Which New Zealand managed funds does Kernel Wealth Limited manage?

Kernel Wealth Limited is named as the licensed manager in the SIPO of 19 New Zealand retail managed funds, across 2 schemes. The full list, with the SIPO that states each one, is at https://managedfunds.nz/licensed-manager/kernel-wealth/funds/. Only funds whose SIPO has been ingested are counted, so this is a floor.

Does Kernel Wealth choose the investments in these funds?

Holding the FMA licence for a scheme is a distinct role from selecting the investments within it, and from custody and supervision. The SIPO names the licensed manager; the investment manager, custodian and supervisor may be other parties and are stated separately in the scheme documents.

Kernel Wealth

Kernel Wealth Limited

Kernel Wealth Limited is named as the licensed manager in the Statement of Investment Policy and Objectives of 19 funds in our universe, across 2 schemes. Each row links to the SIPO that states it.

Fund	Brand	Asset class	SIPO
Kernel Australia 100 Fund	Kernel	Australasian Equities	SIPO· stale
Kernel Balanced Fund	Kernel	Diversified	SIPO· stale
Kernel Cash Plus Fund	Kernel	Cash	SIPO· stale
Kernel Conservative Fund	Kernel	Diversified	SIPO· stale
Kernel Emerging Markets Fund	Kernel	International Equities	SIPO· stale
Kernel Global ESG Fund	Kernel	International Equities	SIPO· stale
Kernel Global Infrastructure Fund	Kernel	Other	SIPO· stale
Kernel High Growth Fund	Kernel	Diversified	SIPO· stale
Kernel NZ 50 ESG Tilted Fund	Kernel	Australasian Equities	SIPO· stale
Kernel NZ Bond Fund	Kernel	NZ Fixed Interest	SIPO· stale
Kernel NZ Commercial Property Fund	Kernel	Listed Property	SIPO· stale
Kernel NZ Small & Mid Cap Opportunities Fund	Kernel	Australasian Equities	SIPO· stale
Kernel S&P 500 (NZD Hedged) Fund	Kernel	International Equities	SIPO· stale
Kernel S&P 500 (Unhedged) Fund	Kernel	International Equities	SIPO· stale
Kernel S&P Global 100 (NZD Hedged) Fund	Kernel	International Equities	SIPO· stale
Kernel S&P Global 100 Fund	Kernel	International Equities	SIPO· stale
Kernel S&P Global Clean Energy Fund	Kernel	International Equities	SIPO· stale
Kernel S&P Global Dividend Aristocrats Fund	Kernel	International Equities	SIPO· stale
Kernel World ex-US Fund	Kernel	International Equities	SIPO· stale

Source: each scheme's Statement of Investment Policy and Objectives, lodged on the FMA Disclose register; most recent SIPO in this list dated 2025-09-16. Only funds whose SIPO we have ingested appear here, so this list is a floor rather than a complete record of the Kernel Wealth range. Information only — not financial advice.