Funds
Kernel KiwiSaver NZ Small & Mid Cap Opportunities Fund
Fund type: Aggressive fund
Past Returns: *-10.76%Annual Fees: 0.25%
Issues of concern
The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
This data is compiled by Mindful Money from the fund information and portfolios
that each KiwiSaver fund has
filed with the Disclose register to 31st March 2024 and Mindful Money
analysis of funds within those portfolios. The list of companies of concern has
been drawn from ratings agencies and public sources, including the Norwegian
Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
About this fund
In their own words
The fund is passively managed and invests in NZX listed financial products whose normal free-float market capitalisation is between $75 million and $1.25 billion and who are outside of the S&P/NZX 20 Index
| Value | $223k NZD |
| Period of data report | 30th June 2024 |
| Members | 47 |
| Fund started | 11th April 2022 |
| Total annual fund fees | 0.25% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.25% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Dean Anderson |
Currently: Chief Executive (5 years, 9 months) |
|
Stephen Upton |
Currently: Chief Operating Officer (5 years, 0 months) |
|
Kerry Mcintosh |
Currently: Director (5 years, 0 months) |
|
Paul Hocking |
Currently: Director (5 years, 0 months) |
|
Rhea Prasad |
Currently: Portfolio Manager (1 years, 7 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.
Past Returns
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2024 | 14.19% | 0.78% |
The market average is the average return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.
Top 10 Investments
-
Gentrack Ltd (NZ Register)
New Zealand Australasian Equities8.29% -
Argosy Property Ltd
New Zealand Australasian Equities7.42% -
Heartland Group Holdings Limited
New Zealand Australasian Equities6.81% -
Skellerup Holdings Ltd
New Zealand Australasian Equities6.33% -
Arvida Group Limited
New Zealand Australasian Equities5.84% -
Stride Property Limited
New Zealand Australasian Equities5.72% -
Vista Group International Limited
New Zealand Australasian Equities4.62% -
Vulcan Steel Ord (NZ Registry)
New Zealand Australasian Equities3.86% -
Fonterra Shareholders' Fund
New Zealand Australasian Equities3.77% -
Scales Corporation Limited
New Zealand Australasian Equities3.74%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 0.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 100.0% | 100.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.