Mercer KiwiSaver Scheme
Mercer Shares Fund

In their own words: "Invests almost entirely in the share market. May be suitable for investors seeking exposure mostly to shares and who are comfortable with a high level of volatility in returns."

At a glance:

Mindful Fund
Type: Aggressive fund
Past Returns: 10.10%

Average annual returns over the past 3 years, after fees and taxes. *indicates less than three years of data.

Annual Fees: 0.93%

Annual fees, including membership and % management fee.

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More information:

A summary of this fund and it's details.

Number FND18
Name Mercer Shares Fund
Risk profile Aggressive fund
Description Invests almost entirely in the share market. May be suitable for investors seeking exposure mostly to shares and who are comfortable with a high level of volatility in returns.
Value $26M NZD
Members 1,387
Market index description The market index return is the strategic asset allocation weighted benchmark index return, where the benchmark indices are defined in the Statement of Investment Policy and Objectives. Additional information about the market index is available on the offer register.
Disclosure Statement Period Sun June 30th 2019
Fund started Wed Feb. 18th 2015
Three-year average return 10.10%
Market index past year return 9.24%
Past year return net charges and tax 6.01%
Past year return net of charges gross of tax 7.15%
Market index return since fund started 10.61%
Return since fund started net 8.69%
Total annual fund fees 0.93%
Total performance based fees 0.0%
Manager's basic fee 0.9%
Administration charges 0.03%
Total other charges 30.0
Total other charges currency NZD

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

The past annual returns for this fund. Please note that higher past returns do not always mean higher future returns.

Year Market Index Fund Annual Return
2019 10.11% 6.57%
2018 6.68% 11.22%
2017 11.18% 12.51%
2016 4.51% 3.73%

The market index is the average NZ KiwiSaver return for funds of the same risk category, sourced from the Commission for Financial Capability's Sorted website. The fund information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

Showing the top 10 investments for this fund:

  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    3.11%
  • BNP Paribas US Dollar Account
    United States International Equities NA
    2.27%
  • Spark New Zealand Limited
    New Zealand Australasian Equities N/A
    2.09%
  • Contact Energy Limited
    New Zealand Australasian Equities
    2.04%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.46%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities NA
    1.44%
  • Meridian Energy Limited
    New Zealand Australasian Equities N/A
    1.19%
  • Mainfreight Limited
    New Zealand Australasian Equities NA
    1.09%
  • Ssga Fx Overlay (Unrealised Gain)
    New Zealand International Equities NA
    0.86%
  • Alibaba Group Holdings Limited
    Cayman Islands International Equities NA
    0.78%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

How the money in this fund is invested.

Type Target Actual
Cash and Cash Equivalents 0.0% 1.07%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 26.0% 23.89%
International Equities 74.0% 75.04%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Unknown None% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

Key Personnel

  • Kylie Willment

    Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (1 years, 8 months)
    Previously: Senior Manager, Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

  • Martin Lewington

    Currently: CEO - Mercer (N.Z.) Ltd (10 years, 4 months)
    Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

  • Philip Houghton-Brown

    Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (6 years, 11 months)
    Previously: Chief Investment Officer - OnePath (NZ) Ltd (5 years, 3 months)

  • Ronan Mccabe

    Currently: Head of Portfolio Management, Delegated Solutions Pacific, Mercer Australia (Pty) Ltd (0 years, 3 months)
    Previously: Senior Investment Manager - Ireland Strategic Investment Fund (ISIF) (3 years, 7 months)

  • Ross Butler

    Currently: Chairman - Mercer (N.Z.) Ltd (6 years, 6 months)
    Previously: Chairman - Mercer Investment Nominees (NZ) Ltd (2 years, 0 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30 June 2019.

The known proportion of this fund invested in the areas of concern that we track. The Fund may have investments that are not consistent with their exclusions policy because of timing issues or because there are companies of concern in indirect investments.

  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.82%
  • Animal Testing:
    3.07%
  • Fossil Fuels:
    3.86%
  • Gambling:
    0.98%
  • GMOs:
    0.73%
  • Human Rights & Environmental Violations:
    1.62%
  • Palm Oil:
    0.16%
  • Tobacco:
    0.04%
  • Weapons:
    0.21%

This data has been compiled by Mindful Money from the portfolios that each KiwiSaver fund has filed with the Disclose register to 31 March 2019 and Mindful Money analysis of funds within those portfolio. The list of companies of concern has been drawn from ratings agencies and public sources, including the Norwegian Sovereign Fund, NZ Super Fund and research organisations.

Does this fund have a policy to exclude any industries from its investments?

  • Adult Entertainment/Pornography:
  • Alcohol:
  • Animal Testing:
  • Fossil Fuels:
  • Gambling:
  • GMOs:
  • Human Rights & Environmental Violations:
  • Palm Oil:
  • Tobacco:
  • Weapons:

This data is compiled from Mindful Money analysis of Fund websites. Note that the Fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the Fund.

Many KiwiSaver funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

Download the fund's disclosure statement and portfolio holdings.

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You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital investment. Past returns are not a guide to future returns. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.