Kernel Emerging Markets Fund
Kernel Emerging Markets Fund is an aggressive KiwiSaver fund managed by Kernel. It has 377 members and holds $4 million. It opened in 2024.
Fees and returns
- Annual fee
- 0.45% of your balance each year
- Return over 1 year
- +19.7% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 100%.
Largest holdings
- SPDR Portfolio Emerging Markets ETF 100.03%
- New Zealand Dollar 0.57%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +19.7% |
About this fund
The Kernel Emerging Markets Fund is a passively managed fund that tracks the S&P Emerging BMI (NZD) Index, giving exposure to companies listed across 23 emerging economies including China, India and Taiwan. Emerging-market shares can move more sharply than developed-market shares. It carries an annual fund charge of 0.45%.