Funds

This is a Mindful fund Mercer Shares Fund

Total Ethical Concerns: 11.82%

The average total concerns of all managed aggressive funds is 12.02%.

Companies of Concern

  • Animal Cruelty 2.24%

    • Koninklijke Ahold Delhaize Nv
      0.35%
      0.35%
    • Exxon Mobil Corp.
      0.20%
      !!
      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
      0.20%
    • 0.15%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Hermès International Sca
      0.10%
      0.10%
    • Colgate-Palmolive Co.
      0.09%
      0.09%
    • Shell
      0.08%
      !!
      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
      0.08%
    • Tyson Foods Inc
      0.08%
      0.08%
    • Eni Spa
      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%
    • Unilever PLC
      0.06%
      0.06%
    • Air Liquide
      0.04%
      0.04%
    • Ecolab, Inc.
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • L'Oréal SA
      0.03%
      0.03%
    • The Sherwin-Williams Co.
      0.03%
      0.03%
    • Basf Se
      0.02%
      0.02%
    • Corteva, Inc.
      0.02%
      0.02%
    • Givaudan SA
      0.02%
      0.02%
    • Kimberly-Clark Corp.
      0.02%
      0.02%
    • Otsuka Holdings Co., Ltd.
      0.02%
      0.02%
    • Shin-Etsu Chemical Co., Ltd.
      0.02%
      0.02%
    • Dupont De Nemours
      0.01%
      0.01%
    • Jbs S.A.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Sabic
      0.01%
      0.01%
  • Human Rights Violations 2.9%

    • 1.38%
    • Rio Tinto
      0.23%
      0.23%
    • 0.15%
    • Nestlé
      0.10%
      0.10%
    • Wells Fargo
      0.09%
      0.09%
    • 0.07%
    • 0.06%
    • Caterpillar
      0.06%
      0.06%
    • Petrobras
      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%
    • Ubs
      0.05%
      0.05%
    • General Motors
      0.04%
      0.04%
    • Petrochina Co Ltd
      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%
    • Saudi Aramco
      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%
    • Zijin Mining
      0.04%
      0.04%
    • Holcim
      0.02%
      0.02%
    • Glencore
      0.01%
      0.01%
  • Social Harm 0.78%

  • Fossil Fuels 5.24%

    • Contact Energy Ltd.
      1.78%
      1.5°C
      This company is on a 1.5°C pathway
      1.78%
    • Rio Tinto
      0.23%
      0.23%
    • Engie SA
      0.22%
      !!
      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
      0.22%
    • Exxon Mobil Corp.
      0.20%
      !!
      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
      0.20%
    • Itochu Corp.
      0.20%
      !!
      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
      0.20%
    • Atmos Energy Corp.
      0.16%
      0.16%
    • BHP
      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
      0.15%
      !!
      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
      0.15%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Shell
      0.08%
      !!
      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
      0.08%
    • OMV AG
      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%
    • Eni Spa
      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%
    • Nextera Energy, Inc.
      0.06%
      0.06%
    • Conocophillips
      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%
    • Enbridge, 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%
    • 0.05%
    • Petrobras
      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%
    • Totalenergies Se
      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%
    • Barrick Gold
      0.04%
      0.04%
    • Duke Energy Corp
      0.04%
      0.04%
    • Petrochina Co Ltd
      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%
    • Repsol
      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%
    • Saudi Aramco
      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%
    • The Southern Co.
      0.04%
      0.04%
    • Channel Infrastructure
      0.03%
      0.03%
    • Enel
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • Eog Resources, 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%
    • Pt Astra International Tbk
      0.03%
      0.03%
    • Suncor 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%
    • Targa Resources Corp.
      0.03%
      0.03%
    • The Williams Cos., 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%
    • American Electric Power Co., Inc.
      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%
    • 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%
    • Dominion Energy, Inc.
      0.02%
      0.02%
    • Enn Clean Energy International Investment Ltd.
      0.02%
      0.02%
    • Equinor Asa
      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%
    • Franco-Nevada Corp.
      0.02%
      0.02%
    • Hess 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%
    • 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%
    • Loews Corp.
      0.02%
      0.02%
    • Marathon Petroleum Corp.
      0.02%
      0.02%
    • Mitsubishi 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%
    • Mitsui & Co., 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%
    • National Grid PLC
      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%
    • Oneok, Inc.
      0.02%
      0.02%
    • Phillips 66
      0.02%
      0.02%
    • Sempra Energy
      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%
    • Tc Energy 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%
    • Vale SA
      0.02%
      0.02%
    • Valero Energy Corp.
      0.02%
      0.02%
    • Vistra Energy
      0.02%
      0.02%
    • Xcel Energy, Inc.
      0.02%
      0.02%
    • Acwa Power
      0.01%
      0.01%
    • Ameren Corp.
      0.01%
      0.01%
    • 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%
    • Consolidated Edison, Inc.
      0.01%
      0.01%
    • Dassault Systèmes Se
      0.01%
      0.01%
    • Diamondback 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%
    • Dte Energy Co.
      0.01%
      0.01%
    • E.On Se
      0.01%
      0.01%
    • Entergy Corp.
      0.01%
      0.01%
    • Eqt Corp.
      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%
    • Fairfax Financial Holdings Ltd.
      0.01%
      0.01%
    • Glencore
      0.01%
      0.01%
    • Hanwha Corp.
      0.01%
      0.01%
    • Hd Hyundai Co., Ltd.
      0.01%
      0.01%
    • Japan Petroleum Exploration 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%
    • Occidental Petroleum Corp.
      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 Aneka Tambang Tbk
      0.01%
      0.01%
    • Petron Corp.
      0.01%
      0.01%
    • Pg&E Corp
      0.01%
      0.01%
    • Ppl Corp.
      0.01%
      0.01%
    • Texas Pacific Land Corp.
      0.01%
      0.01%
    • Wec Energy Group, Inc.
      0.01%
      0.01%
  • Weapons 0.94%

    • Amphenol Corp.
      0.30%
      0.30%
    • Mtu Aero Engines AG
      0.27%
      0.27%
    • Rheinmetall AG
      0.13%
      0.13%
    • Dassault Aviation SA
      0.11%
      0.11%
    • Howmet Aerospace, Inc.
      0.03%
      0.03%
    • Transdigm Group, Inc.
      0.03%
      0.03%
    • Daikin Industries Ltd.
      0.01%
      0.01%
    • Hanwha Corp.
      0.01%
      0.01%
  • Environmental Harm 1.32%

    • BHP
      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%
    • Pepsico
      0.15%
      0.15%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Coca-Cola
      0.11%
      0.11%
    • 0.08%
    • Shell
      0.08%
      !!
      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
      0.08%
    • Unilever PLC
      0.06%
      0.06%
    • 0.05%
    • Mondelez
      0.05%
      0.05%
    • Barrick Gold
      0.04%
      0.04%
    • Duke Energy Corp
      0.04%
      0.04%
    • Zijin Mining
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Archer-Daniels Midland
      0.03%
      0.03%
    • Pt Astra International Tbk
      0.03%
      0.03%
    • Basf Se
      0.02%
      0.02%
    • Corteva, Inc.
      0.02%
      0.02%
    • Danone
      0.02%
      0.02%
    • Fonterra
      0.02%
      0.02%
    • Mitsubishi 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%
    • Vale SA
      0.02%
      0.02%
    • Yunnan Baiyao Group Co Ltd
      0.02%
      0.02%
    • Glencore
      0.01%
      0.01%
    • Jbs S.A.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Pg&E Corp
      0.01%
      0.01%
    • 0.01%

From the Fund Provider

  • About this fund

    About this Fund

    Invests almost entirely in shares. May be suitable for investors seeking exposure mostly to shares and who are comfortable with a high level of volatility in returns.

    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 $7.96M NZD
    Period of data report 31st March 2025
    Fund started 9th Oct. 2015
    Total annual fund fees 1.08%
    Total performance based fees 0.0%
    Manager's basic fee 0.91%
    Other management and administration charges 0.17%
    Total other charges 0.0
    Total other charges currency NZD

    Ross Butler

    Currently: Chair - Mercer (N.Z.) Ltd (1 years, 11 months)
    Previously: Director - Mercer Investments (Australia) Limited (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 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 4.07% 5.57%
    2024 15.78% 16.17%
    2023 -4.85% -2.46%
    2022 3.53% 1.03%
    2021 35.55% 36.18%
    2020 -7.06% -7.29%
    2019 10.17% 6.32%
    2018 7.53% 10.81%
    2017 9.49% 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 31st March 2025.

  • Investments

    Top 10 Investments

    • Fisher & Paykel Healthcare Corporation Limited

      New Zealand Australasian Equities

      3.96%
    • Auckland International Airport Limited

      New Zealand Australasian Equities

      2.47%
    • Apple Inc.

      United States International Equities

      2.4%
    • Microsoft Corporation

      United States International Equities

      2.34%
    • Nvidia Corporation

      United States International Equities

      2.2%
    • Infratil Limited

      New Zealand Australasian Equities

      2.11%
    • Amazon.Com Inc

      United States International Equities

      1.83%
    • Contact Energy Limited

      New Zealand Australasian Equities

      1.78%
    • Meta Platforms Inc

      United States International Equities

      1.38%
    • Mainfreight Limited

      New Zealand Australasian Equities

      1.32%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 2.06%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 26.0% 25.82%
    International Equities 74.0% 72.12%
    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 by asset type.

    This information has been sourced from the quarterly data that each 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 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

  • 2.24% Animal Cruelty
  • 2.9% Human Rights Violations
  • 0.78% Social Harm
  • 5.24% Fossil Fuels
  • 0.94% Weapons
  • 1.32% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Koninklijke Ahold Delhaize Nv
      0.35%
      0.35%
    • Exxon Mobil Corp.
      0.20%
      !!
      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
      0.20%
    • 0.15%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Hermès International Sca
      0.10%
      0.10%
    • Colgate-Palmolive Co.
      0.09%
      0.09%
    • Shell
      0.08%
      !!
      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
      0.08%
    • Tyson Foods Inc
      0.08%
      0.08%
    • Eni Spa
      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%
    • Unilever PLC
      0.06%
      0.06%
    • Air Liquide
      0.04%
      0.04%
    • Ecolab, Inc.
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • L'Oréal SA
      0.03%
      0.03%
    • The Sherwin-Williams Co.
      0.03%
      0.03%
    • Basf Se
      0.02%
      0.02%
    • Corteva, Inc.
      0.02%
      0.02%
    • Givaudan SA
      0.02%
      0.02%
    • Kimberly-Clark Corp.
      0.02%
      0.02%
    • Otsuka Holdings Co., Ltd.
      0.02%
      0.02%
    • Shin-Etsu Chemical Co., Ltd.
      0.02%
      0.02%
    • Dupont De Nemours
      0.01%
      0.01%
    • Jbs S.A.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Sabic
      0.01%
      0.01%
  • Human Rights Violations

    • 1.38%
    • Rio Tinto
      0.23%
      0.23%
    • 0.15%
    • Nestlé
      0.10%
      0.10%
    • Wells Fargo
      0.09%
      0.09%
    • 0.07%
    • 0.06%
    • Caterpillar
      0.06%
      0.06%
    • Petrobras
      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%
    • Ubs
      0.05%
      0.05%
    • General Motors
      0.04%
      0.04%
    • Petrochina Co Ltd
      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%
    • Saudi Aramco
      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%
    • Zijin Mining
      0.04%
      0.04%
    • Holcim
      0.02%
      0.02%
    • Glencore
      0.01%
      0.01%
  • Fossil Fuels

    • Contact Energy Ltd.
      1.78%
      1.5°C
      This company is on a 1.5°C pathway
      1.78%
    • Rio Tinto
      0.23%
      0.23%
    • Engie SA
      0.22%
      !!
      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
      0.22%
    • Exxon Mobil Corp.
      0.20%
      !!
      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
      0.20%
    • Itochu Corp.
      0.20%
      !!
      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
      0.20%
    • Atmos Energy Corp.
      0.16%
      0.16%
    • BHP
      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
      0.15%
      !!
      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
      0.15%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Shell
      0.08%
      !!
      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
      0.08%
    • OMV AG
      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%
    • Eni Spa
      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%
    • Nextera Energy, Inc.
      0.06%
      0.06%
    • Conocophillips
      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%
    • Enbridge, 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%
    • 0.05%
    • Petrobras
      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%
    • Totalenergies Se
      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%
    • Barrick Gold
      0.04%
      0.04%
    • Duke Energy Corp
      0.04%
      0.04%
    • Petrochina Co Ltd
      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%
    • Repsol
      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%
    • Saudi Aramco
      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%
    • The Southern Co.
      0.04%
      0.04%
    • Channel Infrastructure
      0.03%
      0.03%
    • Enel
      0.03%
      1.5°C
      This company is on a 1.5°C pathway
      0.03%
    • Eog Resources, 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%
    • Pt Astra International Tbk
      0.03%
      0.03%
    • Suncor 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%
    • Targa Resources Corp.
      0.03%
      0.03%
    • The Williams Cos., 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%
    • American Electric Power Co., Inc.
      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%
    • 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%
    • Dominion Energy, Inc.
      0.02%
      0.02%
    • Enn Clean Energy International Investment Ltd.
      0.02%
      0.02%
    • Equinor Asa
      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%
    • Franco-Nevada Corp.
      0.02%
      0.02%
    • Hess 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%
    • 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%
    • Loews Corp.
      0.02%
      0.02%
    • Marathon Petroleum Corp.
      0.02%
      0.02%
    • Mitsubishi 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%
    • Mitsui & Co., 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%
    • National Grid PLC
      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%
    • Oneok, Inc.
      0.02%
      0.02%
    • Phillips 66
      0.02%
      0.02%
    • Sempra Energy
      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%
    • Tc Energy 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%
    • Vale SA
      0.02%
      0.02%
    • Valero Energy Corp.
      0.02%
      0.02%
    • Vistra Energy
      0.02%
      0.02%
    • Xcel Energy, Inc.
      0.02%
      0.02%
    • Acwa Power
      0.01%
      0.01%
    • Ameren Corp.
      0.01%
      0.01%
    • 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%
    • Consolidated Edison, Inc.
      0.01%
      0.01%
    • Dassault Systèmes Se
      0.01%
      0.01%
    • Diamondback 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%
    • Dte Energy Co.
      0.01%
      0.01%
    • E.On Se
      0.01%
      0.01%
    • Entergy Corp.
      0.01%
      0.01%
    • Eqt Corp.
      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%
    • Fairfax Financial Holdings Ltd.
      0.01%
      0.01%
    • Glencore
      0.01%
      0.01%
    • Hanwha Corp.
      0.01%
      0.01%
    • Hd Hyundai Co., Ltd.
      0.01%
      0.01%
    • Japan Petroleum Exploration 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%
    • Occidental Petroleum Corp.
      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 Aneka Tambang Tbk
      0.01%
      0.01%
    • Petron Corp.
      0.01%
      0.01%
    • Pg&E Corp
      0.01%
      0.01%
    • Ppl Corp.
      0.01%
      0.01%
    • Texas Pacific Land Corp.
      0.01%
      0.01%
    • Wec Energy Group, Inc.
      0.01%
      0.01%
  • Weapons

    • Amphenol Corp.
      0.30%
      0.30%
    • Mtu Aero Engines AG
      0.27%
      0.27%
    • Rheinmetall AG
      0.13%
      0.13%
    • Dassault Aviation SA
      0.11%
      0.11%
    • Howmet Aerospace, Inc.
      0.03%
      0.03%
    • Transdigm Group, Inc.
      0.03%
      0.03%
    • Daikin Industries Ltd.
      0.01%
      0.01%
    • Hanwha Corp.
      0.01%
      0.01%
  • Environmental Harm

    • BHP
      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%
    • Pepsico
      0.15%
      0.15%
    • Chevron Corp.
      0.11%
      !!
      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
      0.11%
    • Coca-Cola
      0.11%
      0.11%
    • 0.08%
    • Shell
      0.08%
      !!
      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
      0.08%
    • Unilever PLC
      0.06%
      0.06%
    • 0.05%
    • Mondelez
      0.05%
      0.05%
    • Barrick Gold
      0.04%
      0.04%
    • Duke Energy Corp
      0.04%
      0.04%
    • Zijin Mining
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Archer-Daniels Midland
      0.03%
      0.03%
    • Pt Astra International Tbk
      0.03%
      0.03%
    • Basf Se
      0.02%
      0.02%
    • Corteva, Inc.
      0.02%
      0.02%
    • Danone
      0.02%
      0.02%
    • Fonterra
      0.02%
      0.02%
    • Mitsubishi 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%
    • Vale SA
      0.02%
      0.02%
    • Yunnan Baiyao Group Co Ltd
      0.02%
      0.02%
    • Glencore
      0.01%
      0.01%
    • Jbs S.A.
      0.01%
      0.01%
    • Nutrien Ltd.
      0.01%
      0.01%
    • Pg&E Corp
      0.01%
      0.01%
    • 0.01%

About this Fund

Invests almost entirely in shares. May be suitable for investors seeking exposure mostly to shares and who are comfortable with a high level of volatility in returns.

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 $7.96M NZD
Period of data report 31st March 2025
Fund started 9th Oct. 2015
Total annual fund fees 1.08%
Total performance based fees 0.0%
Manager's basic fee 0.91%
Other management and administration charges 0.17%
Total other charges 0.0
Total other charges currency NZD

Ross Butler

Currently: Chair - Mercer (N.Z.) Ltd (1 years, 11 months)
Previously: Director - Mercer Investments (Australia) Limited (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 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 4.07% 5.57%
2024 15.78% 16.17%
2023 -4.85% -2.46%
2022 3.53% 1.03%
2021 35.55% 36.18%
2020 -7.06% -7.29%
2019 10.17% 6.32%
2018 7.53% 10.81%
2017 9.49% 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 31st March 2025.

Top 10 Investments

  • Fisher & Paykel Healthcare Corporation Limited

    New Zealand Australasian Equities

    3.96%
  • Auckland International Airport Limited

    New Zealand Australasian Equities

    2.47%
  • Apple Inc.

    United States International Equities

    2.4%
  • Microsoft Corporation

    United States International Equities

    2.34%
  • Nvidia Corporation

    United States International Equities

    2.2%
  • Infratil Limited

    New Zealand Australasian Equities

    2.11%
  • Amazon.Com Inc

    United States International Equities

    1.83%
  • Contact Energy Limited

    New Zealand Australasian Equities

    1.78%
  • Meta Platforms Inc

    United States International Equities

    1.38%
  • Mainfreight Limited

    New Zealand Australasian Equities

    1.32%
Type Target Actual
Cash and Cash Equivalents 0.0% 2.06%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 26.0% 25.82%
International Equities 74.0% 72.12%
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 by asset type.

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