Kōura’s Clean Energy Fund tops KiwiSaver returns on datacentre boom
A US-focused clean energy fund posted 31.8% three-month returns, outperforming peers as artificial intelligence drives global datacentre expansion.
Kōura Wealth's Clean Energy Fund has achieved the strongest performance among KiwiSaver funds tracked in Morningstar's latest quarterly report. The fund's gains reflect optimism about the international proliferation of data centres driven by artificial intelligence development. The fund returned 31.8% over the three months to the end of June.
Covered byBusinessDeskNot covered byRNZStuffNZ Herald1NewsNewstalk ZBOtago Daily TimesNewsroomThe Spinoffinterest.co.nz
Coverage across the news outlets we track, as at publication.
What outlets are saying
BusinessDesk
Kōura fund outshines on datacentre boom
Kōura Wealth is upbeat overall on the proliferation of data centres internationally at the dawn of artificial intelligence, seeing this building boom as performance-enhancing for its Clean Energy Fund. The United States-focused fund outshone all others in Morningstar’s KiwiSaver report…