Funds
Mercer Cash Fund
Issues of concern
The graph below shows the percentage of the fund invested in each of the worst issues of concern to New Zealanders. Below the graph are listed all the companies this fund invests in, by issue of concern.
This fund has no investments in issues of concern
Key:
- Human Rights Violations
- Environmental Harm
- Animal Cruelty
- Weapons
- Fossil Fuels
- Social Harm
Companies of concern
This data is compiled by Mindful Money from the fund information and portfolios
that each KiwiSaver fund has
filed with the Disclose register to 31st March 2024 and Mindful Money
analysis of funds within those portfolios. The list of companies of concern has
been drawn from ratings agencies and public sources, including the Norwegian
Sovereign Fund, NZ Super Fund, Sustainalytics and research organisations.
Please note that companies may breach more than one of these areas of
concern.
The listing of companies of concern is based on definitions used in Mindful Money's
methodology. These definitions may
be different from the exclusions policy and definitions applied by the fund provider.
Mindful Money uses the term Mindful Funds as our standard
for ethical investment and responsible investment. This does not imply that
other funds are unethical or that the fund providers that do not meet these
standards are unethical providers.
About this fund
In their own words
Invests entirely in cash and short term interest bearing investments. Designed for investors who want no exposure to growth assets or where the funds may be required in the shorter term.
Mercer is one of the world’s leading firms for superannuation, investments and workforce consulting, with over 25,000 colleagues worldwide helping build brighter futures for our customers and clients. Mercer has been helping Kiwis save for their best possible retirement for over 60 years. Our team of investment experts search the globe to find some of the best and most diverse investments to help maximise KiwiSaver returns and we invest responsibly.
| Value | $34.6M NZD |
| Period of data report | 30th June 2024 |
| Members | 1,304 |
| Fund started | 1st Oct. 2007 |
| Total annual fund fees | 0.33% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.28% |
| Other management and administration charges | 0.05% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 2 months) |
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (15 years, 4 months) |
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (6 years, 8 months) |
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 1 months) |
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (10 years, 3 months) |
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.
Past Returns
Past annual returns for this fund are after fees and taxes. Please note that higher past returns do not always mean higher future returns.
| Year | Market Average | Fund Annual Return |
|---|---|---|
| 2024 | 3.40% | 3.94% |
| 2023 | -0.13% | 2.2% |
| 2022 | -1.68% | 0.26% |
| 2021 | 1.56% | 0.19% |
| 2020 | 1.64% | 1.11% |
| 2019 | 2.37% | 1.5% |
| 2018 | 2.05% | 1.47% |
| 2017 | 1.53% | 1.61% |
| 2016 | 2.72% | 2.28% |
| 2015 | 4.23% | 2.62% |
The market average is the average 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 30th June 2024.
Top 10 Investments
-
Westpac New Zealand Bank Limited Bond 2.22% 29/07/2024
New Zealand Cash and Equivalents AA-8.48% -
Kiwibank Limited Bond 2.155% 20/09/2024
New Zealand Cash and Equivalents6.18% -
ASB Bank Limited Bond 1.83% 19/08/2024
New Zealand Cash and Equivalents AA-4.89% -
New Zealand Local Government Funding Agency Treasury Bill 19/08/2024
New Zealand Cash and Equivalents AAA4.22% -
Westpac New Zealand Limited Rcd Maturing 29/07/2024
New Zealand Cash and Equivalents AA-3.65% -
Auckland Council Promissory Note 17/04/2025
New Zealand Cash and Equivalents AA2.92% -
Rabobank New Zealand Limited Floating Rate Note 28/06/2024
New Zealand Cash and Equivalents A2.44% -
Bank Of New Zealand Limited Rcd Maturing 13/08/2024
New Zealand Cash and Equivalents AA-2.43% -
Westpac New Zealand Limited Rcd Maturing 19/08/2024
New Zealand Cash and Equivalents AA-2.42% -
ASB Bank Limited Rcd Maturing 20/08/2024
New Zealand Cash and Equivalents AA-2.42%
| Type | Target | Actual |
|---|---|---|
| Cash and Cash Equivalents | 100.0% | 100.0% |
| New Zealand Fixed Interest | 0.0% | 0.0% |
| International Fixed Interest | 0.0% | 0.0% |
| Australasian Equities | 0.0% | 0.0% |
| International Equities | 0.0% | 0.0% |
| Listed Properties | 0.0% | 0.0% |
| Unlisted Properties | 0.0% | 0.0% |
| Other | 0.0% | 0.0% |
| Commodities | 0.0% | 0.0% |
Investment Mix
How the money in this fund is invested against the fund's targets.
Target
Actual
This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 30th June 2024.