Funds

AMP KiwiSaver Mercer Balanced Fund

Total Ethical Concerns: 8.38%

The average total concerns of all KiwiSaver balanced funds is 5.99%.

Companies of Concern

  • Animal Cruelty 1.34%

    • Koninklijke Ahold Delhaize Nv
      0.22%
      0.22%
    • Exxon Mobil Corp.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Hermès International Sca
      0.06%
      0.06%
    • Colgate-Palmolive Co.
      0.05%
      0.05%
    • Eni Spa
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • 0.05%
    • Tyson Foods Inc
      0.05%
      0.05%
    • Chevron Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Orbia Advance Corp. Sab De Cv
      0.04%
      0.04%
    • Givaudan Finance Europe Bv
      0.03%
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Argentum Netherlands Bv
      0.02%
      0.02%
    • Bayer
      0.02%
      0.02%
    • Celanese US Holdings Llc
      0.02%
      0.02%
    • Eastman Chemical Co.
      0.02%
      0.02%
    • Ecolab, Inc.
      0.02%
      0.02%
    • FMC Corp.
      0.02%
      0.02%
    • Huntsman Corp.
      0.02%
      0.02%
    • Nutrien Ltd.
      0.02%
      0.02%
    • Syngenta
      0.02%
      0.02%
    • Unilever PLC
      0.02%
      0.02%
    • 3M
      0.01%
      0.01%
    • Air Liquide
      0.01%
      0.01%
    • Dupont De Nemours
      0.01%
      0.01%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
    • Kering SA
      0.01%
      0.01%
    • L'Oréal SA
      0.01%
      0.01%
    • The Dow Chemical Co.
      0.01%
      0.01%
    • The Sherwin-Williams Co.
      0.01%
      0.01%
  • Human Rights Violations 1.73%

    • 0.74%
    • Rio Tinto
      0.12%
      0.12%
    • UBS
      0.11%
      0.11%
    • Wells Fargo
      0.10%
      0.10%
    • 0.08%
    • General Motors
      0.07%
      0.07%
    • Nestlé
      0.07%
      0.07%
    • 0.03%
    • Caterpillar
      0.02%
      0.02%
    • Holcim
      0.02%
      0.02%
    • 0.02%
    • Petrobras
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Zijin Mining
      0.02%
      0.02%
    • Petrochina Co Ltd
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Saudi Aramco
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • 0.01%
  • Social Harm 0.51%

  • Fossil Fuels 4.32%

    • Contact Energy Ltd.
      0.87%
      1.5°C
      This company is on a 1.5°C pathway
      0.87%
    • Engie SA
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • National Grid PLC
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • BP
      0.14%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.14%
    • Itochu Corp.
      0.12%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.12%
    • Nextera Energy, Inc.
      0.12%
      0.12%
    • Rio Tinto
      0.12%
      0.12%
    • American Electric Power Co., Inc.
      0.11%
      0.11%
    • Atmos Energy Corp.
      0.10%
      0.10%
    • Duke Energy Corp
      0.09%
      0.09%
    • Aker BP Asa
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • BHP
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Dominion Energy, Inc.
      0.07%
      0.07%
    • Exxon Mobil Corp.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Xcel Energy, Inc.
      0.07%
      0.07%
    • Edp-Energias De Portugal SA
      0.06%
      1.5°C
      This company is on a 1.5°C pathway
      0.06%
    • Enbridge, Inc.
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Enel
      0.06%
      1.5°C
      This company is on a 1.5°C pathway
      0.06%
    • Pg&E Corp
      0.06%
      0.06%
    • Totalenergies Se
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Consolidated Edison, Inc.
      0.05%
      0.05%
    • Energy Transfer Lp
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Eni Spa
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Korea Electric Power Corporation (Kepco)
      0.05%
      0.05%
    • OMV AG
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Targa Resources Corp.
      0.05%
      0.05%
    • Chevron Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Occidental Petroleum Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Pinnacle West Capital Corp.
      0.04%
      0.04%
    • The Williams Cos., Inc.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Cez As
      0.03%
      0.03%
    • Conocophillips
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Diamondback Energy, Inc.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Fairfax Financial Holdings Ltd.
      0.03%
      0.03%
    • Mplx Lp
      0.03%
      0.03%
    • Oneok, Inc.
      0.03%
      0.03%
    • Portland General Electric Co.
      0.03%
      0.03%
    • Rwe AG
      0.03%
      0.03%
    • Sempra Energy
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Snam Spa
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Vår Energi Asa
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Barrick Gold
      0.02%
      0.02%
    • Canadian Natural Resources Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Centerpoint Energy, Inc.
      0.02%
      0.02%
    • Cheniere Energy, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Constellation Energy Corp.
      0.02%
      0.02%
    • Enterprise Products Partners Lp
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Ep Infrastructure As
      0.02%
      0.02%
    • Galaxy Pipeline Assets Bidco Ltd.
      0.02%
      0.02%
    • 0.02%
    • Jefferies
      0.02%
      0.02%
    • Kinder Morgan, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • National Grid North America, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Nrg Energy, Inc.
      0.02%
      0.02%
    • Petrobras
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Repsol
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Suncor Energy, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Vier Gas Transport Gmbh
      0.02%
      0.02%
    • Western Midstream Partners Lp
      0.02%
      0.02%
    • Wintershall Dea
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Électricité De France SA
      0.02%
      0.02%
    • Cenovus Energy, Inc.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Channel Infrastructure
      0.01%
      0.01%
    • Equinor Asa
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • PT Astra International Tbk
      0.01%
      0.01%
    • Pacificorp.
      0.01%
      0.01%
    • Petrochina Co Ltd
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Saudi Aramco
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • The Southern Co.
      0.01%
      0.01%
    • The Weir Group PLC
      0.01%
      0.01%
  • Weapons 0.57%

    • Amphenol Corp.
      0.19%
      0.19%
    • Mtu Aero Engines AG
      0.17%
      0.17%
    • Dassault Aviation SA
      0.07%
      0.07%
    • Rheinmetall AG
      0.07%
      0.07%
    • Howmet Aerospace, Inc.
      0.01%
      0.01%
    • Teledyne Technologies, Inc.
      0.01%
      0.01%
    • 0.01%
    • Transdigm Group, Inc.
      0.01%
      0.01%
  • Environmental Harm 0.83%

    • Duke Energy Corp
      0.09%
      0.09%
    • BHP
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • PepsiCo
      0.07%
      0.07%
    • Coca-Cola
      0.06%
      0.06%
    • Pg&E Corp
      0.06%
      0.06%
    • Energy Transfer Lp
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Chevron Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • 0.03%
    • Danone
      0.03%
      0.03%
    • 0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Archer-Daniels Midland
      0.02%
      0.02%
    • Barrick Gold
      0.02%
      0.02%
    • Bayer
      0.02%
      0.02%
    • FMC Corp.
      0.02%
      0.02%
    • Mondelez
      0.02%
      0.02%
    • Nutrien Ltd.
      0.02%
      0.02%
    • Syngenta
      0.02%
      0.02%
    • Unilever PLC
      0.02%
      0.02%
    • Zijin Mining
      0.02%
      0.02%
    • 3M
      0.01%
      0.01%
    • 0.01%
    • Fonterra
      0.01%
      0.01%
    • PT Astra International Tbk
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The fund invests in a wide range of assets which may be suitable for long-term investors who want a diversified investment with exposure to shares, real assets, alternative assets, fixed interest and cash. The fund aims to achieve enhanced longer term returns from the 60% benchmark allocation to growth assets.

    Value $57.3M NZD
    Period of data report 31st March 2025
    Members 1,553
    Fund started 1st Oct. 2007
    Total annual fund fees 1.2%
    Total performance based fees 0.0%
    Manager's basic fee 1.12%
    Other management and administration charges 0.08%
    Total other charges 23.4
    Total other charges currency NZD

    Jeff Ruscoe

    Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
    Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

    Mark Ennis

    Currently: Investment Committee, Member (4 years, 8 months)
    Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

    Justin Boyes*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Retail Customer (2 years, 7 months)

    Aaron Klee*

    Currently: Investment Committee, Member (0 years, 3 months)
    Previously: GM, Investment Management and Services (2 years, 7 months)

    Craig Stobo*

    Currently: Investment Committee, Independent Member (1 years, 5 months)
    Previously: Chairman, Financial Markets Authority (0 years, 10 months)

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

  • Past Returns

    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
    2025 4.34% 4.48%
    2024 10.86% 9.55%
    2023 -2.79% -3.2%
    2022 1.34% 1.61%
    2021 17.98% 18.01%
    2020 -1.40% -3.06%
    2019 5.81% 5.42%
    2018 5.28% 6.1%
    2017 5.86% 6.35%
    2016 4.01% 4.84%

    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 31st March 2025.

  • Investments

    Top 10 Investments

    • Mercer Balanced Portfolio

      New Zealand Fund

      100.0%
    Type Target Actual
    Cash and Cash Equivalents 4.0% 3.96%
    New Zealand Fixed Interest 10.0% 11.29%
    International Fixed Interest 26.0% 26.93%
    Australasian Equities 13.0% 12.63%
    International Equities 41.0% 38.68%
    Listed Properties 0.0% 0.43%
    Unlisted Properties 3.0% 2.98%
    Other 3.0% 3.1%
    Commodities 0.0% 0.0%

    Investment Mix

    How the money in this fund is invested by asset type.

    This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

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 2025 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.

Issues of Concern

  • 1.34% Animal Cruelty
  • 1.73% Human Rights Violations
  • 0.51% Social Harm
  • 4.32% Fossil Fuels
  • 0.57% Weapons
  • 0.83% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Koninklijke Ahold Delhaize Nv
      0.22%
      0.22%
    • Exxon Mobil Corp.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Hermès International Sca
      0.06%
      0.06%
    • Colgate-Palmolive Co.
      0.05%
      0.05%
    • Eni Spa
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • 0.05%
    • Tyson Foods Inc
      0.05%
      0.05%
    • Chevron Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Orbia Advance Corp. Sab De Cv
      0.04%
      0.04%
    • Givaudan Finance Europe Bv
      0.03%
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Argentum Netherlands Bv
      0.02%
      0.02%
    • Bayer
      0.02%
      0.02%
    • Celanese US Holdings Llc
      0.02%
      0.02%
    • Eastman Chemical Co.
      0.02%
      0.02%
    • Ecolab, Inc.
      0.02%
      0.02%
    • FMC Corp.
      0.02%
      0.02%
    • Huntsman Corp.
      0.02%
      0.02%
    • Nutrien Ltd.
      0.02%
      0.02%
    • Syngenta
      0.02%
      0.02%
    • Unilever PLC
      0.02%
      0.02%
    • 3M
      0.01%
      0.01%
    • Air Liquide
      0.01%
      0.01%
    • Dupont De Nemours
      0.01%
      0.01%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
    • Kering SA
      0.01%
      0.01%
    • L'Oréal SA
      0.01%
      0.01%
    • The Dow Chemical Co.
      0.01%
      0.01%
    • The Sherwin-Williams Co.
      0.01%
      0.01%
  • Human Rights Violations

    • 0.74%
    • Rio Tinto
      0.12%
      0.12%
    • UBS
      0.11%
      0.11%
    • Wells Fargo
      0.10%
      0.10%
    • 0.08%
    • General Motors
      0.07%
      0.07%
    • Nestlé
      0.07%
      0.07%
    • 0.03%
    • Caterpillar
      0.02%
      0.02%
    • Holcim
      0.02%
      0.02%
    • 0.02%
    • Petrobras
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Zijin Mining
      0.02%
      0.02%
    • Petrochina Co Ltd
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Saudi Aramco
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • 0.01%
  • Fossil Fuels

    • Contact Energy Ltd.
      0.87%
      1.5°C
      This company is on a 1.5°C pathway
      0.87%
    • Engie SA
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • National Grid PLC
      0.16%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.16%
    • BP
      0.14%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.14%
    • Itochu Corp.
      0.12%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.12%
    • Nextera Energy, Inc.
      0.12%
      0.12%
    • Rio Tinto
      0.12%
      0.12%
    • American Electric Power Co., Inc.
      0.11%
      0.11%
    • Atmos Energy Corp.
      0.10%
      0.10%
    • Duke Energy Corp
      0.09%
      0.09%
    • Aker BP Asa
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • BHP
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Dominion Energy, Inc.
      0.07%
      0.07%
    • Exxon Mobil Corp.
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • Xcel Energy, Inc.
      0.07%
      0.07%
    • Edp-Energias De Portugal SA
      0.06%
      1.5°C
      This company is on a 1.5°C pathway
      0.06%
    • Enbridge, Inc.
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Enel
      0.06%
      1.5°C
      This company is on a 1.5°C pathway
      0.06%
    • Pg&E Corp
      0.06%
      0.06%
    • Totalenergies Se
      0.06%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.06%
    • Consolidated Edison, Inc.
      0.05%
      0.05%
    • Energy Transfer Lp
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Eni Spa
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Korea Electric Power Corporation (Kepco)
      0.05%
      0.05%
    • OMV AG
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Targa Resources Corp.
      0.05%
      0.05%
    • Chevron Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Occidental Petroleum Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Pinnacle West Capital Corp.
      0.04%
      0.04%
    • The Williams Cos., Inc.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • Cez As
      0.03%
      0.03%
    • Conocophillips
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Diamondback Energy, Inc.
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Fairfax Financial Holdings Ltd.
      0.03%
      0.03%
    • Mplx Lp
      0.03%
      0.03%
    • Oneok, Inc.
      0.03%
      0.03%
    • Portland General Electric Co.
      0.03%
      0.03%
    • Rwe AG
      0.03%
      0.03%
    • Sempra Energy
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Snam Spa
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Vår Energi Asa
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Barrick Gold
      0.02%
      0.02%
    • Canadian Natural Resources Ltd.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Centerpoint Energy, Inc.
      0.02%
      0.02%
    • Cheniere Energy, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Constellation Energy Corp.
      0.02%
      0.02%
    • Enterprise Products Partners Lp
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Ep Infrastructure As
      0.02%
      0.02%
    • Galaxy Pipeline Assets Bidco Ltd.
      0.02%
      0.02%
    • 0.02%
    • Jefferies
      0.02%
      0.02%
    • Kinder Morgan, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • National Grid North America, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Nrg Energy, Inc.
      0.02%
      0.02%
    • Petrobras
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Repsol
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Suncor Energy, Inc.
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Vier Gas Transport Gmbh
      0.02%
      0.02%
    • Western Midstream Partners Lp
      0.02%
      0.02%
    • Wintershall Dea
      0.02%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.02%
    • Électricité De France SA
      0.02%
      0.02%
    • Cenovus Energy, Inc.
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Channel Infrastructure
      0.01%
      0.01%
    • Equinor Asa
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • PT Astra International Tbk
      0.01%
      0.01%
    • Pacificorp.
      0.01%
      0.01%
    • Petrochina Co Ltd
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • Saudi Aramco
      0.01%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.01%
    • The Southern Co.
      0.01%
      0.01%
    • The Weir Group PLC
      0.01%
      0.01%
  • Weapons

    • Amphenol Corp.
      0.19%
      0.19%
    • Mtu Aero Engines AG
      0.17%
      0.17%
    • Dassault Aviation SA
      0.07%
      0.07%
    • Rheinmetall AG
      0.07%
      0.07%
    • Howmet Aerospace, Inc.
      0.01%
      0.01%
    • Teledyne Technologies, Inc.
      0.01%
      0.01%
    • 0.01%
    • Transdigm Group, Inc.
      0.01%
      0.01%
  • Environmental Harm

    • Duke Energy Corp
      0.09%
      0.09%
    • BHP
      0.07%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.07%
    • PepsiCo
      0.07%
      0.07%
    • Coca-Cola
      0.06%
      0.06%
    • Pg&E Corp
      0.06%
      0.06%
    • Energy Transfer Lp
      0.05%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.05%
    • Chevron Corp.
      0.04%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.04%
    • 0.03%
    • Danone
      0.03%
      0.03%
    • 0.03%
    • Shell
      0.03%
      !!
      This company is expanding their fossil fuel production and
      is off track with the UN target to limit global temperature
      rise to 1.5°C
      0.03%
    • Archer-Daniels Midland
      0.02%
      0.02%
    • Barrick Gold
      0.02%
      0.02%
    • Bayer
      0.02%
      0.02%
    • FMC Corp.
      0.02%
      0.02%
    • Mondelez
      0.02%
      0.02%
    • Nutrien Ltd.
      0.02%
      0.02%
    • Syngenta
      0.02%
      0.02%
    • Unilever PLC
      0.02%
      0.02%
    • Zijin Mining
      0.02%
      0.02%
    • 3M
      0.01%
      0.01%
    • 0.01%
    • Fonterra
      0.01%
      0.01%
    • PT Astra International Tbk
      0.01%
      0.01%

About this Fund

The fund invests in a wide range of assets which may be suitable for long-term investors who want a diversified investment with exposure to shares, real assets, alternative assets, fixed interest and cash. The fund aims to achieve enhanced longer term returns from the 60% benchmark allocation to growth assets.

Value $57.3M NZD
Period of data report 31st March 2025
Members 1,553
Fund started 1st Oct. 2007
Total annual fund fees 1.2%
Total performance based fees 0.0%
Manager's basic fee 1.12%
Other management and administration charges 0.08%
Total other charges 23.4
Total other charges currency NZD

Jeff Ruscoe

Currently: Investment Committee, Member(Chairman) (6 years, 0 months)
Previously: Managing Director, AMP Wealth Management New Zealand (2 years, 11 months)

Mark Ennis

Currently: Investment Committee, Member (4 years, 8 months)
Previously: Managing Director, AdviceFirst Limited (5 years, 1 months)

Justin Boyes*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Retail Customer (2 years, 7 months)

Aaron Klee*

Currently: Investment Committee, Member (0 years, 3 months)
Previously: GM, Investment Management and Services (2 years, 7 months)

Craig Stobo*

Currently: Investment Committee, Independent Member (1 years, 5 months)
Previously: Chairman, Financial Markets Authority (0 years, 10 months)

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.

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
2025 4.34% 4.48%
2024 10.86% 9.55%
2023 -2.79% -3.2%
2022 1.34% 1.61%
2021 17.98% 18.01%
2020 -1.40% -3.06%
2019 5.81% 5.42%
2018 5.28% 6.1%
2017 5.86% 6.35%
2016 4.01% 4.84%

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 31st March 2025.

Top 10 Investments

  • Mercer Balanced Portfolio

    New Zealand Fund

    100.0%
Type Target Actual
Cash and Cash Equivalents 4.0% 3.96%
New Zealand Fixed Interest 10.0% 11.29%
International Fixed Interest 26.0% 26.93%
Australasian Equities 13.0% 12.63%
International Equities 41.0% 38.68%
Listed Properties 0.0% 0.43%
Unlisted Properties 3.0% 2.98%
Other 3.0% 3.1%
Commodities 0.0% 0.0%

Investment Mix

How the money in this fund is invested by asset type.

This information has been sourced from the quarterly data that each KiwiSaver fund has filed with Disclose register to 31st March 2025.