Funds
Mercer Flexisaver 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 fund has
filed with the Disclose register to 31st March 2023 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.
| Value | $3.7M NZD |
| Period of data report | 30th June 2023 |
| Fund started | 9th Oct. 2015 |
| Total annual fund fees | 0.43% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.28% |
| Other management and administration charges | 0.15% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
Key Personnel
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (0 years, 2 months) |
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (14 years, 4 months) |
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (5 years, 8 months) |
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (1 years, 1 months) |
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (9 years, 3 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th June 2023.
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 |
|---|---|---|
| 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 30th June 2023.
Top 10 Investments
-
Bank Of New Zealand - Cash Account
New Zealand Cash and Equivalents AA-3.76% -
ANZ Bank New Zealand Limited Rcd Maturing 19/09/2023
New Zealand Cash and Equivalents AA-3.52% -
Westpac New Zealand Limited Rcd Maturing 10/08/2023
New Zealand Cash and Equivalents AA-3.43% -
Westpac New Zealand Limited Rcd Maturing 26/09/2023
Norway Cash and Equivalents AA-3.4% -
ASB Bank Limited Bond 3.31% Maturing 07/09/2023
New Zealand Cash and Equivalents AA-3.12% -
New Zealand Local Government Treasury Bill 28/11/2023
New Zealand Cash and Equivalents AAA2.81% -
Toyota Finance New Zeland Limited Promissory Note Maturing 07/09/2023
New Zealand Cash and Equivalents A+2.5% -
ANZ Bank New Zealand Limited Term Deposit 4.93% Maturing 22/09/2023
New Zealand Cash and Equivalents AA-2.39% -
China Construction Bank Term Deposit 6.07% Maturing 20/07/2023
New Zealand Cash and Equivalents A2.33% -
Industrial and Commercial Bank Of China Rcd Maturing 20/07/2023
New Zealand Cash and Equivalents A2.29%
| 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 fund has filed with Disclose register to 30th June 2023.