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Mercer Shares Fund

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Mindful Fund
Type: Aggressive fund
Past Returns: 3.28%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.11%

Annual fees, including any membership and % management fee.

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.

Fossil Fuel

Rubis Eur1.25 0.27%
BHP Group Plc 0.16%
Total Sa 0.11%
Engie Aug5 0.10%
Clp Holdings Limited Hkd 0.10%
BHP Group Limited Ordinary Fully Paid 0.09%
Snam Spa 0.07%
Royal Dutch Shell Plc-B Shs 0.07%
Kirby Corp 0.07%
Lyondellbasell Industries 0.06%
Eog Resources Inc 0.06%
China Petroleum & Chemical 0.05%
Anglo American Plc 0.05%
Phillips 66 Com Usd0.01 0.05%
Suez 0.05%
Gazprom Pjsc Spon Adr 0.05%
Enterprise Products Partners Lp 0.05%
Exxon Mobil Corporation 0.04%
Petrochina Co Ltd H 0.04%
Valero Energy Corp 0.04%
Teekay Lng Partners Lp 0.04%
Royal Dutch Shell Plc - A Shares 0.04%
Nextera Energy Partners Lp 0.04%
Atco Ltd 0.04%
Oao Gazprom Spon Adr Reg S 0.04%
Novatek Pjsc 0.03%
Hokkaido Electric Power Co 0.03%
Omv Ag 0.03%
Cnooc Ltd 0.03%
Dte Energy Co USD 0.03%
Petroleo Brasileiro Petrobras Sa 0.03%
Repsol Sa 0.03%
Shikoku Electric Power Company Incorpora 0.03%
Energy Transfer Eq Com Units Rep Ltd Ptn 0.03%
Chevron Corp 0.03%
Sm Energy Company 0.03%
Idemitsu Kosan Co Ltd 0.03%
Eni Spa 0.02%
Wpx Energy Inc Com 0.02%
Ptt Public Company Thb10 0.02%
Tenaga Nasional Berhad 0.02%
Canadian Utilities Ltd A 0.02%
Kunlun Energy Company Limited 0.02%
Marathon Petrol Com 0.02%
Tatneft Pjsc Ads 0.02%
Woodside Petroleum Ltd 0.02%
Equinor Asa 0.02%
Royal Dutch Shell Plc-A Shs 0.02%
Gs Holdings Corp 0.02%
Engie Brasil Energia Sa 0.01%
Enagas 0.01%
Geopark Ltd 0.01%
Golar Lng Partners Lp Units 0.01%
Inpex Corporation 0.01%
Anglo American Platinum Limited 0.01%
Sunoco Lp 0.01%
Petronas Gas Berhad 0.01%
Allete Inc 0.01%
Tc Pipelines Lp 0.01%
Anglo American Plc (Sa Line) 0.01%
Misc Bhd 0.01%
Public Power Corp 0.01%

Weapons

Raytheon Company 0.14%
Axon Enterprise I Com USD 0.00001 0.05%
Caci International Inc - Class A 0.02%
Rheinmetall Ag 0.02%

Gambling

Skycity Entertainment Group Limited 0.27%
Churchill Downs Incorporated 0.03%
Sands China Limited 0.03%
Evolution Gaming Group Ab 0.03%
Playtech Ord Npv 0.02%

Alcohol

Pernod-Ricard Sa 0.16%
Diageo Ord 28 101/108P 0.13%
Carlsberg As - B 0.11%
Want Want China Holdings Ltd 0.03%
Constellation Brands Inc-A 0.03%
Metcash Limited 0.02%
Tsingtao Brewery Company Limited 0.02%
Brown Forman Corp 0.02%
Ambev Sa Com Npv 0.02%
Beijing Enterprises Holdings Limited 0.01%
Wuliangye Yibin Co Ltd 0.01%
Shanxi Xinghuacun Fen Wine Factory Co Ltd 0.01%

Palm Oil

GMOs

Novartis Ag - Chf0.50 (Regd) 0.83%
Bayer Ag 0.04%
Novartis Adr Sponsored 0.04%
Basf Se 0.03%
Novozymes A/S Ser`B`Dkk2 0.03%

Human Rights & Environmental Violations

Johnson & Johnson Com US$1 0.48%
Nestle Sa 0.23%
Rio Tinto Limited 0.22%
BHP Group Plc 0.16%
Rio Tinto Plc Ord 10P Gbp 0.14%
BHP Group Limited Ordinary Fully Paid 0.09%
Royal Dutch Shell Plc-B Shs 0.07%
Vale Sa 0.06%
Petrochina Co Ltd H 0.04%
Rio Tinto Plc 0.04%
Royal Dutch Shell Plc - A Shares 0.04%
Tokyo Electric Power Company Holdings Incorporated 0.04%
Petroleo Brasileiro Petrobras Sa 0.03%
Chevron Corp 0.03%
Centerra Gold Inc 0.03%
Royal Dutch Shell Plc-A Shs 0.02%
Jbs Sa 0.01%

Animal Testing

Johnson & Johnson Com US$1 0.480%
Coca Cola Co USD 0.270%
Procter & Gamble Company 0.270%
Nestle Sa 0.230%
Pepsico Inc Cap US$0.01 2/3 0.220%
Glaxosmithkline Plc 0.140%
Reckitt Benckiser Group Plc 0.130%
Colgate Palmolive Usd1 0.100%
Royal Dutch Shell Plc-B Shs 0.070%
Unilever Plc 0.070%
Kimberly Clark Corp Com Usd1.25 0.060%
Walgreens Boots Al Com Usd0.01 0.060%
Unilever Nv 0.050%
Usana Helath Sciences Inc 0.050%
Albermarle Corp 0.050%
Unilever Nv Eur0.16 0.050%
Clorox Co Del 0.040%
Royal Dutch Shell Plc - A Shares 0.040%
Bayer Ag 0.040%
L'Oreal 0.040%
Kimberly Clark De Mexico A 0.030%
Orica Limited 0.030%
Basf Se 0.030%
Henkel Ag & Co Kgaa 0.030%
Chevron Corp 0.030%
Mitsui Chemicals Inc 0.030%
Novozymes A/S Ser`B`Dkk2 0.030%
Henkel Ag & Co Kgaa Non Vtg Pref 0.020%
Victrex Plc 0.020%
Kikkoman Corporation Jpy 0.020%
Nu Skin Enterprises Inc - Class A 0.020%
Ppg Industries Inc 0.020%
Church & Dwight Co 0.020%
Royal Dutch Shell Plc-A Shs 0.020%
Coca-Cola Femsa S.Units 0.020%
Coca Cola Femsa Sab De Cv 0.010%
Bic 0.010%
Solvay Sa Belgian Bef 0.010%
Estee Lauder Companies 0.010%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue June 30th 2020 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 and research organisations.

A summary of this fund and its details.

Number FND45
Name Mercer Shares Fund
Risk profile Aggressive fund
Description Invests almost entirely in the share market. May be suitable for investors seeking exposure mostly to shares and who are comfortable with a high level of volatility in returns.
Value $3.1M NZD
Members Not provided
Market index description The market index return is the strategic asset allocation weighted benchmark index return where the benchmark indices are defined in the Statement of Investment Policy and Objectives. Additional information about the market index is available on the offer register.
Period of data report Tue June 30th 2020
Fund started Fri Oct. 9th 2015
Three-year average return 3.28%
Market index past year return -6.36%
Past year return net of charges and tax -7.29%
Past year return net of charges gross of tax -7.71%
Market index return since fund started 7.06%
Return since fund started net 4.41%
Total annual fund fees 1.11%
Total performance based fees 0.0%
Manager's basic fee 0.89%
Administration charges 0.22%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

  • Kristen Kohere-Soutar

    Currently: Chair - Mercer (N.Z.) Ltd (0 years, 4 months)
    Previously: Director - Mercer (N.Z.) Ltd (current) (2 years, 7 months)

  • Kylie Willment

    Currently: Chief Investment Officer Pacific Mercer Australia (Pty) Ltd (2 years, 5 months)
    Previously: Senior Manager Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

  • Martin Lewington

    Currently: CEO - Mercer (N.Z.) Ltd (11 years, 1 months)
    Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

  • Philip Houghton-Brown

    Currently: Chief Investment Officer - New Zealand Mercer (N.Z.) Ltd (7 years, 8 months)
    Previously: Chief Investment Officer - OnePath (NZ) Ltd (5 years, 3 months)

  • Ronan Mccabe

    Currently: Head of Portfolio Management Delegated Solutions Pacific Mercer Australia (Pty) Ltd (1 years, 0 months)
    Previously: Senior Investment Manager - Ireland Strategic Investment Fund (ISIF) (3 years, 7 months)

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 30th 2020.

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
2020 -7.57% -7.29%
2019 10.01% 6.32%
2018 7.40% 10.81%
2017 9.64% 11.86%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    3.63%
  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    3.62%
  • BNP Paribas New Zealand Dollar Account
    New Zealand International Equities NA
    2.16%
  • AMP Capital Investors NZ Cash Fund
    New Zealand Cash and Equivalents
    1.83%
  • BNP Paribas US Dollar Account
    United States International Equities
    1.67%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.61%
  • Microsoft Corp.
    United States International Equities
    1.4%
  • Contact Energy Limited
    New Zealand Australasian Equities
    1.39%
  • Mainfreight Limited
    New Zealand Australasian Equities
    1.2%
  • Westpac Business Interest Account
    New Zealand Cash and Equivalents AA-
    1.1%

This information has been sourced from the quarterly data that each fund has filed with Disclose register 30 June 2020 .

How the money in this fund is invested against the fund's targets.

Target

Actual


Type Target Actual
Cash and Cash Equivalents 0.0% 3.56%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 26.0% 24.04%
International Equities 74.0% 72.4%
Listed Properties 0.0% 0.0%
Unlisted Properties 0.0% 0.0%
Other 0.0% 0.0%
Commodities 0.0% 0.0%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30 June 2020 .

Does this fund have a policy to exclude any industries from its investments? The first column shows if the fund has a policy to exclude the issue. The second column shows if there are any current investments (source: Mindful Money research).

The Fund may have investments that are not consistent with their exclusions policy because they are still in the process of implementing their policy.

  • Issue of concern
    Does this fund say it excludes this?
    Actual holdings
  • Adult Entertainment/Pornography:
    0.00%
  • Alcohol:
    0.64%
  • Animal Testing:
    2.90%
  • Fossil Fuels:
    2.72%
  • Gambling:
    0.40%
  • GMOs:
    0.96%
  • Human Rights & Environmental Violations:
    1.75%
  • Palm Oil:
    0.01%
  • Tobacco:
    0.00%
  • Weapons:
    0.26%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue June 30th 2020 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 and research organisations.

Note that the fund’s intended exclusions may not be consistent with the analysis of the portfolio because of timing issues or because there are companies of concern in indirect investments by the fund.

Note that many funds exclude controversial weapons. However, the category of Weapons used in this analysis is broader in scope, covering all munitions, firearms and military weapons.

In their own words: "Invests almost entirely in the share market. May be suitable for investors seeking exposure mostly to shares and who are comfortable with a high level of volatility in returns."

Download the fund's disclosure statement and portfolio holdings.

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Before investing, consider your investment aims, your values and your risk preferences. You should read the Product Disclosure Statement for the investment fund carefully. It contains the fund’s investment objectives, risks, fees and other information which you should know before investing. This website has a list of the advisers that are registered with the Responsible Investment Association of Australasia. You should contact an investment adviser before investing if you have questions or if you are unclear about the implications of your investment decision.