Broadly speaking there are a number of key benefits that our newest Kernel Fund can provide, including:
Positive consideration of climate change action through alignments with the Paris Agreement - This fund aligns with the legally defined requirements of the Paris Agreement and the 1.5°C trajectory, up weighting companies that are enabling the achievement of net zero emissions by 2050.
Transparency - A transparent and robust methodology, with full holdings published, available and updated regularly from August 2023. If you would like to understand more about the holdings before then, please reach out to our support team.
Cost effective - The fund has a low management fee of 0.25% p.a., with no buy-sell spreads or brokerage fees. In addition, the fund holds the underlying securities directly, meaning greater tax efficiency for New Zealand investors.
Flexibility - We offer both an unhedged version of the Fund and a version that is hedged to the NZD, giving you the flexibility to control your currency exposure. Equally, the fund has quarterly distributions, with the option to automatically reinvest your distributions or have them paid as cash into your Kernel Wallet.