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

5 year p.a. return 
to December 2020

17.44%*

The fund pays
distributions

Quarterly

Indicative dividend
yield at 31 December 2020

1.93%

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 of 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*

$22,340

Growth of $10,000

For the 5 years to December 2020, you would be up 123.40%*

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% as at 31 December 2020
Fisher & Paykel HealthcareHealth Care15.22%
Meridian EnergyUtilities8.59%
Auckland International AirportIndustrials8.44%
The a2 Milk CompanyConsumer Staples8.26%
SparkCommunication Services8.02%
Contact EnergyUtilities5.90%
Ryman HealthcareHealth Care5.81%
MainfreightIndustrials5.42%
InfratilUtilities4.86%
Fletcher BuildingMaterials4.48%
Mercury NZUtilities3.77%
EBOS GroupHealth Care3.52%
ChorusCommunication Services3.26%
Summerset GroupHealth Care2.65%
Goodman PropertyReal Estate2.36%
SkyCity EntertainmentConsumer Discretionary2.25%
Port of TaurangaIndustrials2.13%
Kiwi Property GroupReal Estate1.76%
Precinct PropertiesReal Estate1.75%
Z EnergyEnergy1.53%
Cash & Cash EquivalentsCash0.02%

Returns

Since Inception

25.18%

3 months

11.48%

1 year 

16.38%

5 years

N/A

p.a

10 years

N/A

p.a

*Returns are after fees as at 31 December 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% as at 31 December 2020
Fisher & Paykel HealthcareHealth Care15.22%
Meridian EnergyUtilities8.59%
Auckland International AirportIndustrials8.44%
The a2 Milk CompanyConsumer Staples8.26%
SparkCommunication Services8.02%
Contact EnergyUtilities5.90%
Ryman HealthcareHealth Care5.81%
MainfreightIndustrials5.42%
InfratilUtilities4.86%
Fletcher BuildingMaterials4.48%
Mercury NZUtilities3.77%
EBOS GroupHealth Care3.52%
ChorusCommunication Services3.26%
Summerset GroupHealth Care2.65%
Goodman PropertyReal Estate2.36%
SkyCity EntertainmentConsumer Discretionary2.25%
Port of TaurangaIndustrials2.13%
Kiwi Property GroupReal Estate1.76%
Precinct PropertiesReal Estate1.75%
Z EnergyEnergy1.53%
Cash & Cash EquivalentsCash0.02%

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