Fund manager
Kernel Wealth Limited
Kernel Wealth Limited manages 15 KiwiSaver scheme funds across 1 scheme, with combined assets of $2.99B.
Identifiers
- Manager type
- NZ Limited Company
- FSPR registration
- FSP FSP644609 · verify on FSPR ↗
- NZBN
- 9429047045989 · verify on NZBN ↗
- Average annual fee across managed funds
- 0.28%
Kernel — 15 funds
| Fund | Type | Annual fee | 5y avg return | Fund size |
|---|---|---|---|---|
| Kernel NZ Small & Mid Cap Opportunities Fund | Aggressive | 0.25% | -1.93% | $45M |
| Kernel S&P Global Dividend Aristocrats Fund | Aggressive | 0.25% | 9.63% | $5M |
| Kernel High Growth Fund | Aggressive | 0.25% | No 5-year average return figure held. Recorded fund start date 11 April 2022 is less than five years before March 2026. | $1062M |
| Kernel NZ Bond Fund | Defensive | 0.40% | No 5-year average return figure held. Recorded fund start date 29 July 2024 is less than five years before March 2026. | $77M |
| Kernel NZ 50 ESG Tilted Fund | Aggressive | 0.25% | No 5-year average return figure held. Recorded fund start date 11 April 2022 is less than five years before March 2026. | $55M |
| Kernel S&P Global Clean Energy Fund | Aggressive | 0.45% | No 5-year average return figure held. Recorded fund start date 11 April 2022 is less than five years before March 2026. | $2M |
| Kernel S&P 500 (Unhedged) Fund | Aggressive | 0.25% | No 5-year average return figure held. Recorded fund start date 11 November 2024 is less than five years before March 2026. | $28M |
| Kernel S&P 500 (NZD Hedged) Fund | Aggressive | 0.25% | No 5-year average return figure held. Recorded fund start date 11 April 2022 is less than five years before March 2026. | $140M |
| Kernel NZ 20 Fund | Aggressive | 0.25% | No 5-year average return figure held. Recorded fund start date 11 April 2022 is less than five years before March 2026. | $263M |
| Kernel NZ Commercial Property Fund | Aggressive | 0.25% | -2.75% | $140M |
| Kernel US Bond Fund | Defensive | 0.30% | No 5-year average return figure held. Recorded fund start date 29 July 2024 is less than five years before March 2026. | $31M |
| Kernel Global ESG (NZD Hedged) Fund | Aggressive | 0.25% | No 5-year average return figure held. Recorded fund start date 3 July 2023 is less than five years before March 2026. | $436M |
| Kernel Balanced Fund | Balanced | 0.25% | No 5-year average return figure held. Recorded fund start date 7 November 2022 is less than five years before March 2026. | $210M |
| Kernel Global Property (NZD Hedged) Fund | Aggressive | 0.25% | No 5-year average return figure held. Recorded fund start date 11 April 2022 is less than five years before March 2026. | $251M |
| Kernel Cash Plus Fund | Defensive | 0.25% | No 5-year average return figure held. Recorded fund start date 7 November 2022 is less than five years before March 2026. | $249M |
About “—” in return figures: it means no figure is held, not a return of zero. Of the 15 funds listed, 3 have a 5-year average return. Figures are drawn from fund disclosures on the FMA Disclose register, chiefly quarterly fund updates. Each fund shows the most recent figure held; the latest quarter broadly covered across all funds is March 2026. A fund too new to report a period has no figure for it; other gaps are figures not yet captured from the updates ingested so far.
Manager identity and FSP registration sourced from the most recent FMA-filed Quarterly Fund Update for each fund. Supervisor, custodian, and auditor relationships are typically disclosed in each scheme's Product Disclosure Statement and Statement of Investment Policy and Objectives.
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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