Mercer Defence Force Shares Fund

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Not Mindful
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: 1.06%

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

Anglo American PLC 0.04%
Anglo American PLC (SA Line) 0.02%
Apache Corp 0.02%
Basf Se 0.01%
BHP Billiton Ltd 0.01%
BHP Group PLC 0.08%
Bkw AG 0.07%
Bw Lpg Ltd 0.01%
China Petroleum & Chemical 0.02%
Citic Limited Npv 0.01%
Citic Securities 0.01%
Clp Holdings Limited Hkd 0.09%
Cnooc Ltd 0.03%
Coca Cola Co USD 0.05%
Conocophillips 0.02%
Cosmo Energy Holdings Co Ltd 0.02%
Dominion Energy Inc 0.01%
Drax Group PLC 0.02%
Enagas 0.01%
Enbridge Inc 0.03%
Enel Spa 0.04%
Eneos Holdings Inc 0.02%
Engie Aug5 0.04%
Engie Brasil Energia SA 0.02%
Eog Resources Inc 0.01%
Gazprom PJSC Spon Adr 0.03%
Genesis Energy Ltd 0.21%
Gs Holdings Corp 0.01%
Guangdong Investment Limited 0.12%
Hk Electric Investments Ltd 0.03%
Hokkaido Electric Power Co 0.02%
Iberdrola SA 0.01%
Itochu Corp Jpy 0.04%
Jastrzebska Spolka Pln5 Ordinary Shares 0.03%
Lg Corp 0.02%
Lyondellbasell Industries 0.08%
Marathon Oil Corp 0.03%
Marathon Petrol Com 0.02%
Mol Hungarian Oil 0.01%
Murphy Oil Corp 0.02%
Neste Oyj 0.01%
Nextera Energy Inc 0.03%
Nextera Energy Inc Common Stock USD.01 0.05%
Norfolk Southern Corp USD 0.01%
Novatek PJSC 0.03%
Nrg Energy Inc 0.03%
Oao Rosneft Oil Co-Gdr 0.01%
OMV AG 0.01%
Orix Corporation Jpy50 0.03%
Orsted A/S Common Stock Dkk10.0 0.12%
Ovintiv Inc 0.03%
Petrochina Co Ltd H 0.01%
Petroleo Brasileiro Petrobras SA 0.04%
Phillips 66 Com Usd0.01 0.03%
Polski Koncern Naftowy 0.01%
Ptt Public Company Thb10 0.02%
Public Power Corp 0.02%
Repsol SA 0.01%
Rio Tinto Limited 0.16%
Rio Tinto PLC Ord 10P Gbp 0.11%
Royal Dutch Shell PLC-B Shs 0.02%
Rubis Eur1.25 0.17%
Saudi Arabian Oil 0.02%
Seacor Holdings Inc 0.01%
Severstal Pao 0.01%
Shell Midstream Partners Lp 0.01%
Sm Energy Company 0.01%
Sojitz Corporation 0.02%
Sumitomo Corp Jpy 0.02%
Tatneft PJSC Ads 0.02%
Teck Resources Limited Class B 0.01%
Teekay Lng Partners Lp 0.03%
Tenaga Nasional Berhad 0.02%
Total Se 0.02%
Vale SA 0.06%
Valero Energy Corp 0.03%
Williams Companies Inc 0.01%

Weapons

Amphenol Corp-Cl A 0.14%
Howmet Aerospace I Com USD 0.03%
Perspecta Inc 0.03%
Rheinmetall AG 0.02%
Sanmina Corp Com USD 0.0 0.01%
Teledyne Technologies Inc 0.01%
Transdigm Group Inc 0.07%

Tobacco

Casey'S General Stores Inc 0.09%
Seven & I Holdings Co Ltd 0.06%

Gambling

Aristocrat Leisure Ltd 0.12%
Churchill Downs Incorporated 0.02%
Golden Entertainment Inc 0.03%
Las Vegas Sands Corp 0.03%
Penn National Gaming Inc 0.03%
Playtech Ord Npv 0.03%
Red Rock Resorts Inc 0.03%
Skycity Entertainment Group Limited 0.29%
Twin River Worldwide Holdings Inc 0.01%

Alcohol

Ambev SA Com Npv 0.02%
Beijing Enterprises Holdings Limited 0.02%
Metcash Limited 0.02%
Treasury Wine Estates Limited 0.08%
Want Want China Holdings Ltd 0.02%

Palm Oil

GMOs

Oci Company Ltd 0.01%

Human Rights & Environmental Violations

Barrick Gold Corp 0.01%
BHP Billiton Ltd 0.01%
BHP Group PLC 0.08%
Centerra Gold Inc 0.02%
Chemours Co 0.05%
Duke Energy Corp Com USD 0.001 Post Rev Splt 0.01%
Freeport Mcmoran Inc 0.02%
Johnson & Johnson Com US$1 0.42%
Johnson + Johnson Common Stock Usd1.0 0.07%
Mmc Norilsk Nickel Adr 0.03%
Nestle Malaysia Berhad 0.01%
Nestle SA 0.30%
Nutrien Ltd Com Npv 0.01%
Petrochina Co Ltd H 0.01%
Petroleo Brasileiro Petrobras SA 0.04%
Rio Tinto Limited 0.16%
Rio Tinto PLC Ord 10P Gbp 0.11%
Royal Dutch Shell PLC-B Shs 0.02%
Tokyo Electric Power Company Holdings Incorporated 0.02%
Vale SA 0.06%
Zijin Mining Group Co Ltd 0.01%

Animal Testing

Air Liquide 0.020%
Angel Yeast Co Ltd 0.010%
Basf Se 0.010%
Bayer AG 0.010%
Celanese Corp Series A 0.040%
Central Glass Co Ltd 0.030%
Chemours Co 0.050%
Chr Hansen Holding A/S Common Stock Dkk10. 0.050%
Church & Dwight Co 0.100%
Clorox Co Del 0.100%
Coca Cola Co USD 0.050%
Colgate Palmolive Usd1 0.110%
Croda International PLC Common Stock Gbp.1060976 0.020%
Danone Common Stock EUR.25 0.030%
Dow Inc 0.040%
Earth Corporation Npv 0.020%
Eastman Chemical Com 0.040%
Ecolab Inc Common Stock Usd1.0 0.120%
Ecolab Ltd 0.010%
Elkem Asa 0.020%
Estee Lauder Companies 0.010%
Estee Lauder Companies Cl A Common Stock USD.01 0.030%
General Mills Inc 0.100%
Givaudan Reg Common Stock Chf10.0 0.020%
Glaxosmithkline PLC 0.150%
Hanwha Solutions Corp 0.030%
Henkel AG & Co Kgaa Non Vtg Pref 0.100%
Hermes International 0.050%
Hokuto Corp 0.030%
Hp Inc Common Stock USD.01 0.010%
Intl Flavors & Fragrances USD 0.120%
Johnson & Johnson Com US$1 0.420%
Johnson + Johnson Common Stock Usd1.0 0.070%
Kellogg Company 0.070%
Kikkoman Corporation Jpy 0.040%
Kimberly Clark Corp Com Usd1.25 0.110%
Koninklijke Dsm Nv Common Stock Eur1.5 0.080%
Kraft Heinz Co Com Usd0.01 0.050%
Kronos Worldwide Inc 0.030%
L'Oreal 0.020%
Lenzing AG Common Stock 0.020%
Lg Household Health Care 0.020%
Linde PLC 0.030%
Linde PLC Common Stock EUR.001 0.050%
Lyondellbasell Industries 0.080%
Marico Ltd Common Stock Inr1. 0.020%
Mitsui Chemicals Inc 0.020%
Mondelez International Inc 0.020%
Mosaic Co Com 0.030%
Nestle Malaysia Berhad 0.010%
Nestle SA 0.300%
Novozymes A/S B Shares Common Stock Dkk2.0 0.020%
Nu Skin Enterprises Inc - Class A 0.030%
Nutrien Ltd Com Npv 0.010%
Oci Company Ltd 0.010%
Orkla Asa 0.050%
Pepsico Inc Cap US$0.01 2/3 0.160%
Phosagro PJSC Gdr 0.020%
Procter & Gamble Company 0.250%
Procter + Gamble Co/The Common Stock 0.040%
Reckitt Benckiser Group PLC 0.010%
Royal Dutch Shell PLC-B Shs 0.020%
Rpm International Inc 0.030%
Seven & I Holdings Co Ltd 0.060%
Sherwin-Williams Company 0.010%
Shin-Etsu Chem Co Y50 0.010%
Solvay SA Belgian Bef 0.010%
Stepan Co 0.010%
Symrise AG Common Stock 0.120%
Tate & Lyle PLC Gbp 0.020%
Trinseo SA 0.080%
Turkiye Is Bankasi-C 0.010%
Umicore Common Stock 0.020%
Unicharm Corp Common Stock 0.030%
Unilever Nv Common Stock EUR.16 0.040%
Unilever Nv Eur0.16 0.020%
Unilever PLC 0.040%
Unilever PLC Common Stock Gbp.0311 0.060%
Usana Helath Sciences Inc 0.060%
Wd 40 Co 0.030%
Xerox Hldgs Corp Com Usd1.00 0.060%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 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, Sustainalytics and research organisations.

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.

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 Wed Sept. 30th 2020.

Showing the top 10 investments for this fund:

  • Fisher & Paykel Healthcare Corporation Limited
    New Zealand Australasian Equities
    3.73%
  • The A2 Milk Company Limited
    New Zealand Australasian Equities
    2.58%
  • Spark New Zealand Limited
    New Zealand Australasian Equities
    1.64%
  • Auckland International Airport Limited
    New Zealand Australasian Equities
    1.44%
  • Microsoft Corp.
    United States International Equities
    1.35%
  • BNP Paribas US Dollar Account
    United States International Equities
    1.29%
  • Alibaba Group Holding Limited
    Cayman Islands International Equities
    1.19%
  • Mainfreight Limited
    New Zealand Australasian Equities
    1.12%
  • Amazon Com Inc
    United States International Equities
    1.05%
  • Meridian Energy Limited
    New Zealand Australasian Equities
    1.02%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Wed Sept. 30th 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% 1.38%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 26.0% 24.37%
International Equities 74.0% 74.25%
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 Wed Sept. 30th 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:
    0.21%
  • Animal Testing:
    4.68%
  • Fossil Fuels:
    3.10%
  • Gambling:
    0.60%
  • GMOs:
    0.02%
  • Human Rights & Environmental Violations:
    1.55%
  • Palm Oil:
    0.04%
  • Tobacco:
    0.16%
  • Weapons:
    0.33%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Wed Sept. 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, Sustainalytics 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."

Value $4.6M NZD
Period of data report Wed Sept. 30th 2020
Members Not provided
Fund started Fri Oct. 9th 2015
Total annual fund fees 1.06%
Total performance based fees 0.0%
Manager's basic fee 0.91%
Administration charges 0.15%
Total other charges 28.5
Total other charges currency NZD

Key Personnel

Kristen Kohere-Soutar

Currently: Chair - Mercer (N.Z.) Ltd (0 years, 10 months)
Previously: Director - Mercer (N.Z.) Ltd (current) (3 years, 1 months)

Martin Lewington

Currently: CEO - Mercer (N.Z.) Ltd (11 years, 7 months)
Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

Kylie Willment

Currently: Chief Investment Officer Pacific Mercer Australia (Pty) Ltd (2 years, 11 months)
Previously: Senior Manager Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

Ronan Mccabe

Currently: Acting Chief Investment Officer - New Zealand Mercer (N.Z.) Ltd (0 years, 1 months)
Previously: Head of Portfolio Management Delegated Solutions Pacific Mercer Australia (Pty) Ltd (current) (1 years, 6 months)

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

Downloads

Download the fund's disclosure statement and portfolio holdings.

Latest news

You should be prudent about your investment.

Investing involves risk. The value of investments can go down, as well as going up. You might lose some of your capital invested. The information provided on this website is not a recommendation to buy, sell or hold any financial products. Nothing on this page is financial advice for the purposes of the Financial Advisers Act 2008 and any associated regulations.

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.