The Kernel March 2027 Bond Fund is designed to invest in New Zealand interest-bearing assets and to terminate and fully distribute on or around 15 March 2027 as the Fund Maturity Date. The Kernel March 2027 Bond Fund aims to achieve a return comparable to a S&P (or equivalent rating agency) A-rated investment grade corporate bond maturing near the fund’s Fund
| Value | $655k NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 7th March 2024 |
| Total annual fund fees | 0.5% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.5% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Dean Anderson |
Currently: Chief Executive (6 years, 3 months)
|
|
Stephen Upton |
Currently: Chief Operating Officer (5 years, 6 months)
|
|
Kerry Mcintosh |
Currently: Chairman (5 years, 6 months)
|
|
Vicki Dale |
Currently: Investment Committee Member (2 years, 1 months)
|
|
Matthew Winton |
Currently: Portfolio Manager (2 years, 7 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|
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 fund has filed with Disclose register to 31st Dec. 2024.
Southland Building Society 4.32% 18/03/2027
New Zealand NZ Fixed Interest BBB+
Bank Of China Deposit
New Zealand Cash and Equivalents
Gmt 4.74% 14/04/2027
New Zealand NZ Fixed Interest BBB+
ANZ 5.22% 16/02/2028
New Zealand NZ Fixed Interest A
Gmt 3.656% 20/12/2027
New Zealand NZ Fixed Interest BBB+
Christchurch City Holdings 5.043% 06/04/2028
New Zealand NZ Fixed Interest AA
Kiwi Property Group 2.85% 19/07/2028
New Zealand NZ Fixed Interest BBB+
Wellington Intl Airport 4.00% 01/04/2030
New Zealand NZ Fixed Interest BBB
Nzgs 1.50% 15/05/2031
New Zealand NZ Fixed Interest AAA
Nzgs 4.25% 15/05/2036
New Zealand NZ Fixed Interest AAA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 19.09% |
| New Zealand Fixed Interest | 100.0% | 80.9% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| 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% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
This data is compiled by Mindful Money from the fund information and portfolios
that each
fund has
filed with the Disclose register to 30th Sept. 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.
The Kernel March 2027 Bond Fund is designed to invest in New Zealand interest-bearing assets and to terminate and fully distribute on or around 15 March 2027 as the Fund Maturity Date. The Kernel March 2027 Bond Fund aims to achieve a return comparable to a S&P (or equivalent rating agency) A-rated investment grade corporate bond maturing near the fund’s Fund
| Value | $655k NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 7th March 2024 |
| Total annual fund fees | 0.5% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.5% |
| Other management and administration charges | 0.0% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Dean Anderson |
Currently: Chief Executive (6 years, 3 months)
|
|
Stephen Upton |
Currently: Chief Operating Officer (5 years, 6 months)
|
|
Kerry Mcintosh |
Currently: Chairman (5 years, 6 months)
|
|
Vicki Dale |
Currently: Investment Committee Member (2 years, 1 months)
|
|
Matthew Winton |
Currently: Portfolio Manager (2 years, 7 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 |
|---|
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 fund has filed with Disclose register to 31st Dec. 2024.
Southland Building Society 4.32% 18/03/2027
New Zealand NZ Fixed Interest BBB+
Bank Of China Deposit
New Zealand Cash and Equivalents
Gmt 4.74% 14/04/2027
New Zealand NZ Fixed Interest BBB+
ANZ 5.22% 16/02/2028
New Zealand NZ Fixed Interest A
Gmt 3.656% 20/12/2027
New Zealand NZ Fixed Interest BBB+
Christchurch City Holdings 5.043% 06/04/2028
New Zealand NZ Fixed Interest AA
Kiwi Property Group 2.85% 19/07/2028
New Zealand NZ Fixed Interest BBB+
Wellington Intl Airport 4.00% 01/04/2030
New Zealand NZ Fixed Interest BBB
Nzgs 1.50% 15/05/2031
New Zealand NZ Fixed Interest AAA
Nzgs 4.25% 15/05/2036
New Zealand NZ Fixed Interest AAA
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 0.0% | 19.09% |
| New Zealand Fixed Interest | 100.0% | 80.9% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| 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% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
