KERNEL KIWISAVER PLAN
Kernel Nz 50 Esg Tilted 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
0
Exited
0
Grew / Shrank / Held
5 / 4 / 1
Increased weighting
- Contact Energy Ltd5.98% → 7.08% (+1.10 pp)
- The a2 Milk Company Ltd3.44% → 4.48% (+1.04 pp)
- Westpac Banking Corporation (NZ Register)3.98% → 4.78% (+0.80 pp)
- Fonterra Shareholders' Fund3.60% → 4.36% (+0.76 pp)
- Fisher & Paykel Healthcare Corp Ltd10.35% → 10.46% (+0.11 pp)
Decreased weighting
- Spark New Zealand Limited (NZ Registered)7.89% → 6.53% (-1.36 pp)
- Meridian Energy8.60% → 7.90% (-0.70 pp)
- Precinct Properties New Zealand Limited5.94% → 5.82% (-0.12 pp)
- Fletcher Building Ltd (NZ Registry)8.65% → 8.58% (-0.07 pp)
Current top holdings (31 March 2026)
| Asset | Class | Country | % of fund |
|---|---|---|---|
| Fletcher Building Ltd (NZ Registry) | — | — | 8.58% |
| Auckland International Airport | — | — | 7.95% |
| Meridian Energy | — | — | 7.90% |
| Contact Energy Ltd | — | — | 7.08% |
| Spark New Zealand Limited (NZ Registered) | — | — | 6.53% |
| Precinct Properties New Zealand Limited | — | — | 5.82% |
| Westpac Banking Corporation (NZ Register) | — | — | 4.78% |
| The a2 Milk Company Ltd | — | — | 4.48% |
| Fonterra Shareholders' Fund | — | — | 4.36% |
| Fisher & Paykel Healthcare Corp Ltd | — | — | 10.46% |
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.