Kernel Global Esg Fund
Kernel Global Esg Fund is an aggressive KiwiSaver fund managed by Kernel. It has 530 members and holds $13 million. It opened in 2023.
Fees and returns
- Annual fee
- 0.25% of your balance each year
- Return over 1 year
- +14.2% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 98%.
Largest holdings
- Nvidia Ord 5.52%
- Microsoft 4.83%
- Apple Inc 4.53%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +14.2% |
| 2024/25 | +13.1% |
About this fund
The Kernel Global ESG Fund is a passively managed global shares fund that tracks an S&P Paris-Aligned (PAB) ESG world index — weighting companies by alignment with the 2016 Paris Agreement, with exclusions and broader ESG integration. Foreign currency movements are left unhedged, which is the difference from the NZD-hedged version. It carries an annual fund charge of 0.25%.