{
  "schemaVersion": "1.0",
  "canonicalUrl": "https://managedfunds.nz/funds/kernel/australia-100/",
  "fetchedAt": "2026-05-22T05:19:08.598Z",
  "fund": {
    "slug": "australia-100",
    "name": "Kernel Australia 100 Fund",
    "managerSlug": "kernel",
    "category": "australasian-equities",
    "riskProfile": "growth",
    "isPie": true,
    "isEtf": null,
    "ticker": null,
    "isHedged": null,
    "isResponsibleInvestment": null,
    "isThematic": null,
    "isFifNotPie": null,
    "shortDescription": null,
    "availableVia": [
      "direct"
    ],
    "dataStatus": "pending-ingestion"
  },
  "manager": {
    "slug": "kernel",
    "name": "Kernel",
    "legalName": "Kernel Wealth Limited",
    "parent": null,
    "website": "https://kernelwealth.co.nz",
    "hq": "Auckland"
  },
  "category": {
    "slug": "australasian-equities",
    "name": "Australasian Equities",
    "shortName": "Australasian Equities"
  },
  "metrics": {
    "status": "ok",
    "matchScore": 3.3333333333333335,
    "sortedFundName": "KERNEL AUSTRALIA 100 FUND",
    "sortedManager": "KERNEL WEALTH LIMITED kernelwealth.co.nz",
    "sortedUrl": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH12697/OFR12698/FND58855/",
    "fetchedAt": "2026-05-22T03:04:43.753Z",
    "source_doc": "sorted/SCH12697/OFR12698/FND58855",
    "source_doc_date": "2026-05-22",
    "source_doc_url": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH12697/OFR12698/FND58855/",
    "source_tier": "C",
    "riskIndicator": 5,
    "annualFundChargePct": 0.25,
    "peerAvgFeePct": 0.91,
    "fiveYearReturnPct": null,
    "peerAvg5YearReturnPct": 4.91,
    "fiveYearReturnNote": "Less than 5 years of data",
    "growthAssetsPct": 98.31,
    "incomeAssetsPct": 1.69,
    "fundSizeNzd": 53403247.19,
    "pdsUrl": "/disclose-document/mdo42ca30bf6eb86ed72d0b97330b902616/Kernel-Funds-PDS-Equities-August-2025.pdf",
    "strategySummary": "“\n                            The Kernel Australia 100 Fund�s investment objective is to provide a return (before tax, fees and expenses) that closely matches the return on the S&P/ASX 100 Index.\n                            ”",
    "topHoldings": [
      {
        "asset": "Commonwealth Bank of Australia",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 11.87
      },
      {
        "asset": "BHP Group Ltd (AU register)",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 10.83
      },
      {
        "asset": "Westpac Banking Corporation (AU Register)",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 5.71
      },
      {
        "asset": "National Australia Bank Limited (AU Register)",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 5.38
      },
      {
        "asset": "ANZ Bank (AU Register)",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 4.59
      },
      {
        "asset": "Wesfarmers Ltd",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 3.5
      },
      {
        "asset": "Macquarie Group Limited",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 3.03
      },
      {
        "asset": "CSL Limited",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 2.89
      },
      {
        "asset": "Woodside Energy Group Ltd",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 2.82
      },
      {
        "asset": "Rio Tinto (AU Register)",
        "assetClass": "Shares",
        "type": "Australasian Equities",
        "country": "AU",
        "weightPct": 2.54
      }
    ],
    "fundStartDate": "13 August 2025",
    "minimumInvestmentNzd": 1,
    "documents": [
      {
        "label": "KERNEL AUSTRALIA 100 FUND (FND58855) Full portfolio holdings 31 March 2026.xlsx Download the full portfolio holdings. XLSX, 1.23 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/full-portfolio/FND58855/KERNEL-AUSTRALIA-100-FUND-FND58855-Full-portfolio-holdings-31-March-2026.xlsx"
      },
      {
        "label": "Kernel Funds PDS Equities August 2025.pdf How this investment works, including about the provider, risks, costs and potential returns PDF, 351.82 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdo42ca30bf6eb86ed72d0b97330b902616/Kernel-Funds-PDS-Equities-August-2025.pdf"
      },
      {
        "label": "Australia 100 FU Fund Update Mar 2026.pdf The quarterly update published by the provider PDF, 594.69 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/3c38543bd19e8f6c/Australia-100-FU---Fund-Update---Mar-2026.pdf"
      },
      {
        "label": "Kernel Funds PDS Diversified August 2025.pdf Additional product disclosure statement from the provider PDF, 335.37 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdo25d83fed62457583b5b5388a78cb210a/Kernel-Funds-PDS-Diversified-August-2025.pdf"
      },
      {
        "label": "Kernel Funds OMI August 2025.pdf Other material information of relevance to investors PDF, 246.01 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdoad06ff43d92fe322bc99e0e90fb8bf83/Kernel-Funds-OMI-August-2025.pdf"
      },
      {
        "label": "Kernel Funds SIPO September 2025.pdf Statement of investment policy and objectives PDF, 518.86 KB",
        "href": "https://smartinvestor.sorted.org.nz/disclose-document/mdo52b3518e754cc80918af24916a4038be/Kernel-Funds-SIPO-September-2025.pdf"
      }
    ]
  },
  "sources": {
    "fmaDisclose": "https://disclose-register.companiesoffice.govt.nz/search?searchType=ALL&q=Kernel%20Australia%20100%20Fund",
    "sortedSmartInvestor": "https://smartinvestor.sorted.org.nz/kiwisaver-and-managed-funds/SCH12697/OFR12698/FND58855/",
    "productDisclosureStatement": "/disclose-document/mdo42ca30bf6eb86ed72d0b97330b902616/Kernel-Funds-PDS-Equities-August-2025.pdf"
  },
  "licence": {
    "reuse": "Citation with link-back to canonicalUrl required. No paid redistribution.",
    "contact": "hello@managedfunds.nz"
  }
}