You can create a Kernel kids account starting with as little as $1.
Kernel charges a member fee of $3 per month inclusive of GST. This fee is only applied once your total portfolio balance reaches $1,000.
Kernel charges a management fee for our investment funds. Your management fee is calculated on your total investment balance, which does not include your wallet.
For balances from $1-$24,999 the management fee is either 0.39% or 0.55% per year depending on the Fund you have chosen.
For balances of $25,000 and above the effective management fee reduces to 0.29% or 0.45% per year depending on the Fund you have chosen. This amount is calculated and deducted as part of the weekly unit pricing process within the fund.
The individual Fund investment fees are listed on the Funds page and within our Product Disclosure Statement.
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