Funds

This is a Mindful fund Mercer KiwiSaver Sustainable Moderate Fund

Total Ethical Concerns: 5.35%

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

Companies of Concern

  • Animal Cruelty 1.19%

    • Air Liquide
      0.22%
      0.22%
    • Ecolab, Inc.
      0.20%
      0.20%
    • 0.12%
    • Unilever PLC
      0.08%
      0.08%
    • Givaudan Finance Europe Bv
      0.04%
      0.04%
    • Symrise AG
      0.04%
      0.04%
    • Colgate-Palmolive Co.
      0.03%
      0.03%
    • Hermès International Sca
      0.03%
      0.03%
    • Koninklijke Ahold Delhaize Nv
      0.03%
      0.03%
    • Nomad Foods Ltd
      0.03%
      0.03%
    • Orbia Advance Corp. Sab De Cv
      0.03%
      0.03%
    • The Sherwin-Williams Co.
      0.03%
      0.03%
    • Yara International Asa
      0.03%
      0.03%
    • 3M
      0.02%
      0.02%
    • Church & Dwight Co., Inc.
      0.02%
      0.02%
    • Fmc Corp.
      0.02%
      0.02%
    • Kimberly-Clark Corp.
      0.02%
      0.02%
    • L'Oréal SA
      0.02%
      0.02%
    • Argentum Netherlands Bv
      0.01%
      0.01%
    • Dupont De Nemours
      0.01%
      0.01%
    • Eastman Chemical Co.
      0.01%
      0.01%
    • Henkel AG & Co. Kgaa
      0.01%
      0.01%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
    • The Dow Chemical Co.
      0.01%
      0.01%
  • Human Rights Violations 1.06%

    • 0.32%
    • 0.12%
    • Ubs
      0.09%
      0.09%
    • Nestlé
      0.07%
      0.07%
    • Wells Fargo
      0.05%
      0.05%
    • General Motors
      0.04%
      0.04%
    • 0.04%
    • Caterpillar
      0.03%
      0.03%
    • Holcim
      0.02%
      0.02%
  • Social Harm 0.02%

  • Fossil Fuels 2.8%

    • Contact Energy Ltd.
      0.65%
      1.5°C
      This company is on a 1.5°C pathway
      0.65%
    • Nextera Energy, Inc.
      0.20%
      0.20%
    • National Grid PLC
      0.13%
      !!
      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
      0.13%
    • Channel Infrastructure
      0.10%
      0.10%
    • American Electric Power Co., Inc.
      0.08%
      0.08%
    • Duke Energy Corp
      0.07%
      0.07%
    • Xcel Energy, Inc.
      0.07%
      0.07%
    • Consolidated Edison, Inc.
      0.06%
      0.06%
    • Dominion Energy, Inc.
      0.06%
      0.06%
    • Kinder Morgan, 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%
    • Cheniere Energy, Inc.
      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%
    • Edp-Energias De Portugal SA
      0.05%
      1.5°C
      This company is on a 1.5°C pathway
      0.05%
    • Oneok, Inc.
      0.05%
      0.05%
    • Pg&E Corp
      0.05%
      0.05%
    • Targa Resources Corp.
      0.05%
      0.05%
    • The Williams Cos., Inc.
      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%
    • Atmos Energy Corp.
      0.04%
      0.04%
    • Enel
      0.04%
      1.5°C
      This company is on a 1.5°C pathway
      0.04%
    • Korea Electric Power Corporation (Kepco)
      0.04%
      0.04%
    • National Grid North America, 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%
    • Sempra Energy
      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%
    • Électricité De France SA
      0.04%
      0.04%
    • Enbridge, 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%
    • Engie SA
      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%
    • Pembina Pipeline Corp.
      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%
    • Pinnacle West Capital Corp.
      0.03%
      0.03%
    • Portland General Electric Co.
      0.03%
      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%
    • Western Midstream Partners Lp
      0.03%
      0.03%
    • Algonquin Power & Utilities Corp.
      0.02%
      0.02%
    • Eneos Holdings, Inc.
      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%
    • Galaxy Pipeline Assets Bidco Ltd.
      0.02%
      0.02%
    • Hd Hyundai Co., Ltd.
      0.02%
      0.02%
    • Keyera Corp.
      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%
    • Rwe AG
      0.02%
      0.02%
    • Southern Power Co.
      0.02%
      0.02%
    • The Southern Co.
      0.02%
      0.02%
    • Vier Gas Transport Gmbh
      0.02%
      0.02%
    • Vistra Energy
      0.02%
      0.02%
    • Altagas Ltd.
      0.01%
      0.01%
    • Berkshire Hathaway Energy Co.
      0.01%
      0.01%
    • Constellation Energy Corp.
      0.01%
      0.01%
    • Delta Air Lines, Inc.
      0.01%
      0.01%
    • E.On Se
      0.01%
      0.01%
    • Enbw Energie Baden Württemberg AG
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
    • Enbw International Finance Bv
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
    • Endesa SA
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
    • 0.01%
    • Hess Midstream Lp
      0.01%
      0.01%
    • Jefferies
      0.01%
      0.01%
    • Nederlandse Gasunie Nv
      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%
    • Nisource, Inc.
      0.01%
      0.01%
    • Phillips 66
      0.01%
      0.01%
  • Weapons 0.12%

    • Amphenol Corp.
      0.06%
      0.06%
    • Howmet Aerospace, Inc.
      0.05%
      0.05%
  • Environmental Harm 0.46%

    • Unilever PLC
      0.08%
      0.08%
    • Coca-Cola
      0.07%
      0.07%
    • Duke Energy Corp
      0.07%
      0.07%
    • Pepsico
      0.05%
      0.05%
    • Pg&E Corp
      0.05%
      0.05%
    • 3M
      0.02%
      0.02%
    • Danone
      0.02%
      0.02%
    • Fmc Corp.
      0.02%
      0.02%
    • Mondelez
      0.02%
      0.02%

From the Fund Provider

  • About this fund

    About this Fund

    Invests mainly in defensive assets such as fixed interest and cash, with about 40% invested in growth assets such as shares and real assets. This fund may be suitable for investors who want to invest in a fund with a broad mix of assets and who are comfortable with a higher degree of volatility in returns than can be expected from the Responsible Conservative fund. This fund is managed with reference to environmental, social and governance (ESG) factors and is certified by the Responsible Investment Association of Australasia.

    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 $230M NZD
    Period of data report 31st March 2025
    Members 5,269
    Fund started 18th Feb. 2015
    Total annual fund fees 0.66%
    Total performance based fees 0.0%
    Manager's basic fee 0.59%
    Other management and administration charges 0.07%
    Total other charges 0.0
    Total other charges currency NZD

    Ross Butler

    Currently: Chair - Mercer (N.Z.) Ltd (1 years, 11 months)
    Previously: Director Investments (Australia) Limited (current) (10 years, 4 months)

    Martin Lewington

    Currently: CEO - Mercer (N.Z.) Ltd (16 years, 1 months)
    Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

    Kylie Willment

    Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 5 months)
    Previously: Senior Manager, Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

    Padraig Brown

    Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 10 months)
    Previously: Head of Real Estate Investment Management, Mercer Australia (Pty) Ltd (11 years, 2 months)

    Robert Kavanagh

    Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (11 years, 0 months)
    Previously: Vice President - Account Management PIMCO Australia Pty Limited (7 years, 0 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% 3.72%
    2024 10.86% 7.23%
    2023 -2.79% -1.96%
    2022 1.34% 1.24%
    2021 17.98% 11.55%
    2020 -1.40% -0.74%
    2019 5.81% 4.09%
    2018 5.28% 4.78%
    2017 5.86% 5.12%
    2016 4.01% 3.26%

    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

    • Housing New Zealand Limited Bond 3.36% 12/06/2025

      New Zealand Cash and Equivalents AA-

      2.0%
    • New Zealand Government Bond 3.50% 14/04/2033

      New Zealand Int Fixed Interest AAA

      1.54%
    • New Zealand Government Bond 4.50% 15/05/2035

      New Zealand NZ Fixed Interest AAA

      1.54%
    • New Zealand Government Bond 1.50% 15/05/2031

      New Zealand NZ Fixed Interest AAA

      1.48%
    • Fisher & Paykel Healthcare Corporation Limited

      New Zealand Australasian Equities

      1.47%
    • New Zealand Government Bond 2.75% 15/04/2037

      New Zealand NZ Fixed Interest AAA

      1.43%
    • New Zealand Government Bond 1.75% 15/05/2041

      New Zealand NZ Fixed Interest AAA

      1.36%
    • New Zealand Government Bond 2.00% 15/05/2032

      New Zealand NZ Fixed Interest AAA

      1.36%
    • New Zealand Government Bond 4.25% 15/05/2036

      New Zealand NZ Fixed Interest AAA

      1.29%
    • New Zealand Government Bond 3.0% 20/04/2029

      New Zealand NZ Fixed Interest AAA

      1.27%
    Type Target Actual
    Cash and Cash Equivalents 12.0% 11.74%
    New Zealand Fixed Interest 18.5% 20.09%
    International Fixed Interest 29.5% 30.28%
    Australasian Equities 10.0% 9.6%
    International Equities 24.5% 22.51%
    Listed Properties 0.0% 0.32%
    Unlisted Properties 2.0% 1.88%
    Other 3.5% 3.58%
    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

  • 1.19% Animal Cruelty
  • 1.06% Human Rights Violations
  • 0.02% Social Harm
  • 2.8% Fossil Fuels
  • 0.12% Weapons
  • 0.46% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Air Liquide
      0.22%
      0.22%
    • Ecolab, Inc.
      0.20%
      0.20%
    • 0.12%
    • Unilever PLC
      0.08%
      0.08%
    • Givaudan Finance Europe Bv
      0.04%
      0.04%
    • Symrise AG
      0.04%
      0.04%
    • Colgate-Palmolive Co.
      0.03%
      0.03%
    • Hermès International Sca
      0.03%
      0.03%
    • Koninklijke Ahold Delhaize Nv
      0.03%
      0.03%
    • Nomad Foods Ltd
      0.03%
      0.03%
    • Orbia Advance Corp. Sab De Cv
      0.03%
      0.03%
    • The Sherwin-Williams Co.
      0.03%
      0.03%
    • Yara International Asa
      0.03%
      0.03%
    • 3M
      0.02%
      0.02%
    • Church & Dwight Co., Inc.
      0.02%
      0.02%
    • Fmc Corp.
      0.02%
      0.02%
    • Kimberly-Clark Corp.
      0.02%
      0.02%
    • L'Oréal SA
      0.02%
      0.02%
    • Argentum Netherlands Bv
      0.01%
      0.01%
    • Dupont De Nemours
      0.01%
      0.01%
    • Eastman Chemical Co.
      0.01%
      0.01%
    • Henkel AG & Co. Kgaa
      0.01%
      0.01%
    • International Flavors & Fragrances, Inc.
      0.01%
      0.01%
    • The Dow Chemical Co.
      0.01%
      0.01%
  • Human Rights Violations

    • 0.32%
    • 0.12%
    • Ubs
      0.09%
      0.09%
    • Nestlé
      0.07%
      0.07%
    • Wells Fargo
      0.05%
      0.05%
    • General Motors
      0.04%
      0.04%
    • 0.04%
    • Caterpillar
      0.03%
      0.03%
    • Holcim
      0.02%
      0.02%
  • Fossil Fuels

    • Contact Energy Ltd.
      0.65%
      1.5°C
      This company is on a 1.5°C pathway
      0.65%
    • Nextera Energy, Inc.
      0.20%
      0.20%
    • National Grid PLC
      0.13%
      !!
      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
      0.13%
    • Channel Infrastructure
      0.10%
      0.10%
    • American Electric Power Co., Inc.
      0.08%
      0.08%
    • Duke Energy Corp
      0.07%
      0.07%
    • Xcel Energy, Inc.
      0.07%
      0.07%
    • Consolidated Edison, Inc.
      0.06%
      0.06%
    • Dominion Energy, Inc.
      0.06%
      0.06%
    • Kinder Morgan, 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%
    • Cheniere Energy, Inc.
      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%
    • Edp-Energias De Portugal SA
      0.05%
      1.5°C
      This company is on a 1.5°C pathway
      0.05%
    • Oneok, Inc.
      0.05%
      0.05%
    • Pg&E Corp
      0.05%
      0.05%
    • Targa Resources Corp.
      0.05%
      0.05%
    • The Williams Cos., Inc.
      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%
    • Atmos Energy Corp.
      0.04%
      0.04%
    • Enel
      0.04%
      1.5°C
      This company is on a 1.5°C pathway
      0.04%
    • Korea Electric Power Corporation (Kepco)
      0.04%
      0.04%
    • National Grid North America, 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%
    • Sempra Energy
      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%
    • Électricité De France SA
      0.04%
      0.04%
    • Enbridge, 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%
    • Engie SA
      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%
    • Pembina Pipeline Corp.
      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%
    • Pinnacle West Capital Corp.
      0.03%
      0.03%
    • Portland General Electric Co.
      0.03%
      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%
    • Western Midstream Partners Lp
      0.03%
      0.03%
    • Algonquin Power & Utilities Corp.
      0.02%
      0.02%
    • Eneos Holdings, Inc.
      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%
    • Galaxy Pipeline Assets Bidco Ltd.
      0.02%
      0.02%
    • Hd Hyundai Co., Ltd.
      0.02%
      0.02%
    • Keyera Corp.
      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%
    • Rwe AG
      0.02%
      0.02%
    • Southern Power Co.
      0.02%
      0.02%
    • The Southern Co.
      0.02%
      0.02%
    • Vier Gas Transport Gmbh
      0.02%
      0.02%
    • Vistra Energy
      0.02%
      0.02%
    • Altagas Ltd.
      0.01%
      0.01%
    • Berkshire Hathaway Energy Co.
      0.01%
      0.01%
    • Constellation Energy Corp.
      0.01%
      0.01%
    • Delta Air Lines, Inc.
      0.01%
      0.01%
    • E.On Se
      0.01%
      0.01%
    • Enbw Energie Baden Württemberg AG
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
    • Enbw International Finance Bv
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
    • Endesa SA
      0.01%
      1.5°C
      This company is on a 1.5°C pathway
      0.01%
    • 0.01%
    • Hess Midstream Lp
      0.01%
      0.01%
    • Jefferies
      0.01%
      0.01%
    • Nederlandse Gasunie Nv
      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%
    • Nisource, Inc.
      0.01%
      0.01%
    • Phillips 66
      0.01%
      0.01%
  • Weapons

    • Amphenol Corp.
      0.06%
      0.06%
    • Howmet Aerospace, Inc.
      0.05%
      0.05%
  • Environmental Harm

    • Unilever PLC
      0.08%
      0.08%
    • Coca-Cola
      0.07%
      0.07%
    • Duke Energy Corp
      0.07%
      0.07%
    • Pepsico
      0.05%
      0.05%
    • Pg&E Corp
      0.05%
      0.05%
    • 3M
      0.02%
      0.02%
    • Danone
      0.02%
      0.02%
    • Fmc Corp.
      0.02%
      0.02%
    • Mondelez
      0.02%
      0.02%

About this Fund

Invests mainly in defensive assets such as fixed interest and cash, with about 40% invested in growth assets such as shares and real assets. This fund may be suitable for investors who want to invest in a fund with a broad mix of assets and who are comfortable with a higher degree of volatility in returns than can be expected from the Responsible Conservative fund. This fund is managed with reference to environmental, social and governance (ESG) factors and is certified by the Responsible Investment Association of Australasia.

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 $230M NZD
Period of data report 31st March 2025
Members 5,269
Fund started 18th Feb. 2015
Total annual fund fees 0.66%
Total performance based fees 0.0%
Manager's basic fee 0.59%
Other management and administration charges 0.07%
Total other charges 0.0
Total other charges currency NZD

Ross Butler

Currently: Chair - Mercer (N.Z.) Ltd (1 years, 11 months)
Previously: Director Investments (Australia) Limited (current) (10 years, 4 months)

Martin Lewington

Currently: CEO - Mercer (N.Z.) Ltd (16 years, 1 months)
Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

Kylie Willment

Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 5 months)
Previously: Senior Manager, Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

Padraig Brown

Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 10 months)
Previously: Head of Real Estate Investment Management, Mercer Australia (Pty) Ltd (11 years, 2 months)

Robert Kavanagh

Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (11 years, 0 months)
Previously: Vice President - Account Management PIMCO Australia Pty Limited (7 years, 0 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% 3.72%
2024 10.86% 7.23%
2023 -2.79% -1.96%
2022 1.34% 1.24%
2021 17.98% 11.55%
2020 -1.40% -0.74%
2019 5.81% 4.09%
2018 5.28% 4.78%
2017 5.86% 5.12%
2016 4.01% 3.26%

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

  • Housing New Zealand Limited Bond 3.36% 12/06/2025

    New Zealand Cash and Equivalents AA-

    2.0%
  • New Zealand Government Bond 3.50% 14/04/2033

    New Zealand Int Fixed Interest AAA

    1.54%
  • New Zealand Government Bond 4.50% 15/05/2035

    New Zealand NZ Fixed Interest AAA

    1.54%
  • New Zealand Government Bond 1.50% 15/05/2031

    New Zealand NZ Fixed Interest AAA

    1.48%
  • Fisher & Paykel Healthcare Corporation Limited

    New Zealand Australasian Equities

    1.47%
  • New Zealand Government Bond 2.75% 15/04/2037

    New Zealand NZ Fixed Interest AAA

    1.43%
  • New Zealand Government Bond 1.75% 15/05/2041

    New Zealand NZ Fixed Interest AAA

    1.36%
  • New Zealand Government Bond 2.00% 15/05/2032

    New Zealand NZ Fixed Interest AAA

    1.36%
  • New Zealand Government Bond 4.25% 15/05/2036

    New Zealand NZ Fixed Interest AAA

    1.29%
  • New Zealand Government Bond 3.0% 20/04/2029

    New Zealand NZ Fixed Interest AAA

    1.27%
Type Target Actual
Cash and Cash Equivalents 12.0% 11.74%
New Zealand Fixed Interest 18.5% 20.09%
International Fixed Interest 29.5% 30.28%
Australasian Equities 10.0% 9.6%
International Equities 24.5% 22.51%
Listed Properties 0.0% 0.32%
Unlisted Properties 2.0% 1.88%
Other 3.5% 3.58%
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.