Mercer Flexisaver Cash Fund
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 | $3.6M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 9th Oct. 2015 |
| Total annual fund fees | 0.44% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.28% |
| Other management and administration charges | 0.16% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 8 months)
|
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (15 years, 10 months)
|
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 2 months)
|
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 7 months)
|
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (10 years, 9 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 | 3.59% | 3.87% |
| 2023 | -0.79% | 2.1% |
| 2022 | -2.46% | 0.17% |
| 2021 | 2.15% | 0.04% |
| 2020 | 1.75% | 0.82% |
| 2019 | 2.76% | 1.22% |
| 2018 | 1.94% | 1.09% |
| 2017 | 1.52% | 1.2% |
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 fund has filed with Disclose register to 31st Dec. 2024.
Housing New Zealand Limited Bond 3.36% 12/06/2025
New Zealand Cash and Equivalents AAA
New Zealand Local Government Funding Agency Bond 2.75% 15/04/2025
New Zealand Cash and Equivalents AAA
Westpac New Zealand Limited
New Zealand Cash and Equivalents AA-
Bank Of New Zealand Limited Bond 2.16% 29/01/2025
New Zealand Cash and Equivalents AA-
Bank Of New Zealand Limited
New Zealand Cash and Equivalents AA-
Industrial and Commercial Bank Of China Rcd Maturing 24/04/2025
New Zealand Cash and Equivalents A
Auckland Council Promissory Note 17/04/2025
New Zealand Cash and Equivalents AA
Transpower New Zealand Limited Promissory Note 26/08/2025
New Zealand Cash and Equivalents AA
Auckland Council Promissory Note 17/01/2025
New Zealand Cash and Equivalents AA
ANZ Bank New Zeland Limited Rcd Maturing 20/10/2025
New Zealand Cash and Equivalents AA-
| 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% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
This data is compiled by Mindful Money from the fund information and portfolios
that each
fund has
filed with the Disclose register to 30th Sept. 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.
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 | $3.6M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 9th Oct. 2015 |
| Total annual fund fees | 0.44% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.28% |
| Other management and administration charges | 0.16% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 8 months)
|
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (15 years, 10 months)
|
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 2 months)
|
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 7 months)
|
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (10 years, 9 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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 | 3.59% | 3.87% |
| 2023 | -0.79% | 2.1% |
| 2022 | -2.46% | 0.17% |
| 2021 | 2.15% | 0.04% |
| 2020 | 1.75% | 0.82% |
| 2019 | 2.76% | 1.22% |
| 2018 | 1.94% | 1.09% |
| 2017 | 1.52% | 1.2% |
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 fund has filed with Disclose register to 31st Dec. 2024.
Housing New Zealand Limited Bond 3.36% 12/06/2025
New Zealand Cash and Equivalents AAA
New Zealand Local Government Funding Agency Bond 2.75% 15/04/2025
New Zealand Cash and Equivalents AAA
Westpac New Zealand Limited
New Zealand Cash and Equivalents AA-
Bank Of New Zealand Limited Bond 2.16% 29/01/2025
New Zealand Cash and Equivalents AA-
Bank Of New Zealand Limited
New Zealand Cash and Equivalents AA-
Industrial and Commercial Bank Of China Rcd Maturing 24/04/2025
New Zealand Cash and Equivalents A
Auckland Council Promissory Note 17/04/2025
New Zealand Cash and Equivalents AA
Transpower New Zealand Limited Promissory Note 26/08/2025
New Zealand Cash and Equivalents AA
Auckland Council Promissory Note 17/01/2025
New Zealand Cash and Equivalents AA
ANZ Bank New Zeland Limited Rcd Maturing 20/10/2025
New Zealand Cash and Equivalents AA-
| 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% |
How the money in this fund is invested by asset type.
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
