Mercer Real Assets Fund

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Not Mindful
Type: Aggressive fund
Past Returns: *-1.38%

Average annual returns over the past 3 years, after fees and taxes. * indicates less than 3 years of data.

Annual Fees: 1.1%

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

Apa Group 0.24%
Enbridge Inc 0.72%
Firstenergy Corp USD 0.47%
Koninklijke Vopak Nv 0.70%
Snam Spa 0.49%
Wec Energy Group Inc 0.43%
Xcel Energy Inc 0.71%

Human Rights & Environmental Violations

Sempra Energy USD 0.65%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 and research organisations.

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% -14.14%
2019 10.01% 11.39%

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 Tue June 30th 2020.

Showing the top 10 investments for this fund:

  • First State Investments Global Listed Infrastructure Fund
    New Zealand Other
    27.51%
  • Cash - Mercer Commodities
    New Zealand Commodities
    5.95%
  • BNP Paribas New Zealand Dollar Account
    New Zealand International Equities NA
    3.01%
  • Future Margins-NZD
    New Zealand Commodities
    2.42%
  • Prologis Inc.
    New Zealand Listed Property
    2.28%
  • Westpac Term Deposit 1.90% Maturing 20/06/2020
    New Zealand Commodities AA-
    1.99%
  • New Zealand Dollar Custodial Account Mitnz Listed Property Portfolio
    New Zealand Listed Property
    1.83%
  • Vonovia Se
    New Zealand Listed Property
    1.81%
  • Avalonbay Communities Inc.
    United States Listed Property
    1.61%
  • Segro PLC
    United Kingdom Listed Property
    1.37%

This information has been sourced from the quarterly data that each fund has filed with Disclose register Tue June 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% 0.16%
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 42.5% 42.22%
Unlisted Properties 0.0% 0.0%
Other 42.5% 43.04%
Commodities 15.0% 0.15%

This information has been sourced from the quarterly data that each fund has filed with Disclose register to Tue June 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:
    0.00%
  • Animal Testing:
    0.00%
  • Fossil Fuels:
    3.76%
  • Gambling:
    0.00%
  • GMOs:
    0.00%
  • Human Rights & Environmental Violations:
    0.65%
  • Palm Oil:
    0.00%
  • Tobacco:
    0.00%
  • Weapons:
    0.00%

This data is compiled by Mindful Money from the fund information and portfolios that each fund has filed with the Disclose register to Tue March 31st 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 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 in a combination of infrastructure shares property shares and commodity derivatives. May be suitable for investors seeking exposure primarily to liquid real assets and who are comfortable with a high level of volatility in returns. Overseas investments are hedged into New Zealand dollars."

Value $640k NZD
Period of data report Tue June 30th 2020
Members Not provided
Fund started Wed Dec. 20th 2017
Total annual fund fees 1.1%
Total performance based fees 0.0%
Manager's basic fee 0.92%
Administration charges 0.18%
Total other charges 0.0
Total other charges currency NZD

Key Personnel

Kristen Kohere-Soutar

Currently: Chair - Mercer (N.Z.) Ltd (0 years, 4 months)
Previously: Director - Mercer (N.Z.) Ltd (current) (2 years, 7 months)

Martin Lewington

Currently: CEO - Mercer (N.Z.) Ltd (11 years, 1 months)
Previously: Head of Investments - Mercer (N.Z.) Ltd (3 years, 8 months)

Philip Houghton-Brown

Currently: Chief Investment Officer - New Zealand Mercer (N.Z.) Ltd (7 years, 8 months)
Previously: Chief Investment Officer - OnePath (NZ) Ltd (5 years, 3 months)

Kylie Willment

Currently: Chief Investment Officer Pacific Mercer Australia (Pty) Ltd (2 years, 5 months)
Previously: Senior Manager Investment & Client Strategy - TCorp (NSW Treasury Corporation) (17 years, 0 months)

Ronan Mccabe

Currently: Head of Portfolio Management Delegated Solutions Pacific Mercer Australia (Pty) Ltd (1 years, 0 months)
Previously: Senior Investment Manager - Ireland Strategic Investment Fund (ISIF) (3 years, 7 months)

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

Downloads

Download the fund's disclosure statement and portfolio holdings.

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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.