Services3.53%
MainfreightIndustrials3.45%
Fletcher BuildingMaterials3.43%
InfratilUtilities3.39%
Mercury NZUtilities3.19%
EBOS GroupHealth Care2.89%
Goodman PropertyReal Estate2.79%
Port of TaurangaIndustrials2.35%
SkyCity EntertainmentConsumer Discretionary1.98%
Precinct PropertiesReal Estate1.91%
Kiwi Property GroupReal Estate1.69%
Z EnergyEnergy1.38%
Air New ZealandIndustrials0.81%
Cash & Cash Equivalents2.10%