KERNEL KIWISAVER PLAN
Kernel Global Property (Nzd Hedged) Fund — holdings changes
Top-10 portfolio holdings extracted from each FMA-mandated Quarterly Fund Update. The diff below shows what entered, exited, grew, or shrank between the two most recent quarters on file.
Entered the top 10
- Extra Space Storage Inc2.23% of fund
Exited the top 10
- AVALONBAY COMMUNITIES INCPropertywas 3.19%
Increased weighting
- ProLogis Inc7.58% → 9.29% (+1.71 pp)
- Welltower Inc5.77% → 7.30% (+1.53 pp)
- Simon Property Group A4.61% → 6.09% (+1.48 pp)
- Equinix REIT Ord2.29% → 3.65% (+1.36 pp)
- Public Storage5.19% → 6.44% (+1.25 pp)
- Ventas Inc3.99% → 5.22% (+1.23 pp)
- Mitsui Fudosan Co2.31% → 2.51% (+0.20 pp)
Decreased weighting
- Digital Realty Trust6.43% → 2.17% (-4.26 pp)
- Essex Property Trust2.39% → 2.03% (-0.36 pp)
Current top holdings (31 March 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| ProLogis Inc | — | — | 9.29% |
| Welltower Inc | — | — | 7.30% |
| Public Storage | — | — | 6.44% |
| Simon Property Group A | — | — | 6.09% |
| Ventas Inc | — | — | 5.22% |
| Equinix REIT Ord | — | — | 3.65% |
| Mitsui Fudosan Co | — | — | 2.51% |
| Extra Space Storage Inc | — | — | 2.23% |
| Digital Realty Trust | — | — | 2.17% |
| Essex Property Trust | — | — | 2.03% |
Data sources
- FMA Disclose register — Quarterly Fund Updates
- Provider websites — issuer-published QFU PDFs
Top-10 holdings are a snapshot only; funds may hold many more positions outside the top-10. General information only — not financial advice.
Compare every fund on the FMA Disclose register. Refreshed quarterly. Independent — FundCompare is not a Financial Advice Provider; general information only.
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