Funds
Mercer Defence Force 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 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.
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 | $3.45M NZD |
| Period of data report | 30th Sept. 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 |
Key Personnel
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 5 months) |
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (15 years, 7 months) |
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (6 years, 11 months) |
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 4 months) |
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (10 years, 6 months) |
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 30th Sept. 2024.
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 |
|---|---|---|
| 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 30th Sept. 2024.
Top 10 Investments
-
Westpac 45 Day Deposit
New Zealand Cash and Equivalents AA-5.15% -
Westpac New Zealand Limited Rcd Maturing 29/11/2024
New Zealand Cash and Equivalents AA-5.07% -
Housing New Zealand Limited Bond 3.36% 12/06/2025
New Zealand Cash and Equivalents AAA4.53% -
New Zealand Local Government Funding Agency Treasury Bill 20/12/2024
New Zealand Cash and Equivalents AAA4.42% -
Bank Of New Zealand Rcd Maturing 14/10/2024
New Zealand Cash and Equivalents AA-3.19% -
Auckland Council Promissory Note 17/04/2025
New Zealand Cash and Equivalents AA3.11% -
Bank Of New Zealand
New Zealand Cash and Equivalents AA-2.86% -
Transpower New Zealand Limited Promissory Note 23/12/2024
New Zealand Cash and Equivalents AA2.75% -
Bank Of New Zealand Rcd Maturing 22/10/2024
New Zealand Cash and Equivalents AA-2.55% -
ANZ Bank New Zeland Limited Rcd Maturing 29/10/2024
New Zealand Cash and Equivalents AA-2.54%
| 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 Sept. 2024.