Skip to main content

S&P 500

Own your piece of 500 US companies listed on the New York or Nasdaq stock exchanges. The S&P 500 is considered a proxy for the U.S. stock market, and this Fund is designed for growth, well-diversified and hedged against currency fluctuations.

15.31%

10 year p.a. index return to March 2022

1.45%

Indicative dividend yield as at March 2022

0.25%

Management fee p.a.

Overview

How is this fund different to others?

This fund provides exposure to the largest household names in the US, with the likes of Amazon, Apple, Walmart included in the fund. Created in 1957, the S&P 500 represents ~50% of the US stock market by value. Companies must be profitable, each have a valuation of at least USD $13 Billion and be listed on Nasdaq or New York stock exchanges to be included in the index. In other words, these are large and stable companies. Unlike other US based or unhedged versions, Kernel’s S&P 500 Fund is hedged to the NZ dollar. This means an investor can expect a return closer to that published in media, without gaining or losing when converting back to New Zealand. This fund tracks the S&P 500 Dynamic Hedged Index and provides diversification as well as long-term capital growth.

Performance

  • Range of returns

    -9.21%

    VS

    54.77%

    The best and the worst 12 month returns in 5 years to end of March 2022*

  • Growth of $10k

    20,176

    For the 5 years to March 2022, an investment of $10,000 would be up 101.76%*

  • Investment Objective

    Growth & Diversification

    The fund is designed to provide long-term capital growth and diversification.

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

Returns

As at April 30, 2022

  • -4.67%

    3 months

  • 15.21%

    1 year

  • 15.07%

    5 years

  • 15.31%

    10 years

Index returns are total returns gross of imputation credits where applicable, not including fees or taxes. All yearly returns are annualised.

Risk

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.

Potentially Lower Returns

Potentially Higher Returns

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5
  6. 6
  7. 7

Lower Risk

Higher Risk

Documents & Resources

Latest Fund FactSheet

Updated: 30.04.2022

Funds you may be interested in...

Global 100

Own your piece of 100 blue chip companies across major equity markets. The biggest household names, ...

Start investing for a better tomorrow, today.

If you’d like to talk to a human, call us on 0800 537 635 during 9 am - 5 pm weekdays.

Keep up to date with Kernel

For market updates and the latest news from Kernel, subscribe to our newsletter. Guaranteed goodness, straight to your inbox.


© Copyright 2022 Kernel Wealth Limited

Indices provided by: S&P Dow Jones Indices