Funds

Mercer Global Shares Fund

Total Ethical Concerns: 12.31%

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

Companies of Concern

  • Animal Cruelty 2.84%

    • Koninklijke Ahold Delhaize Nv
      0.54%
      0.54%
    • Exxon Mobil Corp.
      0.19%
      !!
      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
      0.19%
    • Hermès International Sca
      0.15%
      0.15%
    • 0.15%
    • Colgate-Palmolive Co.
      0.13%
      0.13%
    • Tyson Foods Inc
      0.12%
      0.12%
    • 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%
    • Eni Spa
      0.09%
      !!
      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
      0.09%
    • Shell
      0.09%
      !!
      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
      0.09%
    • Unilever PLC
      0.05%
      0.05%
    • 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%
    • JBS S.A.
      0.02%
      0.02%
    • Kimberly-Clark Corp.
      0.02%
      0.02%
    • Nutrien Ltd.
      0.02%
      0.02%
    • Otsuka Holdings Co., Ltd.
      0.02%
      0.02%
    • Sabic
      0.02%
      0.02%
    • Shin-Etsu Chemical Co., Ltd.
      0.02%
      0.02%
    • Dupont De Nemours
      0.01%
      0.01%
    • PPG Industries, Inc.
      0.01%
      0.01%
    • Ultrapar Participaçoes SA
      0.01%
      0.01%
  • Human Rights Violations 3.52%

    • 1.92%
    • 0.15%
    • Nestlé
      0.10%
      0.10%
    • 0.09%
    • Wells Fargo
      0.09%
      0.09%
    • 0.07%
    • Petrobras
      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%
    • Caterpillar
      0.06%
      0.06%
    • UBS
      0.06%
      0.06%
    • Zijin Mining
      0.06%
      0.06%
    • Petrochina Co Ltd
      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%
    • Saudi Aramco
      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%
    • General Motors
      0.04%
      0.04%
    • Rio Tinto
      0.03%
      0.03%
    • Glencore
      0.02%
      0.02%
    • Holcim
      0.02%
      0.02%
    • Ck Hutchison
      0.01%
      0.01%
    • Mtn Group Limited
      0.01%
      0.01%
  • Social Harm 0.83%

  • Fossil Fuels 3.81%

    • Engie SA
      0.34%
      !!
      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
      0.34%
    • Itochu Corp.
      0.31%
      !!
      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
      0.31%
    • Atmos Energy Corp.
      0.24%
      0.24%
    • BP
      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.
      0.19%
      !!
      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
      0.19%
    • BHP
      0.12%
      !!
      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
      0.12%
    • OMV AG
      0.12%
      !!
      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
      0.12%
    • 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%
    • Eni Spa
      0.09%
      !!
      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
      0.09%
    • Shell
      0.09%
      !!
      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
      0.09%
    • Petrobras
      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%
    • Barrick Gold
      0.06%
      0.06%
    • Enbridge, Inc.
      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%
    • Repsol
      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%
    • 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%
    • Nextera Energy, Inc.
      0.05%
      0.05%
    • PT Astra International Tbk
      0.05%
      0.05%
    • Petrochina Co Ltd
      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%
    • Saudi Aramco
      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%
    • Suncor Energy, Inc.
      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%
    • Targa Resources Corp.
      0.04%
      0.04%
    • The Southern Co.
      0.04%
      0.04%
    • Vale SA
      0.04%
      0.04%
    • Canadian Natural Resources Ltd.
      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%
    • Duke Energy Corp
      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%
    • Equinor Asa
      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%
    • Rio Tinto
      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%
    • Vistra Energy
      0.03%
      0.03%
    • Acwa Power
      0.02%
      0.02%
    • American Electric Power Co., Inc.
      0.02%
      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%
    • Entergy Corp.
      0.02%
      0.02%
    • Franco-Nevada Corp.
      0.02%
      0.02%
    • Glencore
      0.02%
      0.02%
    • Hanwha Corp.
      0.02%
      0.02%
    • Hd Hyundai Co., Ltd.
      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%
    • Japan Petroleum Exploration 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%
    • 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%
    • PT Aneka Tambang Tbk
      0.02%
      0.02%
    • Petron Corp.
      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%
    • Valero Energy Corp.
      0.02%
      0.02%
    • Ck Hutchison
      0.01%
      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%
    • Fairfax Financial Holdings Ltd.
      0.01%
      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%
    • 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%
    • Woodside Energy Group 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%
    • Xcel Energy, Inc.
      0.01%
      0.01%
  • Weapons 1.39%

    • Amphenol Corp.
      0.47%
      0.47%
    • Mtu Aero Engines AG
      0.42%
      0.42%
    • Rheinmetall AG
      0.18%
      0.18%
    • Dassault Aviation SA
      0.17%
      0.17%
    • Howmet Aerospace, Inc.
      0.04%
      0.04%
    • Transdigm Group, Inc.
      0.03%
      0.03%
    • Hanwha Corp.
      0.02%
      0.02%
    • Daikin Industries Ltd.
      0.01%
      0.01%
    • Teledyne Technologies, Inc.
      0.01%
      0.01%
  • Environmental Harm 1.44%

    • PepsiCo
      0.19%
      0.19%
    • BHP
      0.12%
      !!
      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
      0.12%
    • 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%
    • 0.11%
    • Shell
      0.09%
      !!
      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
      0.09%
    • 0.07%
    • Barrick Gold
      0.06%
      0.06%
    • Mondelez
      0.06%
      0.06%
    • Zijin Mining
      0.06%
      0.06%
    • PT Astra International Tbk
      0.05%
      0.05%
    • Unilever PLC
      0.05%
      0.05%
    • Archer-Daniels Midland
      0.04%
      0.04%
    • Vale SA
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Duke Energy Corp
      0.03%
      0.03%
    • Yunnan Baiyao Group Co Ltd
      0.03%
      0.03%
    • Basf Se
      0.02%
      0.02%
    • Corteva, Inc.
      0.02%
      0.02%
    • Danone
      0.02%
      0.02%
    • Glencore
      0.02%
      0.02%
    • JBS S.A.
      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%
    • Nutrien Ltd.
      0.02%
      0.02%
    • 0.02%
    • Pg&E Corp
      0.01%
      0.01%

From the Fund Provider

  • About this fund

    About this Fund

    The fund invests in international shares listed on share markets around the world by using investment managers from around the world which are combined in a multi-manager fund. Environmental, Social and Governance characteristics are integrated into the underlying investment managers’ investment processes where applicable. The fund aims to provide a Gross Return above the return of the MSCI All Country World ex Tobacco Index with net dividends reinvested (50% hedged to NZD on an after-tax basis) on a rolling three-year basis.

    Value $25.8M NZD
    Period of data report 31st March 2025
    Fund started 13th Dec. 1994
    Total annual fund fees 1.39%
    Total performance based fees 0.0%
    Manager's basic fee 1.0%
    Other management and administration charges 0.39%
    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% 7.16%
    2024 15.78% 28.5%
    2023 -4.85% -2.4%
    2022 3.53% 4.41%
    2021 35.55% 36.54%
    2020 -7.06% -8.55%
    2019 10.17% 3.83%
    2018 7.53% 10.93%
    2017 9.49% 14.36%
    2016 4.71% -0.33%

    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

    • Microsoft Corporation

      United States International Equities

      3.16%
    • Apple Inc.

      United States International Equities

      3.08%
    • Nvidia Corporation

      United States International Equities

      2.93%
    • Amazon.Com Inc

      United States International Equities

      2.53%
    • Meta Platforms Inc

      United States International Equities

      1.92%
    • Taiwan Semiconductor Manufacturing Company Limited

      Taiwan, Province of China International Equities

      1.32%
    • Tencent Holdings Limited

      China International Equities

      1.26%
    • Berkshire Hathaway Inc Class B

      United States International Equities

      1.25%
    • Alphabet Inc Class A

      United States International Equities

      1.19%
    • Mastercard Inc Class A

      United States International Equities

      1.15%
    Type Target Actual
    Cash and Cash Equivalents 0.0% 1.27%
    New Zealand Fixed Interest 0.0% 0.0%
    International Fixed Interest 0.0% 0.0%
    Australasian Equities 0.0% 0.0%
    International Equities 100.0% 98.73%
    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

  • 2.84% Animal Cruelty
  • 3.52% Human Rights Violations
  • 0.83% Social Harm
  • 3.81% Fossil Fuels
  • 1.39% Weapons
  • 1.44% Environmental Harm

Companies of Concern

  • Animal Cruelty

    • Koninklijke Ahold Delhaize Nv
      0.54%
      0.54%
    • Exxon Mobil Corp.
      0.19%
      !!
      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
      0.19%
    • Hermès International Sca
      0.15%
      0.15%
    • 0.15%
    • Colgate-Palmolive Co.
      0.13%
      0.13%
    • Tyson Foods Inc
      0.12%
      0.12%
    • 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%
    • Eni Spa
      0.09%
      !!
      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
      0.09%
    • Shell
      0.09%
      !!
      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
      0.09%
    • Unilever PLC
      0.05%
      0.05%
    • 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%
    • JBS S.A.
      0.02%
      0.02%
    • Kimberly-Clark Corp.
      0.02%
      0.02%
    • Nutrien Ltd.
      0.02%
      0.02%
    • Otsuka Holdings Co., Ltd.
      0.02%
      0.02%
    • Sabic
      0.02%
      0.02%
    • Shin-Etsu Chemical Co., Ltd.
      0.02%
      0.02%
    • Dupont De Nemours
      0.01%
      0.01%
    • PPG Industries, Inc.
      0.01%
      0.01%
    • Ultrapar Participaçoes SA
      0.01%
      0.01%
  • Human Rights Violations

    • 1.92%
    • 0.15%
    • Nestlé
      0.10%
      0.10%
    • 0.09%
    • Wells Fargo
      0.09%
      0.09%
    • 0.07%
    • Petrobras
      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%
    • Caterpillar
      0.06%
      0.06%
    • UBS
      0.06%
      0.06%
    • Zijin Mining
      0.06%
      0.06%
    • Petrochina Co Ltd
      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%
    • Saudi Aramco
      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%
    • General Motors
      0.04%
      0.04%
    • Rio Tinto
      0.03%
      0.03%
    • Glencore
      0.02%
      0.02%
    • Holcim
      0.02%
      0.02%
    • Ck Hutchison
      0.01%
      0.01%
    • Mtn Group Limited
      0.01%
      0.01%
  • Fossil Fuels

    • Engie SA
      0.34%
      !!
      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
      0.34%
    • Itochu Corp.
      0.31%
      !!
      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
      0.31%
    • Atmos Energy Corp.
      0.24%
      0.24%
    • BP
      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.
      0.19%
      !!
      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
      0.19%
    • BHP
      0.12%
      !!
      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
      0.12%
    • OMV AG
      0.12%
      !!
      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
      0.12%
    • 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%
    • Eni Spa
      0.09%
      !!
      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
      0.09%
    • Shell
      0.09%
      !!
      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
      0.09%
    • Petrobras
      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%
    • Barrick Gold
      0.06%
      0.06%
    • Enbridge, Inc.
      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%
    • Repsol
      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%
    • 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%
    • Nextera Energy, Inc.
      0.05%
      0.05%
    • PT Astra International Tbk
      0.05%
      0.05%
    • Petrochina Co Ltd
      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%
    • Saudi Aramco
      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%
    • Suncor Energy, Inc.
      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%
    • Targa Resources Corp.
      0.04%
      0.04%
    • The Southern Co.
      0.04%
      0.04%
    • Vale SA
      0.04%
      0.04%
    • Canadian Natural Resources Ltd.
      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%
    • Duke Energy Corp
      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%
    • Equinor Asa
      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%
    • Rio Tinto
      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%
    • Vistra Energy
      0.03%
      0.03%
    • Acwa Power
      0.02%
      0.02%
    • American Electric Power Co., Inc.
      0.02%
      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%
    • Entergy Corp.
      0.02%
      0.02%
    • Franco-Nevada Corp.
      0.02%
      0.02%
    • Glencore
      0.02%
      0.02%
    • Hanwha Corp.
      0.02%
      0.02%
    • Hd Hyundai Co., Ltd.
      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%
    • Japan Petroleum Exploration 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%
    • 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%
    • PT Aneka Tambang Tbk
      0.02%
      0.02%
    • Petron Corp.
      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%
    • Valero Energy Corp.
      0.02%
      0.02%
    • Ck Hutchison
      0.01%
      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%
    • Fairfax Financial Holdings Ltd.
      0.01%
      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%
    • 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%
    • Woodside Energy Group 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%
    • Xcel Energy, Inc.
      0.01%
      0.01%
  • Weapons

    • Amphenol Corp.
      0.47%
      0.47%
    • Mtu Aero Engines AG
      0.42%
      0.42%
    • Rheinmetall AG
      0.18%
      0.18%
    • Dassault Aviation SA
      0.17%
      0.17%
    • Howmet Aerospace, Inc.
      0.04%
      0.04%
    • Transdigm Group, Inc.
      0.03%
      0.03%
    • Hanwha Corp.
      0.02%
      0.02%
    • Daikin Industries Ltd.
      0.01%
      0.01%
    • Teledyne Technologies, Inc.
      0.01%
      0.01%
  • Environmental Harm

    • PepsiCo
      0.19%
      0.19%
    • BHP
      0.12%
      !!
      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
      0.12%
    • 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%
    • 0.11%
    • Shell
      0.09%
      !!
      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
      0.09%
    • 0.07%
    • Barrick Gold
      0.06%
      0.06%
    • Mondelez
      0.06%
      0.06%
    • Zijin Mining
      0.06%
      0.06%
    • PT Astra International Tbk
      0.05%
      0.05%
    • Unilever PLC
      0.05%
      0.05%
    • Archer-Daniels Midland
      0.04%
      0.04%
    • Vale SA
      0.04%
      0.04%
    • 3M
      0.03%
      0.03%
    • Duke Energy Corp
      0.03%
      0.03%
    • Yunnan Baiyao Group Co Ltd
      0.03%
      0.03%
    • Basf Se
      0.02%
      0.02%
    • Corteva, Inc.
      0.02%
      0.02%
    • Danone
      0.02%
      0.02%
    • Glencore
      0.02%
      0.02%
    • JBS S.A.
      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%
    • Nutrien Ltd.
      0.02%
      0.02%
    • 0.02%
    • Pg&E Corp
      0.01%
      0.01%

About this Fund

The fund invests in international shares listed on share markets around the world by using investment managers from around the world which are combined in a multi-manager fund. Environmental, Social and Governance characteristics are integrated into the underlying investment managers’ investment processes where applicable. The fund aims to provide a Gross Return above the return of the MSCI All Country World ex Tobacco Index with net dividends reinvested (50% hedged to NZD on an after-tax basis) on a rolling three-year basis.

Value $25.8M NZD
Period of data report 31st March 2025
Fund started 13th Dec. 1994
Total annual fund fees 1.39%
Total performance based fees 0.0%
Manager's basic fee 1.0%
Other management and administration charges 0.39%
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% 7.16%
2024 15.78% 28.5%
2023 -4.85% -2.4%
2022 3.53% 4.41%
2021 35.55% 36.54%
2020 -7.06% -8.55%
2019 10.17% 3.83%
2018 7.53% 10.93%
2017 9.49% 14.36%
2016 4.71% -0.33%

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

  • Microsoft Corporation

    United States International Equities

    3.16%
  • Apple Inc.

    United States International Equities

    3.08%
  • Nvidia Corporation

    United States International Equities

    2.93%
  • Amazon.Com Inc

    United States International Equities

    2.53%
  • Meta Platforms Inc

    United States International Equities

    1.92%
  • Taiwan Semiconductor Manufacturing Company Limited

    Taiwan, Province of China International Equities

    1.32%
  • Tencent Holdings Limited

    China International Equities

    1.26%
  • Berkshire Hathaway Inc Class B

    United States International Equities

    1.25%
  • Alphabet Inc Class A

    United States International Equities

    1.19%
  • Mastercard Inc Class A

    United States International Equities

    1.15%
Type Target Actual
Cash and Cash Equivalents 0.0% 1.27%
New Zealand Fixed Interest 0.0% 0.0%
International Fixed Interest 0.0% 0.0%
Australasian Equities 0.0% 0.0%
International Equities 100.0% 98.73%
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.