Kernel Global Esg (NZd Hedged) Fund
Kernel Global Esg (NZd Hedged) Fund is an aggressive KiwiSaver fund managed by Kernel. It has 194 members and holds $5 million. It opened in 2023.
Fees and returns
- Annual fee
- 0.25% of your balance each year
- Return over 1 year
- +12.2% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 99%.
Largest holdings
- Nvidia Ord 5.54%
- Microsoft 4.85%
- Apple Inc 4.55%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +12.2% |
| 2024/25 | +8.5% |
About this fund
The Kernel Global ESG (NZD Hedged) 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. Currency exposure is hedged to the New Zealand dollar, which separates it from the unhedged version. It carries an annual fund charge of 0.25%.