KERNEL KIWISAVER PLAN
Kernel High Growth 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.
Comparing
7 September 2025 → 31 March 2026
Entered
4
Exited
4
Grew / Shrank / Held
1 / 5 / 0
Entered the top 10
- SPDR Portfolio Emerging Markets ETF7.13% of fund
- Fisher & Paykel Healthcare Corp Ord2.68% of fund
- Alphabet Inc Class A2.00% of fund
- Broadcom Inc1.75% of fund
Exited the top 10
- FISHER & PAYKEL HEALTHCARE CORP LTDShareswas 3.48%
- ALPHABETShareswas 2.82%
- MERIDIAN ENERGYShareswas 1.71%
- EBOSShareswas 1.69%
Increased weighting
- Apple Inc4.26% → 4.45% (+0.19 pp)
Decreased weighting
- Microsoft5.08% → 3.29% (-1.79 pp)
- Auckland International Airport2.98% → 2.33% (-0.65 pp)
- Infratil Limited2.31% → 1.98% (-0.33 pp)
- Nvidia Ord5.30% → 5.07% (-0.23 pp)
- Amazon.com Inc2.65% → 2.43% (-0.22 pp)
Current top holdings (31 March 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| SPDR Portfolio Emerging Markets ETF | — | — | 7.13% |
| Nvidia Ord | — | — | 5.07% |
| Apple Inc | — | — | 4.45% |
| Microsoft | — | — | 3.29% |
| Fisher & Paykel Healthcare Corp Ord | — | — | 2.68% |
| Amazon.com Inc | — | — | 2.43% |
| Auckland International Airport | — | — | 2.33% |
| Alphabet Inc Class A | — | — | 2.00% |
| Infratil Limited | — | — | 1.98% |
| Broadcom Inc | — | — | 1.75% |
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.