Kernel World Ex-US Fund
Kernel World Ex-US Fund is an aggressive KiwiSaver fund managed by Kernel. It has 429 members and holds $9 million. It opened in 2025.
Fees and returns
- Annual fee
- 0.25% of your balance each year
Figures are after fees and tax, as at Q3 2026, sourced from the FMA Disclose Register.
What it invests in
International equities 94%, australasian equities 7%.
Largest holdings
- ASML Holdings ORD 2.25%
- Astrazeneca PLC ORD Shs 1.35%
- Novartis AG 1.29%
About this fund
The Kernel World Ex-US Fund is a passively managed fund that tracks the S&P World Ex-U.S., Controversial Weapons and Tobacco Index, giving developed-market shares across 23 economies outside the United States — including Japan, the UK, Canada and Europe — with foreign currency movements left unhedged. It carries an annual fund charge of 0.25%.