Kernel S&P Global Clean Energy Fund
Kernel S&P Global Clean Energy Fund is an aggressive KiwiSaver fund managed by Kernel. It has 208 members and holds $2 million. It opened in 2022.
Fees and returns
- Annual fee
- 0.45% of your balance each year
- Return over 1 year
- +85.3% a year
- Return over 3 years
- +6.7% a year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 99%.
Largest holdings
- Nextracker Inc Class A 9.71%
- Bloom Energy Corp 8.97%
- First Solar Inc 5.85%
Year by year
| Financial year | Return |
|---|---|
| 2025/26 | +85.3% |
| 2024/25 | −14.7% |
| 2023/24 | −23.2% |
About this fund
The Kernel S&P Global Clean Energy Fund is a passively managed fund that tracks the S&P Developed Ex-Korea Clean Energy Index, holding up to 100 developed-market companies with significant clean-energy exposure and low carbon-to-revenue footprints. Built around a single theme, its returns can diverge sharply from broad global shares. It carries an annual fund charge of 0.45%.