Kernel High Growth Fund
Kernel High Growth Fund is an aggressive KiwiSaver fund managed by Kernel. It has 11,071 members and holds $530 million. It opened in 2022.
Fees and returns
- Annual fee
- 0.25% of your balance each year
- Return over 1 year
- +15.8% a year
- Return over 3 years
- +14.6% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 73%, australasian equities 25%.
Largest holdings
- SPDR Portfolio Emerging Markets ETF 7.13%
- Nvidia Ord 5.07%
- Apple Inc 4.45%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +15.8% |
| 2024/25 | +8.4% |
| 2023/24 | +19.8% |
About this fund
The Kernel High Growth Fund is a passively managed aggressive fund built by investing across several of Kernel's index-tracking funds, keeping over 98% of the portfolio in growth assets — globally diversified shares and listed property — with only a small income allocation. It is designed for an investment horizon of at least five years and carries an annual fund charge of 0.25%.