Funds

Kernel KiwiSaver S&P Kensho Moonshots Innovation Fund

Companies of Concern

From the Fund Provider

  • About this fund

    About this Fund

    The Kernel S&P Kensho Moonshots Innovation Fund invests in highly innovative U.S. Listed companies that produce the products and services shaping our future. And is designed to track the S&P Kensho Moonshots Index (NZD).

    Value $683k NZD
    Period of data report 31st March 2025
    Members 119
    Fund started 11th April 2022
    Total annual fund fees 0.45%
    Total performance based fees 0.0%
    Manager's basic fee 0.45%
    Other management and administration charges 0.0%
    Total other charges 0.0
    Total other charges currency NZD

    Dean Anderson

    Currently: Chief Executive (6 years, 6 months)
    Previously: Smartshares Product Manager, NZX (4 years, 4 months)

    Stephen Upton

    Currently: Chief Operating Officer (5 years, 9 months)
    Previously: Smartshares Chief Operating Officer - NZX (3 years, 6 months)

    Kerry Mcintosh

    Currently: Chairman (5 years, 9 months)
    Previously: Operating Partner, Zino Ventures (current) (7 years, 1 months)

    Vicki Dale

    Currently: Investment Committee Member (2 years, 4 months)
    Previously: Risk and Compliance Manager, Kernel Wealth (current) (3 years, 5 months)

    Rhea Prasad

    Currently: Portfolio Manager (2 years, 4 months)
    Previously: Investment Dealer, Pie Funds (1 years, 3 months)

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 4.37% -14.22%
    2024 16.75% -5.82%

    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 31st March 2025.

  • Investments

    Top 10 Investments

    • Ehang Holdings Adr

      China International Equities

      3.73%
    • Okta Class A Ord

      United States International Equities

      3.38%
    • Eos Energy Enterprises Inc

      United States International Equities

      3.21%
    • Robinhood Markets Inc

      United States International Equities

      3.0%
    • Cyber-Ark Software Ltd/Israel

      Israel International Equities

      2.85%
    • Baidu Inc

      China International Equities

      2.81%
    • Lucid Group Inc

      United States International Equities

      2.72%
    • Couchbase Inc

      United States International Equities

      2.68%
    • Roblox Class A Ord

      United States International Equities

      2.66%
    • Bilibili Ads

      China International Equities

      2.58%
    Type Target Actual
    Cash and Cash Equivalents 0.0% -0.12%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 0.0% 0.0%
    International Equities 100.0% 100.12%
    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 by asset type.

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

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 2025 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.

Issues of Concern

  • 0.0% Animal Cruelty
  • 0.0% Human Rights Violations
  • 0.0% Social Harm
  • 0.0% Fossil Fuels
  • 0.0% Weapons
  • 0.0% Environmental Harm

Companies of Concern

About this Fund

The Kernel S&P Kensho Moonshots Innovation Fund invests in highly innovative U.S. Listed companies that produce the products and services shaping our future. And is designed to track the S&P Kensho Moonshots Index (NZD).

Value $683k NZD
Period of data report 31st March 2025
Members 119
Fund started 11th April 2022
Total annual fund fees 0.45%
Total performance based fees 0.0%
Manager's basic fee 0.45%
Other management and administration charges 0.0%
Total other charges 0.0
Total other charges currency NZD

Dean Anderson

Currently: Chief Executive (6 years, 6 months)
Previously: Smartshares Product Manager, NZX (4 years, 4 months)

Stephen Upton

Currently: Chief Operating Officer (5 years, 9 months)
Previously: Smartshares Chief Operating Officer - NZX (3 years, 6 months)

Kerry Mcintosh

Currently: Chairman (5 years, 9 months)
Previously: Operating Partner, Zino Ventures (current) (7 years, 1 months)

Vicki Dale

Currently: Investment Committee Member (2 years, 4 months)
Previously: Risk and Compliance Manager, Kernel Wealth (current) (3 years, 5 months)

Rhea Prasad

Currently: Portfolio Manager (2 years, 4 months)
Previously: Investment Dealer, Pie Funds (1 years, 3 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

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
2025 4.37% -14.22%
2024 16.75% -5.82%

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 31st March 2025.

Top 10 Investments

  • Ehang Holdings Adr

    China International Equities

    3.73%
  • Okta Class A Ord

    United States International Equities

    3.38%
  • Eos Energy Enterprises Inc

    United States International Equities

    3.21%
  • Robinhood Markets Inc

    United States International Equities

    3.0%
  • Cyber-Ark Software Ltd/Israel

    Israel International Equities

    2.85%
  • Baidu Inc

    China International Equities

    2.81%
  • Lucid Group Inc

    United States International Equities

    2.72%
  • Couchbase Inc

    United States International Equities

    2.68%
  • Roblox Class A Ord

    United States International Equities

    2.66%
  • Bilibili Ads

    China International Equities

    2.58%
Type Target Actual
Cash and Cash Equivalents 0.0% -0.12%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 100.12%
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 by asset type.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.