The fund is an actively managed portfolio of bank bills, floating rate notes and short-term securities and liquid deposits and is a low risk investment product that targets capital security. Environmental, Social and Governance characteristics are integrated into our investment process where applicable. The fund aims to provide a Gross Return above the return of the Bloomberg NZBond Bank Bill Index on a rolling 12-month basis.
| Value | $297M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 1st June 1995 |
| Total annual fund fees | 0.3% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.25% |
| Other management and administration charges | 0.05% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 8 months)
|
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (15 years, 10 months)
|
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 2 months)
|
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 7 months)
|
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (10 years, 9 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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% | 4.03% |
| 2023 | -0.79% | 2.31% |
| 2022 | -2.46% | 0.38% |
| 2021 | 2.15% | 0.24% |
| 2020 | 1.75% | 1.17% |
| 2019 | 2.76% | 1.56% |
| 2018 | 1.94% | 1.55% |
| 2017 | 1.52% | 1.68% |
| 2016 | 2.91% | 2.35% |
| 2015 | 5.21% | 2.66% |
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 Dec. 2024.
New Zealand Local Government Funding Agency Bond 2.75% Maturing 15/04/25
New Zealand Cash and Equivalents AAA
ASB Bank Ltd Rcd 21/02/25
New Zealand Cash and Equivalents AA-
Westpac New Zealand Ltd Rcd 28/02/25
New Zealand Cash and Equivalents AA-
ASB Bank Ltd Rcd 24/03/25
New Zealand Cash and Equivalents AA-
Westpac New Zealand Ltd Rcd 17/03/25
New Zealand Cash and Equivalents AA-
Rabobank Nederland Frn 16/06/25
New Zealand Cash and Equivalents A+
Westpac New Zealand Ltd Rcd 07/03/25
New Zealand Cash and Equivalents AA-
Westpac New Zealand Ltd Rcd 17/02/25
New Zealand Cash and Equivalents AA-
Rabobank Nederland Frn 16/03/26
New Zealand Cash and Equivalents A+
Bank Of New Zealand Rcd 22/01/25
New Zealand Cash and Equivalents AA-
| 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% |
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 Dec. 2024.
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.
The fund is an actively managed portfolio of bank bills, floating rate notes and short-term securities and liquid deposits and is a low risk investment product that targets capital security. Environmental, Social and Governance characteristics are integrated into our investment process where applicable. The fund aims to provide a Gross Return above the return of the Bloomberg NZBond Bank Bill Index on a rolling 12-month basis.
| Value | $297M NZD |
| Period of data report | 31st Dec. 2024 |
| Fund started | 1st June 1995 |
| Total annual fund fees | 0.3% |
| Total performance based fees | 0.0% |
| Manager's basic fee | 0.25% |
| Other management and administration charges | 0.05% |
| Total other charges | 0.0 |
| Total other charges currency | NZD |
|
Ross Butler |
Currently: Chair - Mercer (N.Z.) Ltd (1 years, 8 months)
|
|
Martin Lewington |
Currently: CEO - Mercer (N.Z.) Ltd (15 years, 10 months)
|
|
Kylie Willment |
Currently: Chief Investment Officer, Pacific, Mercer Australia (Pty) Ltd (7 years, 2 months)
|
|
Padraig Brown |
Currently: Chief Investment Officer - New Zealand, Mercer (N.Z.) Ltd (2 years, 7 months)
|
|
Robert Kavanagh |
Currently: Head of Portfolio Management NZ - Mercer (N.Z.) Ltd (10 years, 9 months)
|
This information has been sourced from the quarterly data that each fund has filed with Disclose register to 31st Dec. 2024.
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% | 4.03% |
| 2023 | -0.79% | 2.31% |
| 2022 | -2.46% | 0.38% |
| 2021 | 2.15% | 0.24% |
| 2020 | 1.75% | 1.17% |
| 2019 | 2.76% | 1.56% |
| 2018 | 1.94% | 1.55% |
| 2017 | 1.52% | 1.68% |
| 2016 | 2.91% | 2.35% |
| 2015 | 5.21% | 2.66% |
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 Dec. 2024.
New Zealand Local Government Funding Agency Bond 2.75% Maturing 15/04/25
New Zealand Cash and Equivalents AAA
ASB Bank Ltd Rcd 21/02/25
New Zealand Cash and Equivalents AA-
Westpac New Zealand Ltd Rcd 28/02/25
New Zealand Cash and Equivalents AA-
ASB Bank Ltd Rcd 24/03/25
New Zealand Cash and Equivalents AA-
Westpac New Zealand Ltd Rcd 17/03/25
New Zealand Cash and Equivalents AA-
Rabobank Nederland Frn 16/06/25
New Zealand Cash and Equivalents A+
Westpac New Zealand Ltd Rcd 07/03/25
New Zealand Cash and Equivalents AA-
Westpac New Zealand Ltd Rcd 17/02/25
New Zealand Cash and Equivalents AA-
Rabobank Nederland Frn 16/03/26
New Zealand Cash and Equivalents A+
Bank Of New Zealand Rcd 22/01/25
New Zealand Cash and Equivalents AA-
| 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% |
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 Dec. 2024.
