Kernel plugs into EVs and gets disruptive
The latest funds on its platform include the world's fourth electric vehicle index fund and a fund aimed at disruptive technologies, similar to Nikko's Ark fund.
Kernel chief executive Dean Anderson says, “whilst the world is undergoing a technological revolution, investors want to be a part of this change more than ever.”
He says the Kernel S&P Kensho Electric Vehicle Innovation Fund is a first of its kind in Australasia.
While investors chase individual stocks like Tesla the index fund provides the opportunity to own the entire EV ecosystem; including 11 EV manufacturers and 18 companies that produce critical EV components and infrastructure.
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