Skip to main content

World ex-US (NZD-Hedged)

Gain broad exposure to global developed markets, excluding the United States, with currency movements hedged to the New Zealand dollar.

5-10 Years

Minimum suggested investment time frame

13.30%

5 year p.a index return as at 31 July 2025

2.91%

Indicative dividend yield as at 31 July 2025

0.25%

Management fee p.a.


Overview

This fund invests in companies across the global developed market, excluding US-listed companies, giving investors diversified exposure to 23 major economies like Japan, the UK, Canada, and Europe. It’s ideal for those seeking global equity without the US concentration risk common in traditional global funds.

The hedging of currency means an investor receives the changes in value of underlying companies while minimising the changing strength of the New Zealand dollar, or gaining or losing when converting back to New Zealand.

  • Index Tracking: Follows the S&P World Ex-U.S. Index.

  • Portfolio Fit: Suitable as a core holding

  • Sector Exposure: Broad access to all sectors

Invest from 12pm, Tuesday 12 August
The ‘Buy’ button in your dashboard will appear after 12 pm Tuesday (5-day stand-down, this is an FMA regulation). First trades process Wednesday, 13 August

Where is my money?

Take comfort in knowing which companies and locations your money is invested in.

holdings

Fund holdings as at 31 July 2025

CompanyCountryIndustryWeighting

Coming Soon

-

100.00%

Logos provided by Clearbit

Returns

As at 31 July 2025

N/A

3 months

N/A

1 year

N/A

3 years

N/A

5 years

N/A

Since inception

Fund returns are after fees and at 0% PIR tax. Returns for periods more than a year are annualised to be per annum (p.a.). See our full performance disclaimer for more details.

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.

1

2

3

4

5

6

7

Lower risk

Higher risk

Performance

Range of Returns

-11.21%
vs
29.72%

The lowest and highest 12 month returns, in 5 years as at 31 July 2025¹

Growth of 10K

$14,607.69

For the 5 years as at 31 July 2025, an investment of $10,000 would be up 46.08%¹

Investment Objective

Growth & Diversification

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

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

Documents

Coming Soon

Related articles

Ready to start your
investment journey?

Open a Kernel account in minutes. Start investing in days.

Get started

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 2025 Kernel Wealth Limited

|

Indices provided by: S&P Dow Jones Indices

  1. These are the gross index returns of the Local currency level of the parent S&P World ex US as a reasonable proxy prior to the NZD Hedged methodology launch, not including fees or taxes.